Vanuatu is a fabulous place for starting forex brokerage business due to its low capital demands and type of tax benefits.

Incorporation & receiving a license: within 30 days

Minimum paid-up capital: No least capital requirement.  Rather, government bond of approx. Pound 39,000 is utilized.

License form charge: 180 Pound+VAT

License renewal: Pound 140+VAT that is about USD 200+VAT

Representative’s license: Pound 70+VAT that is about USD 100+VAT


Vanuatu, formally the Republic of Vanuatu is an archipelago in the South Pacific Ocean, east of Australia west of Fiji and North of New Zealand, holding a chain of 13 principals and many smaller islands.

To get a license it is required to establish a company. This method is comparatively fast.

Vanuatu offers a high level of confidentiality for beneficiary partners, stockholders, and officers. Moreover, the business is spared from capital gains, tax on earnings and stamp duty after incorporation for 20 years.

Financial services in Vanuatu are controlled by Vanuatu Financial Services Commission (VFSC). Vanuatu is an exceptional location for forex brokers with a limited amount of supplies because capital (or bond) demands are relatively small.

Application for a Principal’s license or a Representative’s license is not stiff and primarily needs to produce a set of fundamental information for the candidate. Furthermore, it needs to confirm and to present information of past or existing projects associated with financial services and supplementary information concerning any adverse experience or records linked to the candidate. It enables to hold the appellant responsible in case of any submitted inaccurate information or for actions that will be made and overall, it regulates the issuance of Vanuatu forex license.

The forex brokerage license can be acquired based on Dealer’s in Securities (Licensing) Act [CAP 70] by natural or juridical persons. Furthermore, the customers can profit from this license since it authorizes the holder to manage the collection of investments and to work with securities (sell and buy) for the client or even on his behalf.

The legal statutes of Vanuatu provide a broad meaning of Securities, hence enabling to operate with:

  • shares in the share capital of a company; or
  • an instrument that produces and recognizes the indebt securities that is published by a company or a public office including:
  • debentures; or
  • debenture property; or
  • loan stock; or
  • bonds; or
  • certifications of deposit; or
  • a right, despite whether or not given by warrant, to subscribe for shares or debt securities; or
  • a right under a depositary receipt; or
  • an opportunity to obtain or dispose of any security dropping within any other provision of this Act; or
  • a right under a treaty for the procurement or disposal of the related securities under which the delivery is to be executed at a future date and at a price accepted when the contract is made in accordance with the terms of that agreement; or
  • the interests of Foreign Exchange or FOREX; or
  • the profits of precious metals; or
  • the interests of commodities.
Notable features

General information

Company structure

  • At least 1 shareholder needed. Who can also be a legal person, no nationality restriction or residency restrictions.
  • At least 1 director needed. Who can also be a legal person, no nationality or residency restrictions.
  • AML Officer
  • Alternative AML officer


  • Beneficial owners’ details – Not part of a public record
  • Shareholders’ details – Not part of a public record
  • Directors’ details –Not part of a public record


  • 0% – For 20 years Vanuatu Forex brokerage businesses are excluded from the Vanuatu local taxes on income acquired outside of Vanuatu

Other benefits

There is no statutory obligation for Annual General Meetings to be carried. Directors and Shareholders can vote by Proxy. Meetings can be accommodated anyway in the world, therefore, do not have to be in Vanuatu. If taken place outside Vanuatu, the meeting can be done through telephone or other means.

Accounting requirements – Audit is expected to be recorded with the authorities at least one-month prior to an anniversary day of the permit. Each quarter the organization will have to present a basic business overview of the industry to the VFSC in a free form.

Registered Agent – Needed

Registered office – Not Needed

Local employees – Not Needed

Company name

Language: Any

Letters: Any

  • Company name need end with such suffixes or their acronyms: Limited, Incorporated, Corporation, Gesellschaft mit beschrankter HaftungSociedad Anonima, Sendirian Berhad, Societe Anonyme, Societe a Responsabilite Limitee, Besloten Vennootschap. A foreign Company may use a broad range of globally accepted abbreviated words as suffixes to indicate their limited liability
  • Names Claiming Consent or a Licence: Bank, buildings society, fund management, insurance, reinsurance,   assurance, investment fund, trust, trustees, finance


  • Restricted links for company name: name of the state, national or local government
  • Any name that indicates criminal activity or indicates royal or government support is limited
  • The registrar may refuse any name which it deems objectionable or contrary to the public benefit
  • The organization name is restricted to be alike or similar that of an existing business
  • In the case when a foreign language is employed for a business name the translation must be presented to Registrar which will assure conformity to above-listed limitations

In order to receive a license, the subsequent steps will be taken out:

  • Registration of a Vanuatu company
  • Development of all required records for VFSC and submission of the papers
  • Drafting of Anti-money laundering systems and Business Plan for the Corporation
  • Finalizing the actions with the VFSC for the receipt of the license
  • Bank Account opening

For bank

  • For each beneficial partner, stockholder, administrator, authorized signatory, and secretary:
  • A notarized photocopy of original passport
  • A copy of proof of residential address
  • A notarized photocopy of Letter of Recommendation form Bank, Lawyer or Accountant

For local regulatory authority

For each beneficial partner, stockholder, administrator, authorized signatory, and secretary:

  • CV
  • A notarized proof of a valid passport
  • 2nd ID for stockholder/ director
  • Criminal record of no crime
  • A copy of proof of residential address
  • Professional letter/bank recommendation
  • Current Bank Statement showing 50 000 USD on the record
  • Copies of Diplomas of a Higher Education

All documentation shall be provided in English*

* If records are not in English, then they must be brought by a notarized translation.