Vanuatu Offshore Financial Services

 

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

 
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