Offshore
Company Formation
Port Vila
(the capital of Vanuatu) is more than a jurisdiction of convenience.
Since 1970, when the Offshore Finance Center was established,
genuine in-depth English and French financial, investment, banking,
accounting and legal expertise has been developed in Vanuatu.
Having been in existence for over 30 years, the Vanuatu Finance
Center has the advantage of being better established than its
Pacific competitors.
If you are
looking to obtain an offshore company in a sound commercial jurisdiction,
but at a very competitive price, Vanuatu is the country for you.
Vanuatu is
one of the easiest countries in which to obtain an offshore company.
There are strong confidentiality laws but it also has strict laws
against money laundering. People with dirty money (drug proceeds,
organized crime etc.) avoid Vanuatu. If any funds are suspected
as being proceeds of crime, the assets may be frozen and, if proven,
the money is forfeited. Vanuatu has a clean reputation because
of its rules and has had no major scandal.
There is no
requirement to lodge returns to the government for Vanuatu offshore
companies, so details of directors and shareholders do not become
public knowledge, however, a register of Members (Shareholders)
must be kept at the registered office in Vanuatu.
The Offshore
Finance Center is controlled by the Vanuatu Financial Services
Commission which is comprised of a broad range of professionals,
most of whom are members of the Vanuatu Finance Center Association.
Atlas Corporation
is a Vanuatu-based company that offers company formation services.
Copyright
© 2000, Pacific Technology Corp This page last updated 15-Jun-2000