Important – Local Vanuatu Company Must Have A Resident Natural Person Director

Attention: The Directors

There has been a recent Amendment to the Companies Act No 25 introducing the requirement for at least one director to be a natural person who ordinarily resides in Vanuatu, i.e. holds a Residency Visa (or citizenship).

If your directorship meets the above requirement, please ignore this email.

Otherwise, or if you are unsure, please contact us to discuss so we can assist.

Please note that if a nominee company is a director (e.g. Trusco Holdings Limited, Regent Limited etc.), this does not meet the above requirements and we would be pleased to discuss other options with you.

Should you have any other questions, please do not hesitate to contact your Law Partners Client Services Manager – Mathilde Augerd, Kathryn Hurley or Martha Fatiaki.