Vanuatu offshore companies (IBC) benefits:
Among the benefits that are specifically enjoyed are the following:
- Vanuatu IBCs are tax exempt for 20 years since their incorporation
- Domestic taxation is not payable on the net chargeable profits of Exempt and International Companies
- Vanuatu does not have party in any double taxation treaty with another country
- It is not required to hold annual general meetings
- There is no need to file annual returns
- They can keep their accounts, records, minutes or register at any place in the world
- Only one director is required
- Only one shareholder is required
- The international companies may name natural or legal person as directors, and may be of any nationality
- Bearer shares are allowed
- The companies` capital may be in any currency and any amount, there is no minimum or maximum of share capital required.
- The only public information of the company is: its Constitution, registered office address, registered agent name, and any charges against its assets
- There are no exchange controls in Vanuatu
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