Going Offshore - Crowe Horwath International

Horwath MAK
Member Crowe Horwath International
SN DETAILS VANUATU
1 Types of company: Exempted (EC) International (IC) and Local (LC).
(a) Type of company preferred for international transactions: IC and
EC (for specific licenses).
(b) Shareless companies: No
2 Capital requirements: None.
3 Fees paid to authorities USD 150 (IC) - USD2,500 (including special licences).
to incorporate:
4 Annual fees paid to
authorities:
USD300 (IC) - USD2,500 (including special licenses).
5 Taxation rates applied to
companies generally:
6 Minimum number of
members:
Nil
(a) The taxation of companies in 2(a): Nil
LC and EC: Two; IC: One.
7 Directors and secretary: (a) Must there be a resident director/secretary? LC and EC: Yes;
IC: No
(b) Are corporate directors allowed? Yes
(c) Is a local registered agent required? Yes for IC.
(d) Are "shadow" directors required to be registered? N/A
8 Annual meetings: Yes
9 Is an annual return filed
with details of directors
and members?
LC and EC: Yes; IC: No.
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