Reserve Bank of Vanuatu

Home Fees and Penalties

Insurance Fees and Penalties

License Type
License  Fee(USD)
Application Fee(USD)
Local
3,000 500
External 3,000 500
Captive 2,000 250
International 5,000 500
Broker 1,000 500
Insurance Manager
1,000 500
Agent 500 250
Loss  Adjuster
500 250

 

Penalty Fee for late payment of License fee:
VT 1,000 per day late for late payment of license fees and applies to all licenses

Penalty for late filing of Returns(quarterly and annual) required by  RBV,includes Audited Accounts:
VT 1,000 per day late and applies to all licenses