About the country

Favoring the business time zone in Asia Pacific region, Vanuatu is a benchmark finance centre in Pacific. Vanuatu takes only 2 to 4 weeks to process in the application of principal’s license therefore it is very easy to apply for one. The application of Forex license in Vanuatu is also simple and it also takes around 2 to 4 weeks.

Advantages of incorporating a Company in Vanuatu:

  • Your Vanuatu Company’s official name can be in any language with second name translated to French or English and the additional Limited (LTD), Corporation (Corp), Incorporated (Inc.) etc.
  • The offshore capital of companies which is registered in Vanuatu can be in any currency and of any denomination. There is no minimum or maximum amount of share capital required.
  • Vanuatu companies must have a minimum of one director and one shareholder but their names are not made public.
  • The point in time it takes for Vanuatu offshore company incorporation is only 2-3 business days, with the corporation documents shipped within an additional 5 business days.
  • Quick procedure of regulation as compared to other countries.
  • No estate or death duties.
  • No physical office or employees required.

About Licensing Body

Under the Act, Two Licenses are at present made available: (a) Principal's License and (b) Representative's License. Both Licenses are being approved by the Vanuatu Financial Services Commission (VFSC) under the Vanuatu Ministry of Finance backing. Mainly, the Act consists of two functions that is (a) firstly to regulate the issuance of the license of Securities Dealer and (b) secondly to impose penalties for physical persons or bodies’ corporate dealing in securities without a permission, or fraudulently inducing other parties for investing money into securities.

Our Process for Vanuatu Forex Company Formation

  • Assemble and prepare all the documents, including those of due diligence.
  • Submit the application to the FSC, Vanuatu. Negotiations with the regulator, completion of ad-hoc tasks.
  • Prepare AML procedures and tailored business plan.
  • Submission of the report to the VFSC.
  • Opening of company’s bank account with the minimum paid up capital requirements that include the preparation and submission of all the bank forms, corporate documents and due diligence documents.
  • Ad-hoc support and stipulation of minor documents is required throughout the procedure.
  • Deposit of funds into a bank account to fulfill the capital requirement as arranged by the regulatory body.

Documents Required

From the Client
  • A reference letter for Lawyer.
  • The copy of educational degree certificate in English.
  • Utility bill from last 3 months notarized in English - 3 copies with original.
  • A passport copy notarized in English - 3 copies
  • Director/Shareholder's reference letter from the bank
  • CV of Director/Shareholder's
Related to the process
  • Application form of VFSC, Vanuatu
  • AML/CFT Declaration
  • AML Procedures
  • Bank Application Forms
  • Financial Forecast of 3 years
  • Balance Sheet with Forecast description
  • Business Plan
  • Statutory Declarations
Exclusions
  • trademark applications, IP Agreements and Domain Name Registration.
  • website preparation as well as the review of any other marketing material.
  • Assistance regarding the purchase and negotiations for MT4 server & any other trading platform
  • Assessment, reviewing or testing of the entity’s projected trading platform
  • Assisting with the implementation of Know Your Customer (“KYC”) processes or other compliance procedures.