{"id":143130,"date":"2024-07-01T00:00:48","date_gmt":"2024-07-01T00:00:48","guid":{"rendered":"https:\/\/www.shane-english.com\/?page_id=143130"},"modified":"2024-07-12T11:37:36","modified_gmt":"2024-07-12T11:37:36","slug":"vanuatu-company-restoration","status":"publish","type":"page","link":"https:\/\/www.shane-english.com\/vanuatu-company-restoration\/","title":{"rendered":"Vanuatu Company Restoration"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.shane-english.com\/wp-content\/uploads\/vanuatu-company-restoration.jpg\" alt=\"Vanuatu Company Restoration\" \/><\/p>\n<h1>Vanuatu Company Restoration<\/h1>\n<p>Companies who have been removed from the Vanuatu Financial Services Commission&#8217;s Register under the 2009 Companies Act need to apply to have the company restored to the register.<\/p>\n<p>By restoring your company to the register, you will be able to continue with business as usual, as all assets automatically transfer back to the Company on restoration.<\/p>\n<h2>Vanuatu Company Restoration fees<\/h2>\n<ul>\n<li>Vanuatu Financial Services Commission Restoration fee US$250<\/li>\n<li>Take over authority of the company and Restore to the Register &#8211; \u00a3680<\/li>\n<li>Provision of Registered Agent and Registered Address &#8211; \u00a3760<\/li>\n<li>Outstanding Annual Registration fee &#8211; $300 per year<\/li>\n<li>Due Diligence &#8211; per Director &amp; Shareholder &#8211; \u00a380<\/li>\n<li>Annual Renewal fee USD$300<\/li>\n<li>Penalty fee per year USD$100<\/li>\n<li>Additional disbursements to the Vanuatu Financial Services<\/li>\n<li>Obtaining the file from the existing registered agent and upgrading the file, fee \u00a3220<\/li>\n<li><span data-sheets-root=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;3% Transfer fee \u2013 for penalties, fees and charges to the Caymans \u2013 to cover exchange rate changes, bank charges and fees&quot;}\" data-sheets-userformat=\"{&quot;2&quot;:12418,&quot;4&quot;:{&quot;1&quot;:2,&quot;2&quot;:16777215},&quot;10&quot;:2,&quot;15&quot;:&quot;Verdana&quot;,&quot;16&quot;:8}\">2% Transfer fee \u2013 for penalties, fees and charges to Vanuatu \u2013 to cover exchange rate changes, bank charges and fees<\/span><\/li>\n<li>Our fee to Restore Vanuatu Company \u00a3640<\/li>\n<\/ul>\n<h3>After Restoration:<\/h3>\n<p>There is a representation fee of \u00a3760 per year for acting as Registered Agent and Registered Office<\/p>\n<h2>Company Restoration Process<\/h2>\n<p>We will need to collect the company\u2019s statutory files from the current registered agent and depending on the files we may need to undertake some due diligence with the Vanuatu Financial Services Commission.<\/p>\n<p>We will also contact the Vanuatu Financial Services Commission to obtain what fees and penalties are outstanding.<\/p>\n<p>We need to provide the Vanuatu Financial Services Commission \u2013 Register of Companies with details of the shareholders, directors, addresses etc.<\/p>\n<h2>Company Directors and Shareholders<\/h2>\n<p>When a Vanuatu company is restored, the previous Directors, Company Secretary and Shareholders are automatically assumed to have continued.<\/p>\n<script>\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 3.1.\"),o(),0))},initializeOnLoaded:function(o){gform.callIfLoaded(o)||(document.addEventListener(\"gform_main_scripts_loaded\",()=>{gform.scriptsLoaded=!0,gform.callIfLoaded(o)}),document.addEventListener(\"gform\/theme\/scripts_loaded\",()=>{gform.themeScriptsLoaded=!0,gform.callIfLoaded(o)}),window.addEventListener(\"DOMContentLoaded\",()=>{gform.domLoaded=!0,gform.callIfLoaded(o)}))},hooks:{action:{},filter:{}},addAction:function(o,r,e,t){gform.addHook(\"action\",o,r,e,t)},addFilter:function(o,r,e,t){gform.addHook(\"filter\",o,r,e,t)},doAction:function(o){gform.doHook(\"action\",o,arguments)},applyFilters:function(o){return gform.doHook(\"filter\",o,arguments)},removeAction:function(o,r){gform.removeHook(\"action\",o,r)},removeFilter:function(o,r,e){gform.removeHook(\"filter\",o,r,e)},addHook:function(o,r,e,t,n){null==gform.hooks[o][r]&&(gform.hooks[o][r]=[]);var 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        <p class='gform_description'><\/p>\n\t\t\t\t\t\t\t<p class='gform_required_legend'><\/p>\n                        <\/div><form method='post' enctype='multipart\/form-data' target='gform_ajax_frame_9' id='gform_9' class='company-document-order-form' action='\/wp-json\/wp\/v2\/pages\/143130#gf_9' data-formid='9' novalidate>\n                        <div class='gform-body gform_body'><div id='gform_fields_9' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_9_10\" class=\"gfield gfield--type-html gfield--input-type-html gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_10\" ><div class=\"form-title\">Company Restoration<\/div><\/div><div id=\"field_9_15\" class=\"gfield gfield--type-hidden gfield--input-type-hidden gform_hidden field_sublabel_below gfield--no-description 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gfield_visibility_visible\"  data-js-reload=\"field_9_5\" ><label class='gfield_label gform-field-label' for='input_9_5'>Name<\/label><div class='ginput_container ginput_container_text'><input name='input_5' id='input_9_5' type='text' value='' class='large'    placeholder='Your Name'  aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_9_6\" class=\"gfield gfield--type-email gfield--input-type-email gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_6\" ><label class='gfield_label gform-field-label' for='input_9_6'>Email<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_asterisk\">*<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_6' id='input_9_6' type='email' value='' class='large'   placeholder='Email' aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><fieldset id=\"field_9_3\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--input-type-checkbox sas field_sublabel_below gfield--has-description field_description_above field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_3\" ><legend class='gfield_label gform-field-label gfield_label_before_complex' >I was a (tick all that apply)<\/legend><div class='gfield_description' id='gfield_description_9_3'>I was a (tick all that