Vanuatu

Basic taxes (briefly)

Personal tax
Corporate tax (in detail)
Capital gains tax. Details
VAT. Details
Other taxes
Government fee
Stamp duty

International tax agreement

   


Show all entries Hide all entries

TAXES

Taxation Policy

Since the events of the late 90s and early 2000, Vanuatu began the process of moving away from being a tax haven to being an international finance centre. Tax legislations are and continually being written with this goal in mind.

Personal Taxes

Vanuatu law makes no distinction between the foreign employees and resident employees of resident or non-resident operations. In Vanuatu there are no taxes affecting individuals other than import duties (at varying rates), VAT at 12.5% (2012), a tax on rental income over VT200,000 in a 6-month period of 12.5%, and stamp duty on some property transactions, share transfers and some other transactions at rates of up to 1% (minimum VT2,500).

Exemptions of companies from certain taxes, duties and exchange control restrictions

Any company unless carrying on business in Vanuatu and its shareholders is exempted from any tax on income, profits, capital gains, distributions accruing to or derived by or from such company
Offshore companies are not subject to inheritance, succession or gift tax, rate, duty, levy or other charge payable in Vanuatu with respect to any shares, debt obligations or other securities.
In the following cases an offshore company must be exempt from the payment of stamp duty:
  • all transfers of property other than real property situate in Vanuatu;
  • all transactions and declarations in respect of the shares, debt obligations or other securities of a company; and
  • all other transactions relating to the business of a company.

As it is provided for by Vanuatu law, no exchange controls must be applied to any international company nor to any transactions relating to the securities of or in such company between the holders of such securities.
The exemptions are granted to any international company for a period of twenty years from the date of its registration.

Double Tax Treaties and Tax Information Exchange Agreements

1 DTCs:Sweden.
13 TIEAs: Australia, Denmark, Faroe Islands, Finland, France, Greenland, Grenada, Iceland, Ireland, Korea (Republic of), New Zealand, Norway, San Marino.

    Taxes of Vanuatu

    Min. rate for corporate tax
    Capital gains tax
    VAT
    Withholding tax
    Exchange control
    RU EN