Obtaining a Vanuatu Forex License: A Comprehensive Guide to Regulatory Compliance

The regulation of the foreign exchange market in Vanuatu falls under the responsibility of the Vanuatu Offshore Financial Services Commission. The country has established a framework of legislation and regulations to govern the operations of financial services providers and licensees. Due to its focus on financial stability, transparency, and accountability, it has become a highly desirable location for establishing an offshore forex business. Incluence helps with obtaining a Vanuatu forex license

The Vanuatu Offshore Financial Services Commission (VOFSC) has established a comprehensive framework of legislation and regulations to govern the activities of all financial services providers and licensees operating in the country. The main regulations governing the foreign exchange industry are:

  • The Financial Institutions Regulation Act;
  • The Exchange Control Act;
  • The Anti-Money Laundering Prevention Act ;
  • The Terrorism Financing Prevention Act; and
  • The Foreign Exchange Trading Act.

This regulatory framework provides the necessary protection to investors, traders, and other financial services providers while allowing companies to operate freely in the Vanuatu forex market. It also requires licensed brokers to adhere to minimum capital requirements and submit audited annual accounts.

In order to obtain a Vanuatu Forex license, companies must demonstrate that they can comply with all applicable laws and regulations. They must also have a minimum capital of USD 50,000 and appoint an authorized person to act as the compliance officer. Companies must also submit audited annual accounts and be subject to ongoing monitoring by the VOFSC.

Obtaining a Vanuatu forex license allows companies to benefit from the country’s attractive taxation system, which includes no capital gains or corporate taxes. The license also allows companies to conduct business in multiple currencies and with clients located in different countries.

Incluence helps companies navigate the complexities of obtaining a Vanuatu forex license. Our experienced team of professionals can assist you with every step of the process, including the preparation of the necessary documents, submission to the VOFSC, and obtaining a license. Contact us today for more information about how we can help you obtain a Vanuatu forex license.

Also, if necessary, Incluence can help you obtain a Cyprus forex license

Steps to obtain a Vanuatu Forex license

  1. Apply for a License: The first step is to apply for a license from the Vanuatu Offshore Financial Services Commission. The application includes a detailed business plan which must include the capital structure, management team, and operational strategy of the company. It is also important to note that all applicants must meet a certain set of criteria in order to be eligible for a license.
  2. Financial Requirements: The applicant must provide evidence of sufficient financial resources to maintain a viable business. This includes a capital adequacy requirement and the ability to prove that the company has adequate funds to cover its operational expenses.
  3. Compliance: The licensee must also demonstrate compliance with all relevant laws and regulations in the jurisdiction, including those related to anti-money laundering and counter-terrorism financing.
  4. Regulatory Compliance: The licensee must establish and maintain a comprehensive compliance program that adheres to the financial services regulations in Vanuatu. This includes but is not limited to, meeting requirements of the Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF), the Financial Services Act (FSA), and other applicable laws.
  5. Ongoing Requirements: The licensee must also ensure that they maintain their operations in accordance with Vanuatu’s laws and regulations, including ongoing reporting requirements to the Commission.

Pros and cons of Vanuatu Forex license


  1. Low Cost: The cost of obtaining a Vanuatu Forex license is relatively low compared to other jurisdictions. This makes it an attractive option for those looking to set up an offshore business without breaking the bank.
  2. Easy Setup: The process for setting up a forex business in Vanuatu is quick and straightforward, making it an ideal choice for those looking to get up and running quickly.
  3. Reputable Regulator: The Vanuatu Offshore Financial Services Commission is known for its commitment to financial stability, transparency, and accountability. This means that companies operating in the country can have confidence in the regulatory oversight of their operations.


  1. Limited Clientele: Due to the nature of its forex regulations and licensing requirements, Vanuatu is not suitable for those looking to set up a business with a large international clientele.
  2. Regulatory Risk: The regulatory requirements and oversight in Vanuatu are not as stringent as other jurisdictions, which means there is an increased risk of fraud or other abuses of the system.
  3. Limited Support: Companies operating in Vanuatu may find it difficult to access the same level of support and resources as those available in more established offshore jurisdictions.

CONCLUSION: Obtaining a Vanuatu Forex license is an involved process, but it can be done with the right guidance and support. By following the steps outlined above, you can ensure that your business is compliant with the relevant laws and regulations and that you have all of the resources necessary to operate a successful forex business in Vanuatu.

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