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Introduction | Information
VANUATU

Vanuatu, located 1,500 miles north-east of Australia, became independent in 1980. There are no corporate or personal income taxes, capital gains taxes, reporting requirements, or restrictions on company employment policies.
The International Companies Act passed in December 1992 provides for the incorporation of the International Company (IC) which is preferred over the exempt company. ICs do not have the concept of authorised capital and are exempt from taxes for 20 years.
Vanuatu International companies can own or lease ships or pleasure craft without payment of taxes on income derived from the vessels. Registration fees are low and the Vanuatu flag is universally recognised.
- Zero Taxation
- No exchange control regulations
- No share restrictions
- No capital duty
- No percentage limit on foreign ownership of a Vanuatu business
- Strong supporting infrastructure of banks, lawyers and accountants
- International Company Status
- Fast incorporation – 24 hour online service
- English Law system
- No Double Tax Treaties
- Shelf companies available
- No requirement for keeping or filing accounts
- No restrictions on where meetings are held

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