The relevant Licence is issued under the provisions of Vanuatu’s financial legislation and are granted by the Minister of Finance upon application to the Vanuatu Financial Services Commission (VFSC). Please find below the features of the particular licence category in more detail:

Feature/Category	Brokerage Licence (Categories A-B-C)
Type of company required to be eligible	VIC
Taxation	0%
Minimum paid-up statutory capital	USD 50,000 deposited for Categories (A-B-C)
Financial statements disclosure to VFSC	Audited financial statements
Main requirements	• AML/Compliance officer • Compliance services (local-obligatory) • Local office-substance • Resident Manager • Indemnity insurance

Government Fees Description/Licence Category
Licence Processing and Applications Fee (one off)	USD 3,000 per category – to be able to offer services as a market maker. The amount is payable to VFSC
Annual Licence Fee	Same as above

GFSC GLOBAL can offer additional services in relation to the licence application, which include: 1) Provision of nominee directors, if needed; 2) Provision of nominee shareholder, if needed; 3) Accounting/bookkeeping services; 4) Reconciliation and tax calculation services; 5) Audit services; 6) Opening additional operational bank accounts (worldwide).