Vanuatu
Vanuatu comprises of a chain of approximately 80 islands situated some 2,250 km north-east of Sydney, Australia and 800 km west of Fiji. The country lies between the latitudes of 13° and 21° and climate varies between tropical in the north to sub-tropical in the south. The total land area is approximately 12,190 sq km. The capital is Port Vila situated on the Island of Efate.
General |
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| Type of Company : | International | Exempt |
| Political Stability: | Good | |
| Common or Civil Law: | Common | |
| Disclosure of Beneficial Owner: | No | Yes |
| Migration of Domicile Permitted: | Yes | |
| Corporate taxation: | Nil | |
| Language of name: | Latin and other alphabets | |
Corporate Requirements |
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| Minimum Number of Shareholders/Members: | One | Two |
| Minimum Number of Directors/Managers: | One | One |
| Corporate Directors/Managers permitted: | Yes | Yes |
| Company Secretary required: | No | Yes |
| Usual authorised Capital: | None | US$ 10,000 |
Local Requirements |
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| Registered Office/Agent : | Yes/Yes | Yes/No |
| Company Secretary: | No | Yes |
| Local Directors: | No | Yes |
| Local Meetings: | No | No |
| Government Register of Directors/Managers : | No | No |
| Government Register of Shareholders/Members: | No | Yes |
Annual Requirements |
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| Annual Return: | No | Yes |
| Submit Accounts: | No | No |
| Annual Audit: | No | Yes if turnover exceeds USD$200,000 |
Recurring Government Costs |
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| Minimum Tax/Licence Fee: | US$ 300 | US$ 500 |
| Annual Return Filing Fee : | N/A | N/A |
