PACIFIC PARTNERS LAWYERS
International Companies
International Companies (IC) allow for owners of assets (property shares, cash, intellectual property etc.) to hold these with the knowledge they are protected. Alternatively the IC may trade in other countries, however it will not pay any tax in Vanuatu due to it being “tax free”.
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KEY REQUIREMENTS. It Must:
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Have a registered office in Vanuatu.
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Have a registered agent in Vanuatu.
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Have a “constitution”.
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Have a minimum of 1 Director and shareholder. This can be a “natural” person or other company. This can be the same “person”.
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Have file details of the Incorporator, mortgages and charges.
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Keep a record of what assets it owns in Vanuatu.
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Pay annual fees.
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Not operate a business in Vanuatu.
BENEFITS (SUBJECT TO LAW)
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Can own assets.
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Can act as a corporate trustee for a trust.
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Can operate a business in other countries.
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If you would like to create a new international company, or want to know more please contact us.