apply)<\/div><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_9_3'><div class='gchoice gchoice_9_3_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_3.1' type='checkbox'  value='Director'  id='choice_9_3_1'   aria-describedby=\"gfield_description_9_3\"\/>\n\t\t\t\t\t\t\t\t<label for='choice_9_3_1' id='label_9_3_1' class='gform-field-label gform-field-label--type-inline'>Director<\/label>\n\t\t\t\t\t\t\t<\/div><div class='gchoice gchoice_9_3_2'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_3.2' type='checkbox'  value='Shareholder'  id='choice_9_3_2'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_9_3_2' id='label_9_3_2' class='gform-field-label gform-field-label--type-inline'>Shareholder<\/label>\n\t\t\t\t\t\t\t<\/div><div class='gchoice gchoice_9_3_3'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_3.3' type='checkbox'  value='Other'  id='choice_9_3_3'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_9_3_3' id='label_9_3_3' class='gform-field-label gform-field-label--type-inline'>Other<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_9_21\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-full field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_21\" ><label class='gfield_label gform-field-label' for='input_9_21'>Please provide your relationship to the company<\/label><div class='ginput_container ginput_container_text'><input name='input_21' id='input_9_21' type='text' value='' class='large'    placeholder='Please provide your relationship to the company'  aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_9_9\" class=\"gfield gfield--type-text gfield--input-type-text gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_9\" ><label class='gfield_label gform-field-label' for='input_9_9'>Name of Company to be restored<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_asterisk\">*<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_9' id='input_9_9' type='text' value='' class='large'    placeholder='Name of Company to be restored' aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_9_19\" class=\"gfield gfield--type-select gfield--input-type-select gfield--width-full gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_19\" ><label class='gfield_label gform-field-label' for='input_9_19'>Incorporation Country<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_asterisk\">*<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select name='input_19' id='input_9_19' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' selected='selected' class='gf_placeholder'>Incorporation Country<\/option><option value='Anguilla' >Anguilla<\/option><option value='Bahamas' >Bahamas<\/option><option value='Barbados' >Barbados<\/option><option value='Belize' >Belize<\/option><option value='Bermuda' >Bermuda<\/option><option value='British Virgin Islands' >British Virgin Islands<\/option><option value='Cayman Islands' >Cayman Islands<\/option><option value='Cyprus' >Cyprus<\/option><option value='Estonia' >Estonia<\/option><option value='Gibraltar' >Gibraltar<\/option><option value='Guernsey' >Guernsey<\/option><option value='Hong Kong' >Hong Kong<\/option><option value='Ireland' >Ireland<\/option><option value='Isle of Man' >Isle of Man<\/option><option value='Jersey' >Jersey<\/option><option value='Liberia' >Liberia<\/option><option value='Malta' >Malta<\/option><option value='Marshall Islands' >Marshall Islands<\/option><option value='Panama' >Panama<\/option><option value='Seychelles' >Seychelles<\/option><option value='St Kitts &amp; Nevis' >St Kitts &amp; Nevis<\/option><option value='UK' >UK<\/option><option value='USA' >USA<\/option><option value='OTHER' >OTHER<\/option><\/select><\/div><\/div><div id=\"field_9_16\" class=\"gfield gfield--type-text gfield--input-type-text field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_hidden\"  data-js-reload=\"field_9_16\" ><div class=\"admin-hidden-markup\"><i class=\"gform-icon gform-icon--hidden\" aria-hidden=\"true\" title=\"This field is hidden when viewing the form\"><\/i><span>This field is hidden when viewing the form<\/span><\/div><label class='gfield_label gform-field-label' for='input_9_16'>Restoration Country<\/label><div class='ginput_container ginput_container_text'><input name='input_16' id='input_9_16' type='text' value='' class='large'    placeholder='Restoration Country'  aria-invalid=\"false\"   \/><\/div><\/div><fieldset id=\"field_9_4\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield--input-type-checkbox gf_list_inline field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_4\" ><legend class='gfield_label gform-field-label gfield_label_before_complex' >Reason for Company Restoration<\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_9_4'><div class='gchoice gchoice_9_4_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_4.1' type='checkbox'  value='continue trading'  id='choice_9_4_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_9_4_1' id='label_9_4_1' class='gform-field-label gform-field-label--type-inline'>continue trading<\/label>\n\t\t\t\t\t\t\t<\/div><div class='gchoice gchoice_9_4_2'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_4.2' type='checkbox'  value='recover an asset'  id='choice_9_4_2'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_9_4_2' id='label_9_4_2' class='gform-field-label gform-field-label--type-inline'>recover an asset<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><div id=\"field_9_20\" class=\"gfield gfield--type-text gfield--input-type-text gfield--width-full field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_20\" ><label class='gfield_label gform-field-label' for='input_9_20'>Please provide brief description and an approximate value of asset<\/label><div class='ginput_container ginput_container_text'><input name='input_20' id='input_9_20' type='text' value='' class='large'    placeholder='Please provide brief description and an approximate value of asset'  aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_9_11\" class=\"gfield gfield--type-hidden gfield--input-type-hidden gform_hidden field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  data-js-reload=\"field_9_11\" ><div class='ginput_container 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