Vanuatu Company Registration Tax Free

Name: Insurance Bonds
Brand: China Pacific Partners
Rating: 5.0 (10 reviews)

– Worldwide Legal Entity Status –

Enjoy the advantages of establishing a tax-free company in Vanuatu

There are a number of so-called tax-free countries around the world. We use the term ‘so-called’ because ‘tax-free’ implies complete exemption, which is rarely the case. These countries typically generate revenue through transactional taxes like VAT and import duties, etc’.

By and large, tax-free countries are generally free of income tax on profits and earnings. They tend to be smaller nations absent of major industries or abundant resources, leveraging their sovereignty to attract entities not only seeking tax-free status, but also administrative flexibility and a high level of privacy.

Vanuatu exemplifies this model, offering sophisticated corporate structures without directly taxing profits, income, dividends, or capital gains, surpassing jurisdictions like Guernsey and Bermuda, particularly given a lighter regulatory approach that is favourable for enhancing business rather than impeding it.

15 Key Benefits at a glance

Tax Advantages:
Expeditious Registration:
Asset Protection:
Legal Presence in Every Country:
Cost-Effective Incorporation:

Bank Account Facilitiation:
Relaxed Compliance Burdens:
Nominee Directors:
Nominee Shareholders:
Privacy and Confidentiality:

Full Administrative Support:
Fast & Secure Communications:
English and French Spoken:
British Based Laws:
Stable Political Environment:

Our incorporation services:

Our company incorporation services are tailored to meet the unique requirements of each client. Unlike generic “off the shelf” solutions, we prioritise understanding your specific needs to ensure that the proposed company fulfils its intended purposes effectively. While we may not be the most economical formation agent for Vanuatu companies, our commitment to personalised service ensures that your business receives the attention and consideration it deserves.

Note: Every company we incorporate must adhere to our Know Your Customer (KYC) criteria. For International company incorporations, we typically conduct an electronic face-to-face meeting, often via Skype or a similar platform. This allows us to assess the scope and complexity of the intended company’s purpose and structure, ensuring compliance with its objectives. Additionally, we may request documentary information as needed. In the case of local Vanuatu company incorporations, we generally require a personal meeting with the originator or their representative. This is because the proposed business will operate in Vanuatu and may need to comply with Foreign Investments rules. Originators may also require a business license or prefer residency status for greater flexibility.

Legal Compliance

Every company we incorporate undergoes a pre-and-post incorporation legal analysis by a qualified lawyer to ensure compliance with the laws and rules under which, and within it operates. We can also provide high-quality accounting and tax advice relative to the company’s proposed operations, and as to the effect if any on the originator’s own tax affairs. Having the correct legal structure and documentation is pivotal to the successes on any worthwhile venture.

Business licenses and authorisations

Our comprehensive services extend to assisting clients in obtaining any necessary licenses and approvals for various aspects of their company’s operations, both locally and internationally, including for:

For example:

Vanuatu Foreign Investors Approval (VFIA)
Local Company Business License
Insurance license (local or international)
Captive Insurance License
Financial Dealer License
Banking License (local or international)
Interactive Gaming License
Lottery License
Mutual Fund License
Unit Trust Establishment and licensing
Mutual Fund License

Specific business activity approval and licenses

Our comprehensive services extend to assisting clients in obtaining any necessary licenses and approvals for various aspects of their company’s operations, including for:

For example:

Vanuatu Foreign Investors Approval (VFIA)
Local Company Business License
Insurance license (local or international)
Captive Insurance License
Financial Dealer License
Banking License (local or international)
Interactive Gaming License
Lottery License
Mutual Fund License
Unit Trust Establishment and licensing
Mutual Fund License

Estate planning

An insurance bond is a life insurance policy. The death of the life insured (the bond-holder) will trigger the payment of the bond’s full value, either to a nominated beneficiary or to the policy-holder’s estate if no beneficiary is nominated. Such payment may be completely tax-free, irrespective of the bond’s 10-year maturity date.

There are usually no restrictions on who you can nominate as beneficiaries to receive the bond’s tax-paid proceeds.
An insurance bond can also have joint owners and beneficiaries.
It is common practice, in a number of jurisdictions, to deposit holographic wills with an approved notary for safekeeping. At death, the beneficiary(s) can claim the insurance bond’s proceeds or maintain it to maturity.

