INSIGHTS
Vanuatu: Where Business Meets Paradise
Vanuatu’s Evolution: From Tax Haven to Dynamic Financial Hub
By Charles Pratten
A Paper by Charles Pratten
Monte-Carlo Economic Forum 2023
- Vanuatu: A New (Old) Frontier for International Business and Tax Efficiency
- Vanuatu’s Evolution: From Tax Haven to Dynamic Financial Hub
Scope of this paper:
In this paper, presented at the Monte-Carlo Economic Forum 2023, Charles examines Vanuatu’s evolution from a tax haven to a dynamic financial hub, exploring its potential as a new (old) frontier for international business and tax efficiency.
Additionally, the paper delves into the rapidly changing economic and sociological dynamics that have curtailed the age-old practices of buccaneer bankers. These shifts have paved the way for the development of new and innovative structures designed to enhance international commerce, reflecting the need for adaptability and modern strategies in today’s global financial landscape.
The Author: Charles Pratten
Charles Pratten (ANZIIF (Snr Assoc) CIP) is a highly experienced insurance expert and consultant with a deep background in management, economics, and risk management. Starting his career at Coutts Bank, Charles has worked with leading insurance companies and financial services firms worldwide. He is particularly known for his expertise in establishing captive insurance companies and navigating complex financial landscapes through innovative legal structures. Currently, he advises firms in Vanuatu, Dubai, Labuan, and Monte Carlo, where his extensive network and strategic insights continue to shape the industry.
About Us
Strategic Corporate Services Ltd is a leading independent professional services firm in Vanuatu, providing a comprehensive range of solutions to both corporate and private clients. Our expertise extends to establishing robust business structures for operations in Vanuatu and globally. With extensive experience, we specialize in guiding clients through the setup and management of various business entities, ensuring effective governance and compliance across diverse jurisdictions.