Taxes Vanuatu
Vanuatu is a small island nation located in the Pacific Ocean. It is also called “untouched paradise”. The country of 307 people has the most attractive tax system in the world.
The payment conditions here are the same for both residents and non-residents. Companies registered in this paradise country only need to pay an annual fee of $300. It must be paid by June 30.
In Vanuatu you can not only register a company, but also buy a ready-made one. The fee will be 0%. Vanuatu tax system attracts a lot of businessmen from Europe and the CIS, despite the fact that the country is located on the other side of the world. International entrepreneurs come here. After all, the state allows you to earn good money.
Register a company in Vanuatu quite simple, but if a businessman does not know the specifics of taxation, then he may encounter some difficulties.
The E-COMMERCE BROKER company will help you resolve all issues related to registering a company on the most favorable terms for you. Our specialists will take care of issues related to registering a business in the chosen jurisdiction.
Features of taxation in Vanuatu
Businessmen can store and move their own funds on the island state in any of the existing currencies. Keeping records by business owners is encouraged, but filing a report with the competent authorities is not required.
In Vanuatu, authorities restrict public access to information about the finances of registered companies. They can open it only in special cases, for example, if a businessman is suspected of conducting illegal transactions. Vanuatu tax system looks like that:
- for company registration VAT is 12,5%;
- real estate transactions – 5%;
- stamp duty – 2%;
- personal income tax – 0%.
There is no double taxation in the country. There is information that income tax will be introduced in the near future. There are no wealth taxes, gifts, capital gains duty or other personal income taxes.
There are no fees for inheritance or even for the export of capital. The country's banking system guarantees the confidentiality of financial information. The Vanuatu authorities do not apply unnecessary pressure, which is applied in some countries to offshore zones.
What assistance does the E-COMMERCE BROKER Company provide?
E-COMMERCE BROKER experts know everything about tax system in Vanuatu. We will resolve any issues related to registration of commercial activities on the island state. The package of services we provide includes the following:
- assistance in registration and registration of a company;
- opening a financial account in a bank;
- accounting services;
- selection, hiring of personnel and much more.
In the remote island state there are excellent prospects for successful business development. Many international entrepreneurs claim that tax and fee system in Vanuatu the best in the world. By concluding an agreement with us, you will receive full support for your business. We have been working for many years, and our specialists have extensive experience behind them.
Contact us, we will be happy to share valuable information regarding many areas for business development in Vanuatu. The advantage of this state is the fact that there are practically no fees here, unlike European countries. We will help you achieve maximum success in business in the shortest possible time!
