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Offshore news !

Vanuatu To Join The World’s Optical Fibre Internet Backbone

As part of the Government Vanuatu’s commitment to encourage the development of e-business and IT infra- structure, the Vanuatu Government has thrown it’s full support behind the current Joint Venture project between Interchange Limited, a Vanuatu local IT company and Alcatel-Lucent, the giant French telecommunications company to deploy Vanuatu’s first international submarine cable system linking Port Vila, the capital of Vanuatu, to Suva, Fiji.

Scheduled for completion in mid 2012, this new system will deliver faster, more efficient and cost-effective Internet connectivity to the pacific island nation, while removing the current dependence on satellite and strengthening Vanuatu’s competitive position as an e-business hub.

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Business Names

 

 

You may register a business name to trade under regardless of whether you are carrying on business as a local company or as a sole trader.

This allows you to trade under different names under 1 Business license. For example you may have a refrigeration business offering sales, parts and services. You may wish to trade the sales of units and parts under one business name and services under another. This way you have 2 separate business entities owned under one company and working under 1 Business License.

This can be handy when you may wish to sell or a potential purchaser may only be interested in purchasing the the sales and parts department and you keep the service side.

Business names can be registered to resident individuals or to a local company.

Registrations are valid to 30th September of the prevailing year and renewed annually on or before this date.