Vanuatu

Paying Taxes in

Vanuatu

Below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 189 economies. The most recent round of data collection was completed in 2013 (January 1, 2013 – December 31, 2013).

Compare Vanuatu to 188 other economies.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Employer paid - Social Security contributions 12 24 4% gross salaries 4.5
Business license 1 0 VT 20,000-1,000,000 turnover 2.9
Municipal property taxes 2 various rates unimproved land value 0.5
National Government land tax 2 various rates unimproved land value 0.4
Vehicle tax 1 VT 25,000-60,000 engine size 0.2
Employee paid - Social Security contributions 0 paid jointly 4% gross salaries 0 withheld
Stamp duty 1 various rates contract value 0 small amount
Value added tax (VAT) 12 96 12.5% value added 0 not included
Totals: 31.0 120.0 8.5

Notes:
Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.
The hours for VAT include all the VAT and sales taxes applicable.
The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

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