Vanuatu, officially the Republic of Vanuatu, is located to the East of Australia and North of New Zealand. Vanuatu was an Anglo-French Condominium from 1906 until independence in 1980 when it became a self-governing republic and a member of the Commonwealth. Vanuatu is a rapidly developing offshore centre offering numerous benefits for international entrepreneurs.
Vanuatu Offshore International Company as an offshore corporation Vanuatu is a number of islands to the East of Australia and North of New Zealand. Although Vanuatu became a tax haven in 1971, only after the international companies (offshore companies) Act was introduced in 1993, Vanuatu joined most successful offshore jurisdictions of the world. Here are some points of the Act and the main advantages of Vanuatu Offshore International Company: off shore company may have a name in any language (should be translated into English or French) with most of the endings defining its limited liability, like Limited, Ltd, Corporation, Corp, Incorporated, Inc, Pty Ltd, Sendirian Berhad, Sdn Bhd, Societe a Responsabilite Limitee, SARL, Besloten Vennootschap, B.V., or Gesellschaft mit beschrankter Haftung, GmbH; offshore company capital may be in any currency and any amount. No minimum and no maximum of share capital is required;
there is no need to hold annual general meetings or file annual returns for offshore companies; off shore company may not carry on business or own land in Vanuatu;
no taxation within 20 years for offshore companies; bearer shares are allowed;
off shore companies may keep its accounts, records, minutes or registers at any place in the world; the only information about the offshore company, which is public, is the company Constitution, the location of its registered office, the name of its registered agent and any charges against its assets; a minimum of one director and one shareholder are required for incorporation. – Their names are not public; offshore company incorporation takes 24 hours (the corporate documents will be shipped within 5 business days afterwards). With all the above a Vanuatu International (offshore) Company makes, probably, the most convenient vehicle for conducting business worldwide.