Dealing in Securities is regulated in Vanuatu by the Vanuatu Dealers in Securities (Licensing) Act [Cap 70 of the laws of Vanuatu]. Licences are granted by the Minister of Finance upon application to the Vanuatu Financial Services Commission (VFSC). Vanuatu is favoured for its low capital requirements, making it perfect for start-ups.
Key Features
A Vanuatu Securities Dealer License allows for the conduct of the following business activities:
- Option to sell your share certificates, debentures, loan stocks, certificates issuing, deposit taking, bonds and loans;
- a right to subscribe for shares or debt securities;
- proceeds of foreign exchange or forex;
- proceeds of precious metals and commodities; and
- trading on managed accounts.
The definition of “dealing in securities” includes a requirement of an intention to make a profit. As a result, foreign exchange transactions that are intended for profit fall within this scope.
Legal Requirements
|
Requirements |
Description |
|
General |
|
|
Vanuatu International Company |
|
· License application fee |
USD 190 |
|
· Annual license fee |
USD 200 |
|
· Representative license fee |
USD 100 |
|
No |
|
Share capital or equivalent |
|
|
USD 2,000 |
|
Directors |
|
|
1 |
|
Yes |
|
No |
|
Shareholders |
|
|
1 |
|
Yes |
|
No |
|
Company secretary |
|
|
Yes |
Tax Treatment
Vanuatu has no income tax, capital gains tax, tax on wealth, estate duty or inheritance tax.
Duration to Set Up
About 4 weeks
Distinctive Benefits of Licence
- Ease and speed of establishment
- Friendly regulatory environment
- Low capital requirements
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers