Investment incentives
What can be better than no personal or company taxes? Nothing, really. No personal or company taxes are levied in Vanuatu, although the tourism industry does impose a hotel and licensed premises tax of 10% of the gross turnover in regard to restaurants, motels and hotels.
If such a business earns over $30,400 or more, a Value Added Tax of 12.5% is imposed on the gross turnover. Even so, a primary incentive for investing in Vanuatu is its tax haven status, which gives businessmen and women around the world relief from income taxes,
estate duties, non-capital gains taxes and corporate taxes.
Vanuatu does not have any double taxation agreements with other countries or a withholding tax. This is especially beneficial and encourages industries on Vanuatu that include fishing, agricultural or marine product processing and of course, tourism.
Vanuatu as a Tax Haven
If you're looking for an excellent place to invest, you couldn't have chosen a much better location than the Republic of Vanuatu. Remember, there are virtually no taxes in Vanuatu, specifically:
• No income tax on company income
• No income tax on employee income
• No capital gains tax
• Freedom to repatriate capital
The only tax levied by the government is the Value Added Tax, which we mentioned earlier, which is basically a tax on consumption. In addition to its tax haven status, Vanuatu also offers highly attractive investment environments, and we speak from personal experience here. The infrastructure is good, there is easy access to financial services, and the Vanuatu Investment Promotion Authority known as VIPA, is enthusiastic in providing professional support to investors.
For more information regarding investment considerations, government policy, repatriation of capital and profits, restrictions on foreign investment or investment protection, contact either the Chief Executive Officer for the Vanuatu Investment Promotion Authority Ministry of Tourism, Trade and Commerce or the Director General Ministry for Trade,Tourism and Business Development.
Chief Executive Officer
Vanuatu Investment Promotion Authority Ministry of Tourism, Trade and Commerce
PMB 011
Port Vila
Vanuatu
Telephone: (678) 24096
Fax: (678) 25216
Director General
Ministry for Trade, Tourism and Business Development
PMB 056
Port Vila
Vanuatu
Telephone: (678) 25675
Fax: (678) 25677
Westpac, ANZ and the French Bred Bank are investor-friendly in Vanuatu.
Banks in Vanuatu offer loans to purchase both residential and commercial properties.
Investing in beautiful beachfront estates offers you an enviable Lifestyle at a fraction of the cost.
What can be better than no personal or company taxes? Nothing, really. No personal or company taxes are levied in Vanuatu, although the tourism industry does impose a hotel and licensed premises tax of 10% of the gross turnover in regard to restaurants, motels and hotels.
If such a business earns over $30,400 or more, a Value Added Tax of 12.5% is imposed on the gross turnover. Even so, a primary incentive for investing in Vanuatu is its tax haven status, which gives businessmen and women around the world relief from income taxes,
estate duties, non-capital gains taxes and corporate taxes.
Vanuatu does not have any double taxation agreements with other countries or a withholding tax. This is especially beneficial and encourages industries on Vanuatu that include fishing, agricultural or marine product processing and of course, tourism.
Vanuatu as a Tax Haven
If you're looking for an excellent place to invest, you couldn't have chosen a much better location than the Republic of Vanuatu. Remember, there are virtually no taxes in Vanuatu, specifically:
• No income tax on company income
• No income tax on employee income
• No capital gains tax
• Freedom to repatriate capital
The only tax levied by the government is the Value Added Tax, which we mentioned earlier, which is basically a tax on consumption. In addition to its tax haven status, Vanuatu also offers highly attractive investment environments, and we speak from personal experience here. The infrastructure is good, there is easy access to financial services, and the Vanuatu Investment Promotion Authority known as VIPA, is enthusiastic in providing professional support to investors.
For more information regarding investment considerations, government policy, repatriation of capital and profits, restrictions on foreign investment or investment protection, contact either the Chief Executive Officer for the Vanuatu Investment Promotion Authority Ministry of Tourism, Trade and Commerce or the Director General Ministry for Trade,Tourism and Business Development.
Chief Executive Officer
Vanuatu Investment Promotion Authority Ministry of Tourism, Trade and Commerce
PMB 011
Port Vila
Vanuatu
Telephone: (678) 24096
Fax: (678) 25216
Director General
Ministry for Trade, Tourism and Business Development
PMB 056
Port Vila
Vanuatu
Telephone: (678) 25675
Fax: (678) 25677
Westpac, ANZ and the French Bred Bank are investor-friendly in Vanuatu.
Banks in Vanuatu offer loans to purchase both residential and commercial properties.
Investing in beautiful beachfront estates offers you an enviable Lifestyle at a fraction of the cost.
