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Vanuatu
Address
Vanuatu Department of Finance and Treasury
Port Vila
Vanuatu 296 02

Website

Email

General Information
+34 682 532 635

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Vanuatu

The Vanuatu government approved online gaming in 1999. The Vanuatu Interactive Gaming Act was passed by Parliament in March 2000 and officially published on 31 May 2000. The licensing process is regulated by the Finance Ministry and the Department of Customs & Inland Revenue.

The approval process for businesses seeking licensure is stringent but kept confidential. The government requires background checks on applicants, their close associates and significant suppliers; the company’s gaming systems; financial security; corporate competency; and its business plan. Licensees are required to provide monthly reports showing players’ funds are managed appropriately and the business finances are in order.

On 17 March 2003, the Vanuatu government amended its Interactive Gaming legislation to offer online gaming licenses to sportsbooks and betting exchanges. Asia Pacific Totalisators Ltd. received the first Limited (Sports Book) Interactive Gaming License on the same day for a period of 15 years.

License fees for sportsbook operators require a USD 35,000 application fee plus USD 30,000 annually. An interactive gaming license for all other gaming requires a license fee of USD 75,000 with an annual fee of USD 50,000. The license term is 10 years. Once approved, operators must pay an interactive gaming tax of 2.5% on gross monthly earnings and a 0.1% turnover tax on fixed-odds betting. No other taxes or charges are levied on licensees or licensee companies. VAT is not payable on interactive gaming revenues regardless if onshore or offshore. VAT paid on business inputs by licensees is refundable. There are no company or personal income taxes in Vanuatu.

4 Vanuatu sites support English. with United States Dollars. edit your preferences
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Vanuatu
Address
Vanuatu Department of Finance and Treasury
Port Vila
Vanuatu 296 02

Website

Email

General Information
+34 682 532 635

View All Gaming Jurisdictions
 
Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW!
 
View Details
1
UFX.com UFX.com
Software: MetaQuotes, ParagonEX
Jurisdictions: Cyprus, Vanuatu
View Details
2
Tradear Tradear
Jurisdiction: Vanuatu
Primary Language: Spanish
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3
Starfish FX Starfish FX
Software: MetaQuotes
Jurisdiction: Vanuatu
View Details
4
TradeFred TradeFred
Software: MetaQuotes
Jurisdiction: Vanuatu

 
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