What is a Vanuatu VFSC licence

The Vanuatu Financial Services Commission (VFSC) is the local financial regulator of Vanuatu and is responsible for the regulation and supervision of investment and business activities in the country. The agency is also responsible for company registration, charity registration, trade union registration and so on. In addition, the VFSC is tasked with developing the country's financial sector. In addition to continuously upgrading the facilities of the country's financial centre, the VFSC is also continuously upgrading its own regulatory standards and regulations to ensure the credibility of Vanuatu's financial services.

The Vanuatu Financial license supports a wide range of transaction services such as: money transfer business, payment business, foreign exchange trading, commodities, securities trading, financial advisory and more. Vanuatu's political and economic interests in China are actively protected and supported by the Chinese government, which is very suitable for Chinese brokerages.

The advantages of a Vanuatu licence

1. Vanuatu is fully open economically. There is no income tax or capital gains tax, no restrictions on the flow of funds in and out, and no transaction control;

2, the establishment of a company, the cost of applying for a license is not high, and the future maintenance cost is low;

(3) Companies of overseas businessmen are protected by local law;

4, the application time is fast, generally 2-3 months;

5, won the trust and recognition of global brokers in many countries;

6. Develop multinational business and provide services for global customers;

7. The confidentiality of company registration information and documents is high

Vanuatu licence application requirements

1, have a physical office in Vanuatu, the office needs to have: functioning system; Management and accounting systems; Business continuity systems; Software systems and servers;

2, the financial licensee and executives or shareholders reside in Vanuatu for 6 months per year

Information required for Vanuatu licence application

1. Passports and notarized documents of shareholders and directors;

2, shareholders and directors within two months of electricity and gas bills notarized documents;

3. Notarized certificate of no criminal record of shareholders and directors;

4. Personal resume of shareholders and directors;

5, the company's 3-5 years business plan;

6. Other information

Note: If the company provides services within 6 months of obtaining a financial licence, the licence will be revoked.

In recent years, Vanuatu has gained the favor of most traders with advantages such as tax incentives, relatively low fees, and short application time, and currently well-known economic firms such as Hantec Markets Limited, Doo Prime, EightCap, etc., all hold Vanuatu trading licenses.