Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1696585992258.pdf (Vanuatu)
BUSINESS LICENSE Therefore your total outstanding fee will be VT36,000.

In the event I lose or misplace my business license, how much would it cost me to get a reprint?

A business license reprint will cost you VT1,500.

What are the requirements for a change in business name?

1.

You need to register the new business 2.

  name with VFSC.
  name with VFSC.

Inform us in writing and attach the fol- lowing documents; Original business license certificate Copy of the new business name certificate  Copy of the approved VIPA certificate (foreign investors only) 3.

The change will cost you VT1,500 and you will be issued a new custom tax (CT) number.

How do I get an additional category in my business?

1.

Submit an application with the appropri- ate documents as referred to in Table 1.1 2.
Foreign investors are required to pro- vide a copy of the VIPA variation ap- proval.

3.

The cost of the additional category will be charged on a pro-rata if the applica- tion is submitted during the year and will be assessed as follows; Category * No.

of months / 12 D2 * 6 / 12 10,000 * 6 / 12 =VT5,000 What are the requirements for trans- fer of ownership?
1..Submit a business license application form with following documents;  The original business license certificate  Letter from previous owner authorizing the transfer of ownership  Sale and Purchase Agreement  Copy of the new VFSC certificate  Depending in the nature of the business, additional documents may be required (Refer to Table 1.1) 2.
Foreign investors are also required to sub- mit the following documents;  VIPA variation approval for existing investors  VIPA approval certificate for new in- vestors 3.

The change will cost VT1,500; if the pre- vious owner agrees to transfer the business license fee to the new owner.

4.If not the fees will be charged as a new business on pro rata basis.

(Refer to Table 1.1) What do I need to do if there is a change in the type business entity?

1.
1.

Submit a business license application form with the following documents;  The original business license certificate  Copy of the new VFSC certificate  Foreign investors are also required to submit VIPA variation approval 3.

The change will cost you VT1,500 Do I need a business license for a new outlet?

1.
1.

Submit a business license application form with the following documents;  Copy of VFSC certificate if a new trade name is used  Depending on the nature of the busi- ness, additional documents may be required (Refer to Table 1.1) 2.

Foreign investors are also required to submit VIPA variation approval 3.

The fee for the new outlet will be charge on a pro-rata if the application is submitted during the year and will be assessed as follows; Category * No.
of months / 12 D2 * 6 / 12 10,000 * 6 / 12 =VT5,000 For further information contact Inland Revenue using the details below: Taxpayer Services Section 2.

The change will cost you VT1,500 and you will be issued a new custom tax (CT) number.

Rue carnot street PMB 9012 Port Vila, Vanuatu What do I need to do if there is a change in the business location and how much would it cost?

1.
1.

For a change in the business location, you need to;   Surrender the original business license Inform us in writing certificate 2.
Foreign investors are also required to sub- mit VIPA variation approval Phone: +678 24969 , 33091 , Voip:2317 Email: irtps@vanuatu.gov.vu Web: http:// customsinlandrevenue.gov.vu Rue Higginson street, Luganville, Santo, Phone: 33760/36306 Lenakel, Tanna Phone: 88059 Information for New and Existing business license holders Do I need a license to establish a busi- ness in Vanuatu?
Any individual(s) or company that intends to carry out any business activity for the sole purpose of making profit must obtain a busi- ness license (BL).

Business license is admin- istered under the Business License Act No.19 of 1998.

How do I obtain a Business License?

1.

Complete a business license application form with the following documents;  A Business Name (Trade Name) Certificate or a Certificate of In- corporation (Limited Company) from Vanuatu Financial Service Commission (VFSC).
It is not re- quired if you intend to tr ade under your name.

 Depending on your business na- ture, you may be asked to submit additional documents if required (Refer to Table 1.1)  Application forms are available at the Taxpayer Services Office in Port Vila, Luganville and Lenakel or it can be accessed from the website: https:// customsinlandrevenue.gov.vu 2.

Foreign investors are also required to sub- mit Vanuatu Investment Promotion Authori- ty (VIPA) Approval Certificate.
Table 1.1 categories that require addi- tional documents Category Business Activity Required Doc- uments Category D3 - Hotels - Motels - Restaurants - Cafes - Bars - Other Ac- commodation services - Copy of De- partment (DOT) permit for tourism related activi- ties.
- Municipal permit for food and drink related services Category E1 (a) - Airport Transport Operators - Valid Avia- tion Certifi- cates - The following can be obtained from the De- partment of Ports & Har- bor: - Certificate of Registry - Manning safety Certifi- cate - Sea Worthy Certificate - Copies of updated munic- ipal permit books for transport pro- viders - Copy of DOT permit for tour- ism providers and tourism products and services - Approval for unconditional admission as a legal practi- tioner from Law Council.
This applies for new appli- cations only - Health Practi- tioners Board Certificate from Ministry of Health Category E1 (b) - Sea Transport Operators Category E3 - Tourism Transporta- tion - Products & Services Category F4 - Other Pro- fessional and Business services - Legal Practitioners Category G1 - Human & Animal Health ser- vices - All Human health prac- titioners that fall under this category Category G2© (Refer to page 7 of Business Li- cense appli- cation form) Educational services - Kinder Garden School - Account teacher & Language Tuition - Schools and Institu- tions con- ducted for profit - Certificate from Ministry of Education- Kinder-Garden -Secondary school - Certificate from Vanuatu Qualifications Authority (VQA) - Ter- tiary Level What do I need to renew my business license?
1.

Completed business license application form.

2.

Attach the following documents  A valid copy of VIPA Certificate for foreign investors only  A valid Business Name (Trade Name) Certificate that can be obtained from Vanuatu Financial Service Commission (VFSC).

But this is optional; if you wish to trade under your name then the busi- ness trading name certificate is not re- quired.

3.

Depending on your business nature, you may be asked to submit additional docu- ments if required.
How much does a new business license cost?

1.

A basic fee of VT10,000 is charged on each business activity under each category except for activities under categories J,K and L. 2.

The same fee will also apply for each lo- cation 3.

Fees will be charged on a pro-rata basis for applications that are lodged during the year.

4.

For example, if you lodge a new business license application in the month of June.

BL = Category fee * Remaining No.


of Months / 12 = D2 * 6 / 12 =10,000 * 6 / 12 = VT5,000 How much does it cost to renew a business license?

1.

For renewals, business license fees are charged according to the previous years gross turnover.

2.

If there is more than one category being renewed, the business license fees will be charged on the turnover of each category For example, if you operate a business with two categories—C (Construction) & D2 (Retail shop) and your total turnover is VT6 Million.
Your BL fees will be charged as follows;  Separate the total income—C (VT 1Mil- lion) & D2 (VT5Million)  C—VT10,000 + D2—-VT20,000 = VT30,000  Refer to fee schedule on page 8 of the application form for turnover and corre- sponding fees.

Turnover: VT0—VT3,999,999 = VT10,000 VT4,000,000—VT9,999,999 = VT20,000 3.

Where a new category is added during renewal, a basic fee of VT10,000 will be charged.

Are there any penalty fees for late business license renewals?

1.
1.

A penalty fee of 10% will be charged every month on the principal fee.

Eg.

If your principle BL fee is VT30,000 and you're late by 2 months, the penalty will be 30,000 * 20%(for two months) = VT6,000