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Main characteristics of Vanuatu Company

Updated time: 09 Jan, 2019, 17:56 (UTC+08:00)
Company type International Company (IC)
Governing corporate legislation Vanuatu Financial Services Commission
Information published relating to company officers NO
Confidentiality No public registry filing or record accessibility for Vanuatu IBCs
Accounting requirement No accounting / reporting requirements.**
Taxation No taxes of any sort.
Legislation International companies Act of Vanuatu
Standard currency Vatu
Time to form 3 to 4 days*
Stability Vanuatu is a small island uniquely positioned, Vanuatu is determined to preserve the economic growth and stability which makes it an excellent choice for business for clients. Our clients can hence benefit from the tax-friendly regulatory framework where there is no direct taxation in the country.
Communication Efficient communication means.
Time zone GMT +11
Secretary required Yes
Paid up capital requirement Standard authorised capital: USD 10,000.00 
Minimum paid up: USD 1
Basis of legal System Under Common Law.
Minimum directors/shareholders Minimum of 1 director/shareholder
Bearer shares No

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