Vanuatu Company Formation: Step-by-Step Guide for Entrepreneurs 

• Begin the Vanuatu company formation process with Tetra Consultants. Located between Australia and New Zealand, the country has eighty islands in the South Pacific Ocean. Established in 1971, Vanuatu has become a popular place for offshore financial products, with the International Companies Act 1993 cementing its position. 

• Vanuatu operates under English Common Law, which gives it a stable economic and political environment. Being a signatory to various international treaties and organizations, it adheres to the OECD and FATF financial standards. Tetra Consultants helps in the Vanuatu company registration, aligning with global business interests and providing a conducive environment for international trade and operations. 

Steps for Vanuatu company formation 

Step 1: Select the company structure 

• First of all, there are different kinds of companies in Vanuatu registration. Among the options include limited company, international company, sole trader, partnership, and a branch of a foreign company. This determines which subsequent procedures in the process will be required in the actual registration. Tetra Consultants can advise you on the most appropriate structure for your business. 

Step 2: Select the company name 

• The selection of a unique and acceptable company name is very crucial. This entails following guidelines put in place by the Vanuatu Financial Services Commission (VFSC). Tetra Consultants offer name reservation services, assisting in the selection and reservation of a suitable company name that meets regulatory requirements and ensures smooth registration. 

• Additionally, we also provide international trademark registration which can help you with protection of your company name globally. 

Step 3: Meet pre-requirements  

• To register a company in Vanuatu, the following pre-requirements must be met. It is to be noted that pre-requirements may vary according to the type of business structure and the activity. Below mentioned is the requirement for the exempted companies which are as follows:  

• Exempted companies, being limited liability entities, must include “Limited” or its abbreviation in their name. 

• The company should show its exclusive operation for international purposes, which means it cannot engage in any domestic activities, such as selling shares in Vanuatu. 

• At least one director, which can be a natural person or a corporate entity and can be a non-resident. 

• At least one shareholder, which can be an individual or a corporation and can be a non-resident. 

• There is no need to have a company secretary in an exempted company.  

• The company must have a local registered office address in the country of Vanuatu.  

• An exempted company has no minimum share capital requirement. 

Step 4: Preparation of documents 

• Tetra Consultants help in drawing and preparing the necessary documentation required for the chosen company form. It includes preparing the Article of Association, filling up the company registration application form, and other required documentation forms. 

• Our legal team provides documentation preparation and drafting of required legal documents, thereby making it possible to do a hassle-free company registration for our clients in Vanuatu. 

Step 5: Register the company 

• Once that is done, Tetra Consultants will continue to process Vanuatu company registration by submitting the application to the Vanuatu Financial Services Commission (VFSC). Our staff will take care of the payments for the applicable registration fees as determined by the type of your company, hence making the process smooth and streamlined according to your needs. 

Step 6: Register for taxes 

• Furthermore, Tetra Consultants will help register your company for taxes with the Vanuatu Revenue Management Division. We help you register at the local Tax Office or online. We also manage accounting and tax obligations by ensuring that the necessary returns and taxes are filed on time by the relevant authority, thereby complying with the requirements of the regulations. 

Step 7: Obtain required permits and licenses 

• Any supplementary permits or licenses needed to further operate your business can be attained through the wide-ranging services at Tetra Consultants. Business License and trade permit acquisition experts handle your request because we believe your needs matter the most. Lastly, our assistance in securing financial licenses from off-shore licensing authorities makes the operation of any business ventures easier and safer with Vanuatu. 

Step 8: Corporate bank account opening 

• Once Tetra Consultants finalizes the registration and licensing, we proceed with the process of opening a bank account. Corporate bank account opening services are provided by our experts, which involves setting up accounts at local or international banks according to the needs of the clients. As a result, we assure that the corporate bank account is opened within 4 weeks after incorporation, which ensures smooth financial management for your business in Vanuatu. 

Step 9: Register as an employer with the Vanuatu National Provident Fund (VNPF) 

• Finally, Tetra Consultants will comply with Vanuatu’s employment law. We provide for easy registration of employers under the National Provident Fund (VNPF). This ensures compliance in a timely manner within 7 days following incorporation of a business or on employment of the first employee. We take the complexity out so that you may concentrate on your business while ensuring proper and on time contribution directly to the National Provident Fund. 

Conclusion 

• Vanuatu company formation with Tetra Consultants is made easy and seamless, ensuring total compliance with the local regulations. Our experience gives you an incorporation hassle-free service, from documentation to legal formalities, bank account opening, and ongoing compliance requirements. Tax advantages and a strong confidentiality law make Vanuatu a friendly business environment that attracts international entrepreneurs. With Tetra Consultants as your partner, you will be working with a trusted advisor dedicated to transparency and efficiency. 

• Contact us to know more about Vanuatu company formation and our team will revert back in 24 hours.