Vital statistics:

Cell captive structures licensed in domicile (PCC, ICC, SAC etc):

PCC

Date cell captive legislation was passed:

30/12/2005

Total number of cell companies:

1

Total number of individual active cells:

7

Capitalisation requirements:

Min. USD 100,000 (General Insurance classes), Min. USD 250,000 (Life & Long Term)

Licensing Fees:

on application

Tax regime for cell companies/cells:

- No direct taxation (no income tax, capital gains tax, tax on wealth, estate duty or inheritance tax. - Only have Indirect tax (Import & Export duties, Harbour and Airport duties, Business License, VAT of 12.5 (not applicable to offshore transactions), Stamp duty

Regulatory contact name:

Joshua Tari, Head of Supervision

Regulatory contact details:

# Vanuatu Financial Services Commission, PMB 9023, Port Vila, Vanuatu. # Tele. (678) 22247 # Fax (678) 22242 # Email: jostari@vfsc.com.vu

PCCs in Vanuatu:

View manager contact details