More than a tourist destination
Vanuatu is popular with international businesses being a popular International Finance Centre for decades.
We have a diverse international team and strong connections that allow us to speed through the many application processes very quickly.
Vanuatu and your business
Welcome to iCOUNT, the leading accounting and business advisory firm in Vanuatu.
We have developed a strong, experienced and friendly team of accountants and business consultants – in short, you can count on us. Whether you're an international or local business, we can help you with all of your accounting and business needs.Request a consultation VIEW OUR SERVICES
Vanuatu & iCOUNT Facts & Figures
The beautiful nation of Vanuatu stretches across 1,300km of the South Pacific Ocean, combining 83 individual islands. Vanuatu lies to the east of Australia, northeast of New Caledonia and west of Fiji.
Capital: Port Vila
International Airport: Port Vila Airport (previously Bauerfield International Airport)
Language: English, French and Bislama
Currency: Vanuatu Vatu
Population: Approximately 300,000
Government: The parliament is a single legislative chamber, and has 52 members, elected every four (4) years by popular vote.
Citizens: Local citizens are referred to as Ni-Vanuatu (Ni-Vans).
Origin: iCOUNT’s date back to 1971
Team members: 25
Time / Time Zone
Vanuatu is GMT + 11 hours. That is one hour behind New Zealand, and one hour ahead of Australia.
Vanuatu has no form of income tax on salaries or business profits, however, a Value Added Tax is collected by the Vanuatu Government. All Vanuatu Businesses with a Turnover (sales) of over VT5 million (approximately US$50,000) are required to pay a 15% tax to the Government on their sales. The tax is included in the purchase price to the final buyer of the product or service.
Vanuatu has five operating banks:
1. National Bank Vanuatu (NBV)
2. ANZ Bank (ANZ)
3. BRED Bank
4. Bank South Pacific (BSP)
5. Wanfuteng Bank
There are no exchange controls in Vanuatu. Bank accounts may be in any currency, and international transfers are free of all controls, other than complying with global standards in regard to Anti-Money Laundering (AML) and Counter Terrorism Financing (CTF).
iCOUNT is dedicated to protecting the confidentiality and privacy of information entrusted to it. As part of this fundamental obligation, iCOUNT is committed to the appropriate protection and use of personal information (sometimes referred to as “personal data”, “personally identifiable information”) that has been collected online.
Operating in Vanuatu since 1971, no matter what your local or international business requirements are, iCOUNT has established relationships with consultants, banks, lawyers and government to assist you in achieving your outcome.