Company registration in Vanuatu

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Vanuatu allows any activity that is authorized by law. An offshore company must have registered premises and an agent. The organization is absolutely exempt from taxation.

COMPANY NAME

The organization must be named in such a way that there is an ending that denotes Limited Liability Establishment for International Company. It may also contain characters from the Chinese, Japanese and Russian alphabets.

AUTHORIZED CAPITAL AND SHARES

The authorized capital must be ten thousand USD. It does not need to be paid out. Issuance of bearer shares is prohibited. Issuance of shares without stated par value is allowed.

DIRECTORS AND SHAREHOLDERS

The smallest number of shareholders is one person. The smallest number of directors is one person. shareholders and directors can be both legal entities and individuals.

To maximize the protection of the company, nominee directors and shareholders can be used. They will be listed in the main registration documents, his right to manage the establishment will be confirmed by documentation. Open dated letters of resignation of the nominee are issued at once. Also, the nominee has shares which, he has no right to dispose of.

Meetings of directors and shareholders can be held anywhere around the world.

There are no accounting or annual report requirements.

Information on shareholders and directors is not available to third parties. Information can only be obtained by order of a local court.

The organization's documents can be stored anywhere in the world.

There are no double taxation agreements.

There is no currency control.

The company is registered within fourteen days after submission of the package of documents.

Review and confirmation of the name of the organization in the register.

Preparatory work and filling out the required documents.

Payment of the required fees and charges for registration.

Registration of the organization in the Registry of Companies.

Notarization and apostillation.

Delivery of documents to the owner of the company by courier.

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