Vanuatu is one of the major offshore financial services leaders. It is an island nation located to the East of Australia and North of New Zealand; Vanuatu is determined to preserve the economic growth and stability which makes it an excellent choice for business for clients. Vanuatu is a tax haven, where financial services are an important part of the economy.
The Vanuatu Financial Services Commission is responsible for the regulation and supervision of investment business and trust and company service providers. In the frame of the Vanuatu financial services industry development, laws have been updated and international standards and best practices have been adopted.
Vanuatu International Company is the most commonly used offshore entity known for its flexible corporate structure, exemption from all taxes and stamp duty and a high level of confidentiality. Many international ship-management companies choose to flag their ships under the Vanuatu flag, because of the tax benefits and favourable labour laws.