What are the documents required for the Foreign Exchange Business License in Vanuatu?

Businesses will need this list of the document below:

• Each beneficial owner, shareholder, director, authorized signatory and secretary must provide
• CV of the director/shareholder dated and signed, showing at least 5 years on related experience in fund management securities and investment
• A notarized copy of a valid passport (an English translation of the certification)
• A notarized copy of proof of residential address (ex. utility bill that is not older than 3 months) (an English translation of the certification)
• Independent references confirming CV and showing at least 5 years on related experience in fund management securities and investment (x2)
• Criminal record from the native country of the applicant and notarized translation of it into English (if needed)
• Notarized copies of university Diplomas in English, certified transcripts
• A second ID of the shareholder(s) / director(s)
• Professional letter / bank reference on director / shareholder (x2)
• Bank statement proving the source of funds

Businesses also need the document for Account Opening and AML officer (Detail in the document required tab)