Investment choice

Insurance bonds will usually offer the bond-holder a choice of investment options across a spectrum of risk variables. Thus, one can essentially tailor one’s own diversified investment portfolio across a range of single or multi-sectors.

For example:

Fixed Interest (Blue Chip)
Mixed Investment (Blue Chip Stocks) International
Currency Trading
Digital & Crypto Assets (i.e, Bitcoin)
Contracts for Difference CFD’s
Physical Commodities (i.e., gold)
Exclusive Mining & Resources Stocks
Exclusive Green Energy Stocks
Emerging Market Stocks (International)

Estate planning

There are usually no restrictions on who you can nominate as beneficiaries to receive the bond’s tax-paid proceeds.
An insurance bond can also have joint owners and beneficiaries.
It is common practice, in a number of jurisdictions, to deposit holographic wills with an approved notary for safekeeping. At death, the beneficiary(s) can claim the insurance bond’s proceeds or maintain it to maturity.

Flexible settlement options

Generally, but always dependent on the particular life company issuing the insurance bond, one can purchase bonds, receive withdrawals, and make distributions, in most major currencies including: USD$, EUR €, JPY ¥ / 円, GBP £, CNY ¥ / 元, AUD A$, CAD C$, CHF, HKD HK$, SGD S$, SEK kr, KRW ₩ / 원, NOK kr, NZD NZ$, INR ₹, MXN $, TWD NT$, ZAR R, BRL R$, DKK kr, PLN zł, THB ฿, ILS ₪, IDR Rp, CZK Kč, AED د.إ, TRY ₺, HUF Ft, CLP$, SAR ﷼, PHP ₱, MYR RM, COL$, RUB ₽.

Importantly, where the bond-holder requests the purchasing currency of a bond be converted to an alternative currency, in which the bond’s value is to be held, there can be negative consequences. For example, such a conversion may incur third-party fees and be subject to rates of exchange disadvantages that may reduce the bond’s underlying monetary value. In further example, converting some currencies to USD$ may, due to US government dictates at any given time, significantly reduce the convertible value of the initial investment; and such converted currency might not be able to be converted back to the original purchasing currency without further devaluing, or at all. There are a range of strategies for dealing with such issues.

Purchasing insurance bonds in Crypto – some life companies will offer to convert Crypto-currency, most commonly Bitcoin, into a monetary denomination of your choice, which shall constitute the bond’s funds, from which investments will be made. Transaction and service fees will depend on the particular Crypto-currency -to- monetary denominatory conversion. The crypto space can be volatile in terms of rapidly varying values, and holding Crypto may produce superior capital growth than an insurance bond.

GENUINE PRIVATE ADVICE YOU CAN RELY ON

China Pacific Partners offers confidential professional advice across a wide range of financial strategies for institutional and private clients living or investing in the Asia Pacific & Oceanic region.

With long-standing local and global affiliations, we can advise on medium and long-term financial strategies from an international perspective, focusing on those core sectors that we know well and understand.

With a combination of digital convenience and human investment expertise, our goal is to increase and protect your assets over the long term. Whatever your financial needs, we never lose sight of your objectives.

Insurance Bonds and Tax Implications – Risks, consequences and other important things to consider: The information provided on this particular webpage is subject to this website’s terms and conditions of use, available at www.charteredpacificpartners.com/website-terms-conditions/. The information on this particular webpage is not intended to provide, and should not be relied on for investment, tax, legal or accounting advice. The information is intended only for general reference. Insurance bonds may not be a legal investment instrument in the jurisdiction from which access to this website is made. Similarly, there may not be any such tax benefits available to tax-residents of some jurisdictions, and there may be civil and/or criminal penalties for purchasing an insurance/investment bond issued from an offshore jurisdiction. In today’s world there are tax implications for whatever we do. Tax laws are constantly evolving, and are constantly becoming more complex. It is therefore essential that you have the requisite assurances that you are paying the correct amounts of tax in respect to any investment decision you make. China Pacific Partners will assist clients obtain the necessary investment, tax, legal and accounting advice to ensure clients purchasing an insurance bond is compliant with the laws of the jurisdiction of which they are resident. Generally speaking, there is no such thing as tax free bonds unless the law allows it.