Professional Documents
Culture Documents
№1015
5
Financial Services Authority License
Documents checklist:
1. Notarized copy of passport
2. Proof of Residence (Utility bill)
Special requirements:
1. At least 1 directors (can be provided by “B2B Hub”)
2. At least 1 shareholder (can be provided by “B2B Hub”)
3. Local legal address (can be provided by “B2B Hub”)
4. A physical office (can be provided by “B2B Hub”)
First stage Second stage Third stage Final stage
Monthly operational fee $2,200.00 (Pay 12 months in advance and get 10% off)
Payment options Bank wire (USD,GBP,EUR,CHF), USDT ERC 20, USDT TRC 20,, Cash
Brakedown
Business plan
Legal entity
Opening an account
Document preparation (Translation if necessary)
Application fee $37,000.00
Policy processing
Networking with RFB
RFB fees
The regulator charge fees for the application.
6. Tax Navigator
7. Stamp
Demystifying Taxation in Fiji: A Comprehensive
Overview for Businesses and Individuals
Fiji, with its picturesque landscapes and vibrant culture, is not only a popular tourist
destination but also an attractive place for businesses and individuals seeking
investment opportunities. To make the most of these opportunities, it is essential to
have a clear understanding of the taxation system in Fiji. In this article, we will
provide a comprehensive overview of taxation in Fiji, shedding light on key aspects
that businesses and individuals should be aware of.
Corporate Tax:
For companies operating in Fiji, the corporate tax rate is 20%. However, certain
sectors such as tourism and manufacturing may enjoy lower tax rates as part of
government incentives to promote investment and economic growth. It is important
for businesses to engage with tax advisors or accountants to ensure compliance with
tax laws and take advantage of any available tax incentives.
Individual Tax:
Individuals in Fiji are subject to personal income tax on their worldwide income. The
tax rates for individuals are progressive, ranging from 7% to 20%, depending on
income brackets. There are also tax-free thresholds and various deductions available
to individuals to reduce their tax liabilities. It is crucial for individuals to keep
accurate records of their income and expenses to facilitate accurate tax reporting.
Documents checklist:
1. Notarized copy of Passport
2. Proof of Residence
3. Bank statement
Monthly operational fee $4,300.00 (Pay 12 months in advance and get 10% off)
Payment options Bank wire, USDT ERC 20, USDT TRC 20, Cash
Brakedown
Business plan
Legal entity
Legal address
Opening an account
Application fee Document preparation (Translation if necessary) $40,000.00
Policy processing
Networking with FSA
FSA fees
The regulator charge fees for the application.
6. Tax Navigator
7. Stamp
Taxation in Seychelles
For individuals
In Seychelles, the tax system is based on a pay-as-you-earn (PAYE) system, where
individuals are required to pay taxes on their income. The following are the different
types of taxes that individuals in Seychelles may be subject to:
1. Income Tax: Individuals who earn a taxable income exceeding SCR 8,555 per
month are required to pay income tax. The tax rates are progressive, ranging from
0% to 30%, with the highest rate being applicable to income over SCR 100,000 per
month.
3. Value Added Tax (VAT): VAT is a consumption tax that is charged on the sale of
goods and services. The standard rate is 15%, but certain goods and services may be
exempt or subject to a reduced rate.
5. Other Taxes: Individuals may also be subject to other taxes such as customs duties
on imported goods, excise taxes on certain products such as tobacco and alcohol,
and stamp duty on certain transactions such as property transfers.
It is important to note that Seychelles has a tax treaty network with several
countries, which may provide relief from double taxation. Additionally, there are
certain tax incentives available for individuals, such as deductions for charitable
donations and contributions to a private pension plan. It is recommended to seek
professional advice to ensure compliance with all applicable tax laws and
regulations.
3. Limited Partnerships: Limited Partnerships are partnerships that have at least one
general partner and one limited partner. The general partner is liable for the
partnership's debts, while the limited partner's liability is limited to their capital
contribution. Limited partnerships are not subject to corporate tax, and the partners
are taxed on their share of the partnership's income.
Brokers directory:
https://www.fscmauritius.org/en/supervision/register-of-licensees
Documents checklist:
1. Notarized passport copy
2. Bank statement
3. Verified Proof of address (utility bill )
4. CV
Special requirements:
1. At least 2 local directors (Provided by B2B Hub)
2. At least 1 shareholder (With any citizenship)
3. Local legal address (Provided by B2B Hub)
4. A physical office (Provided by B2B Hub)
5. MUR 1,000,000 ($21-23.000 should be paid within 90 days after license is
obtain)
First stage Second stage Third stage Final stage
Brakedown
Business plan
Legal entity
Legal address
Physical address
2 local directors
Opening an account
Application fee $40,000.00
Document preparation (Translation if
necessary)
Policy processing
Networking with FSC
FSC fees
The regulator charges fees for the application
6. Tax Navigator
7. Stamp
Taxation in Mauritius
Tax for individuals
Individuals, irrespective of nationality, are subject to Mauritian income tax on all
income deriving from Mauritius, whether or not they are residents. Consequently,
Mauritius income tax is also applied to foreigners.
