How do I close a Vanuatu company properly?

If it has no assets or debts, the shareholders resolve to end it and the agent applies to the VFSC to remove it from the register. A company with assets or creditors is wound up instead. Closing properly avoids penalties building up and gives you a clear record for banks (confirm the steps with your specialist).

Company closure

Source: Legislation: International Companies Act [Cap 222], Vanuatu Financial Services Commission (VFSC)