Vanuatu VFSC License

About that Country :

The Vanuatu Financial Services Commission (VFSC) was formally established in December 1993, after the Vanuatu Parliament enacted the Vanuatu Financial Services Commission Act No. 35 of 1993. Previous to this, we were the Registrar of Companies and the Official Receivership Department of the Treasury since 1971 under the then, British Administration and after independence in July 1980, the Ministry of Finance and Economic Management.

Advantage :

This company can offer bank-like services, additionally a permission to provide Forex (FX) and commodity activities

No limitations of clients you can accept

Very low fee to get the permissions granted (2.000,-)

There are no restrictions on public solicitations and web sites being open to the general public

We offer you a full package including an international bank account for your new Vanuatu Financial Company

Taxation :

Zero tax if profits are generated outside Vanuatu.

About that Regulating Body :

In short the main function of the VFSC is to operate an effective and efficient Registry. In addition, it has been tasked to regulate and supervise the non-deposit taking financial services industry of Vanuatu. This function would include promoting the industry overseas and protecting its reputation from undesirable business persons.

Advantage :

The Basic Requirements are :

Certificate of no criminal record to ensure that there are no criminal records about Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners, not older than 3 months;

Declaration of no history of Bankruptcy for Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners, not older than 3 months;

Notarized Copies of passport(s) for all Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners

Original Bank references for Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners; not older than 3 months

Original or Notarized Copies of utility bills Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners, not older than 3 months

Owner’s Resume & /or CV of Authorized Person, Additional Authorized Persons (if any), all Directors/Officers, Shareholders and Beneficial Owners outlining experience in Forex Brokerage Activities and Qualifications warranting issuance of a license.

Confirmation Geographic/target market (U.S.A. & other restricted markets not accepted)

Corporate Services :

Set-Up Fee : Includes all documents so that the company can be fully operational right from the first day of registration.

Documents Included with all Offshore Company Formations :

The Certificate of Incorporation issued by the local registrar.

The Memorandum and Articles of Association.

A company legal address (registered address and where applicable registered agent).

The share certificate(s).

The resolution relating to the nomination of director(s) and the distribution of shares.

A dedicated account manager from Overseas Business Services Ltd. at your service for one year.

Corporate Services :

Annual Fees :  Are applicable from the end of the first year to renew your company’s registration and maintain its good standing.