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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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Company officers

 

An international company requires as a minimum 1 director and 1 shareholder.

A local company requires as a minimum 1 resident Director, 2 shareholders and 1 secretary.

Corporate Directors and Corporate shareholders are allowed.

For the sole investor wishing to carry on business through a local company, Moores Rowland can provide a nominee to hold the other share on his/hers behalf to satisfy the minimum 2 shareholder rule.

For investors who, for security and other reasons, wish to maintain confidentiality may consider using our nominees to hold their shares on their behalf. Only the nominee's details shown on the company’s statutory register ensuring confidentiality. For their peace of mind, a Declaration of Trust will be issued to the beneficial owner by the nominee confirming this arrangement.

We also provide company directors and secretaries to manage your company through our nominee companies.

Our Nominee companies are:-

Equity Holdings Limited, incorporated on the 28th January 1987,

Southpac Nominees Limited, incorporated on the 28th January 1987,

International Corporate Services Limited, incorporated on the 26th July 1991.