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Vanuatu: Labour Regulation |
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VANUATU INFORMATION: BUSINESS, TAXATION AND OFFSHORE |
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VANUATU REGULATORY
ENVIRONMENT
- VANUATU WORK
PERMITS
Vanuatu
Regulatory Environment
The
Employment Acts of 1983 and 1986 deal with employment
practices in Vanuatu; they are not very onerous
for employers.
In
April 2005, the monthly minimum wage was increased
to VT22,000 from VT16,000; employees are entitled
to 12 days of paid leave and 21 days of sick leave
per annum.
Although
there are no State social security contributions
as such, employees and employers contribute 3%
of salary each to an approved superannuation scheme,
usually the Vanuatu National Provident Fund.
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Vanuatu
Work Permits
The
Labour (Work Permits) Act requires that a non-citizen
should obtain a work permit in order to work.
Permits are issued if there is no suitably qualified
Ni-Vanuatu applicant for a job.
It
is possible for business principals to gain exemption
from the work permit rules, particularly if they
have contributed capital.
Work
permits cost VT 50,000 per employee per year.
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