Crypto Regulation in Vanuatu

Legal

Tax Information

Capital Gains (Personal)
0% - no income tax or CGT
Capital Gains (Corporate)
0% - no corporate income tax
VAT on Crypto
No
Staking Tax
0% - no income tax
Airdrop Tax
0% - no income tax
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
VFSC / RBV (Vanuatu Financial Services Commission / Reserve Bank of Vanuatu)
Framework
VFSC digital asset business licensing; Vanuatu positioned as Pacific fintech hub
License Types
--
Estimated Cost (USD)
$5,000 - $20,000
Timeline
2-4 months
Ease of Licensing
Easy

AML / KYC

KYC Required
Yes
Travel Rule
No
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Legal
Electricity Cost ($/kWh)
$0.25
Renewable Energy
20%
Climate
Tropical
Infrastructure
Poor
Tax on Mining Income
0% - no corporate income tax
Notes
High electricity costs significantly reduce mining profitability.

DeFi, Stablecoins & NFTs

DeFi: unregulatedStablecoins: unregulatedNFTs: unregulatedCBDC: none

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 10 days
Banking
Difficulty: Hard | Crypto-friendly banks: none listed
Min. Deposit
$10,000
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$8,000 | 30 days | Limited Liability Company
Licensing Support
Available | $25,000 - $100,000

Sources

VFSC
medium

Frequently Asked Questions

Is crypto legal in Vanuatu?
Cryptocurrency is currently classified as "Legal" in Vanuatu.
What is the crypto tax rate in Vanuatu?
In Vanuatu, the personal capital gains tax on crypto is 0% - no income tax or CGT, and the corporate tax rate is 0% - no corporate income tax.
Do I need a crypto license in Vanuatu?
Yes, a crypto license is required in Vanuatu. The regulator is Vanuatu Financial Services Commission / Reserve Bank of Vanuatu under VFSC digital asset business licensing; Vanuatu positioned as Pacific fintech hub. Estimated licensing cost: $5,000 - $20,000.
Is crypto mining legal in Vanuatu?
Yes, crypto mining is legal in Vanuatu. Electricity costs approximately $0.25/kWh. Mining income is taxed at: 0% - no corporate income tax. High electricity costs significantly reduce mining profitability.
What are the AML/KYC requirements for crypto in Vanuatu?
Yes, crypto businesses in Vanuatu must comply with KYC (Know Your Customer) requirements.