Vanuatu Republic, proclaimed as independent on July 30th 1980, is composed by 80 islands located in the South West Pacific Ocean, not so far from Australia and Fiji Islands. The territory, mainly of volcanic origin, extends on 14,800km² with a climate changing from tropical to subtropical. Port-Vila and Efate Island is the capital of the whole Republic, populated of 175,000 inhabitants whom official language is Bislama (local tongue), French and English considered as the business tongue.

Offshore world in Vanuatu

Economy has always been focused on agriculture with almost 80% of the population working in that branch. In 1971, the Offshore and Financial Services Centre was created and thus gave a big impulse to the local economy. Because of the huge coming of foreign funds, many employments have been created in banking and jurisdictional branch, with an unbelievable development of the infrastructures in that sector. Taxes are very low and all the currencies are accepted and exchangeable. As many new tax heaven, Vanuatu Republic offers a huge range of tax advantages to foreign companies and accounts.

Why an offshore bank account in Vanuatu ?

Local tax system is very accommodating and welcoming with foreign accounts bringing new funds, really useful to local economy development. More, Vanuatu Republic has not signed any double tax agreement, that’s to say your account will only be taxable according to the local fiscal law, which is very interesting. Local banks truly respect their foreign client’s confidentiality and don’t have to give information about your account to your home country tax administration. There, you can be sure to fully enjoy your financial patrimony.

Your account in Vanuatu with FBS Banking.

Since the Republic has known a huge growth for the last couple of years because of the growing offshore sector, FBS Banking has decided to take part in this activity and is now able to introduce you to one the most reliable bank worldwide. We benefit from a strong partnership and so can assure you a high quality relationship with your banker. We take care of the whole administrative procedure and help you managing and protecting your account and anonymity with our complete range of services.