Introduction to vanuatu financial licence (VFSC)

Vanuatu financial license, namely the business license of financial institutions, is the official document approving financial institutions to conduct business.The licence is issued and regulated by the Vanuatu Financial Services Commission (VFSC).VFSC financial license has become a new trend of global foreign exchange industry regulation.At present, as one of the few developed areas of offshore finance in the world, vanuatu's financial industry is greatly supported by the government.

Vanuatu financial licenses support a variety of trading services, such as remittance, payments, foreign exchange trading, commodities, securities trading, financial consulting, and more.It is particularly suitable for Chinese brokers because vanuatu's political and economic interests in China are actively protected and supported by the Chinese government.

Vanuatu financial license application requirements

Vanuatu local companies;No income tax or capital gains tax;3. Top brokers trust VFSC;4. VFSC financial license has been recognized by many top economic firms in the world;Opening international bank accounts for cross-border transactions;Having laws to protect customers is more trusted;Timely receipt and payment without arrears;The area under the licence strictly supervises the safety of transactions;Regulated brokers are trustworthy and reliable

Vanuatu financial license benefits

Vanuatu is fully open to the outside world. It has no income tax, no restrictions on the flow of capital in and out of the country, and no foreign exchange control.There are the following advantages to applying for a vanuatu financial licence:

1. Quick application within 2-3 months;

The application for vanuatu financial license is highly confidential, and the capital and assets can be effectively protected.It is cheap to set up a company and apply for a license. Tax policy can be used reasonably and it is easy to manage a company.In addition, after setting up an enterprise in vanuatu, it will be convenient for investment and financing, which is the first step for the overseas listing of the enterprise.Conducive to the development of transnational business, enhance corporate image, enhance political status.

Documents required for application of license

1. Notarized passport of shareholders

2. Notarized utility bill of shareholders within two months

3. Notarized certificate of no criminal record of shareholders

4. Business plan of the company within 3-5 years

5. Other relevant materials

Vanuatu (VFSC) financial license with the advantage of low cost and fast registration, many financial trading institutions favor the regulatory license.However, the parliament of vanuatu recently passed the securities dealers (licensing) act, which requires a 25-fold increase in the margin, from the original 200,000 VT (about $1,815) to 5 million VT (about $45,000).

Vanuatu (old name new Hebrides) may not like other Pacific island countries, is famous as a tropical paradise, but its for enterprises of all kinds of services, especially for the financial sector more preferential, vanuatu offers a variety of preferential represented, for example, has no income tax, capital gains tax, inheritance tax, etc., is a paradise for many enterprises development.

Vanuatu (old name new Hebrides) may not like other Pacific island countries, is famous as a tropical paradise, but its for enterprises of all kinds of services, especially for the financial sector more preferential, vanuatu offers a variety of preferential represented, for example, has no income tax, capital gains tax, inheritance tax, etc., is a paradise for many enterprises development.