#

Ease of Doing Business in

Vanuatu

Vanuatu Download Profile (1717.2KB, pdf)
Region East Asia & Pacific
Income Category Lower middle income
Population 264,652
GNI Per Capita (US$) 2,873
City covered Port Vila

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 83 88 up
5
63.66 61.45 down
2.21
Starting a Business 126 147 up
21
81.24 75.51 up
5.73
Dealing with Construction Permits 134 135 up
1
61.91 61.57 up
0.34
Getting Electricity 81 75 down
6
72.00 71.80 up
0.20
Registering Property 81 80 down
1
65.63 65.63
-
Getting Credit 20 29 up
9
75.00 70.00 up
5.00
Protecting Minority Investors 106 129 up
23
50.00 43.33 up
6.67
Paying Taxes 54 51 down
3
80.60 80.60
-
Trading across Borders 145 145
-
56.27 56.27
-
Enforcing Contracts 130 128 down
2
51.13 51.13
-
Resolving Insolvency 93 111 up
18
42.85 38.63 up
4.22

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

DB 2017 Rank:

54

DB 2016 Rank:

51

Change in Rank:

down3

DB 2017 DTF (% points):

80.60

DB 2016 DTF (% points):

80.60

Change in DTF (% points):

0.00

Indicator Vanuatu East Asia & Pacific OECD high income
Payments (number per year) info_outline 31 22.9 10.9
Time (hours per year) info_outline 120 198.0 163.4
Total tax rate (% of profit) info_outline 8.5 33.9 40.9
Postfiling index (0-100) info_outline 80 59.6 85.1
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Employer paid - Social Security contributions 12 24 4% gross salaries 4.51
Business license 1 VT 20,000-1,000,000 turnover 2.93
Municipal property taxes 2 various rates unimproved land value 0.49
National Government land tax 2 various rates unimproved land value 0.39
Vehicle tax 1 VT 25,000-60,000 engine size 0.16
Employee paid - Social Security contributions 0 jointly 4% gross salaries 0.00 withheld
Stamp duty 1 various rates contract value 0.00 small amount
Value added tax (VAT) 12 96 12.5% value added 0.00 not included
Totals: 31 120 8.5
  • Taxes by type Answer
    Profit tax (% of profit) 0.0
    Labor tax and contributions (% of profit) 4.5
    Other taxes (% of profit) 4.0
    Answer Score
    Postfiling index (0-100) 80.0
    VAT refunds 92.0
    Does VAT/GST exist? Yes
    Frequency of VAT/GST refund submission monthly
    Does a VAT/GST refund process exist per the case study? Yes
    Restrictions on VAT refund process None
    Likelihood of VAT audit Likely
    Time to comply with VAT refund (hours) 4.0 92.0
    Time to obtain a VAT refund (weeks) 19.7 68.1
    Corporate income tax audits N/A
    Does corporate income tax exist? No
    Likelihood of corporate income tax audit N/A
    Time to comply with a corporate income tax audit (hours) N/A No CIT
    Time to complete a corporate income tax audit (weeks) N/A No CIT
    Administrative appeal process
    First level administrative appeal authority N/A
    Is the appeal authority independent? N/A
    Are appeal guidelines accessible to the public? N/A
    Source of appeal guidelines N/A
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? N/A
    Legal time limit N/A

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.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.