Resident individuals are subject to Mauritian income tax on their worldwide income
from all sources. However, income derived from outside Mauritius is taxable only to
the extent that it is received in Mauritius.
Income tax
Mauritius’s tax system is progressive. Personal income tax of 10% and 15% is
regularly applied. For income over MUR 3,500,000, an additional solidarity fee of 5%
is payable on the amount exceeding MUR 3,500,000.
Documents checklist:
1. Notarized passport copy
2. Bank statement
3. Verified Proof of address (utility bill )
4. CV
First stage Second stage Third stage Final stage
Business plan
Legal entity
Legal address
Opening an account
Document preparation (Translation if
Application fee $12,000.00
necessary)
Policy processing
Networking with ISA
ISA fees
The regulator charges fees for the application
4. Stamp
6. Tax Navigator
Taxation in Nauru
Taxation in Nauru, particularly in relation to corporate entities, presents a unique
landscape that sets it apart from many other jurisdictions. This small island nation,
located in the Micronesian South Pacific, has undergone significant economic
changes over the years, transitioning from a phosphate-rich economy to exploring
other sources of revenue, including offshore banking and corporate registrations.
This article delves into the corporate taxation system in Nauru and explores the
advantages for companies considering establishing a presence in this island nation.
1. Tax Efficiency
The absence of traditional corporate taxes offers significant tax advantages for
companies incorporated in Nauru. Businesses can benefit from the streamlined tax
structure, allowing them to operate in a more tax-efficient environment. This
efficiency can result in substantial savings, particularly for companies with significant
.
international income.
3. Confidentiality
Nauru respects corporate confidentiality, offering a degree of privacy for businesses
and their owners. This can be particularly advantageous for companies seeking
discretion in their financial and ownership structures.
4. Strategic Location
Nauru's location in the Pacific can serve as a strategic base for companies looking to
engage with markets in Australia, New Zealand, and Asia. While geographically
isolated, the island's positioning can be leveraged for specific strategic business
interests.
While the advantages of incorporating in Nauru are clear, companies must also
consider certain factors. The international community's scrutiny of tax havens means
that businesses must navigate reputational risks and comply with international tax
reporting standards, such as the Common Reporting Standard (CRS). Additionally,
the limited local market and infrastructure may pose challenges for companies
requiring robust physical or digital infrastructure.
Nauru offers a unique proposition for corporate entities looking for tax-efficient
jurisdictions. Its favorable tax policies, simplified regulatory environment, and
commitment to corporate confidentiality make it an attractive destination for certain
types of businesses. However, potential incorporators should weigh these benefits
against the broader context of their business needs, including operational
requirements and international compliance obligations. As always, consulting with
tax professionals and legal advisors is crucial to making informed decisions about
incorporating in jurisdictions like Nauru.
.
Vanuatu Dealer's in Securities License
License VFSC
Country Vanuatu
Margin Unlimited
Delivery 2-4 months
Special requirements:
1. At least 1 local director (At least 5 years experience in financial markets)
2. At least 1 shareholder (With any citizenship)
3. Local legal address (can be provided by B2B Hub)
4. A physical office (can be provided by B2B Hub)
5. Authorized capital 50,000 USD
Taxation:
1. Zero tax on international income
2. Tax levy on payment of interest, dividends or royalties – none.
3. The corporate tax rate is 0%
Documents checklist:
1. Notarized passport copy
2. Bank statement
3. Verified Proof of address (utility bill )
4. Company name
First stage Second stage Third stage Final stage
Payment options Bank wire (USD,GBP,EUR,CHF), USDT ERC 20, USDT TRC 20, Cash
Brakedown
Business plan
Legal entity
Legal address
Bank account opening
Application fee Document preparation (Translation if necessary) $38,000.00
Policy processing
Networking with VFSC
VFSC fees
The regulator charges fees for the application
6. Tax Navigator
7. Stamp
Taxation in Vanuatu
For individuals
Vanuatu is a tax haven, which means that it does not impose any income tax, capital
gains tax, or wealth tax on individuals or companies. This makes it an attractive
destination for investors and entrepreneurs looking to minimize their tax liabilities.
However, Vanuatu does have some indirect taxes that individuals may need to be
aware of, such as:
1. Value Added Tax (VAT): VAT is a tax on the consumption of goods and services in
Vanuatu. The current rate is 12.5%.
2. Customs Duty: Customs duty is a tax on goods imported into Vanuatu. The duty
rates vary depending on the type of goods and their value.
3. Stamp Duty: Stamp duty is a tax on certain legal documents such as contracts,
leases, and mortgages. The duty rates vary depending on the type of document
and its value.