Fiji
Key entity, tax, banking, visa, and compliance guidance for foreign founders incorporating in Fiji.
Foreign Ownership Eligibility
Fiji welcomes 100% foreign-owned companies
Fully remote formation — you never need to set foot in the country.
- 100% foreign ownership permitted in most sectors
- Legal system: Common Law (English tradition)
- Primary registry: Companies Office - companies.gov.fj
- Tax authority: Fiji Revenue and Customs Service (FRCS) - frcs.org.fj
- Corporate income tax (CIT): 20% flat rate. Source: FRCS Tax Rates (frcs.org.fj)
- VAT: 15%. Source: FRCS (frcs.org.fj)
- Estimated formation: 3-7 working days online. Source: Companies Office (companies.gov.fj)
- Annual returns and tax filings required
Ownership
100% Foreign OK
Formation
100% Remote
Tax at a glance
Fiji Tax Overview
20%
Corporate Income Tax (CIT)
Fiji Revenue and Customs Service (FRCS). frcs.org.fj
15%
Value Added Tax (VAT)
Fiji Revenue and Customs Service (FRCS). frcs.org.fj. Registration threshold: FJD 100,000 annual turnover.
Fiji Revenue and Customs Service (FRCS)
Tax Authority
frcs.org.fj
9% (resident) / up to 15% (non-resident - verify by DTA)
Withholding Tax (dividends)
FRCS. frcs.org.fj
3-7 working days (online)
Estimated Formation Timeline
Companies Office Fiji. companies.gov.fj
Pros & cons
Advantages & Considerations
Key Advantages
Online company registration in 3-7 working days via companies.gov.fj
100% foreign ownership permitted in most sectors
English-language legal and business environment
Well-established banking sector with major international banks present
Stable Pacific island economy with growing tourism and services sectors
Double tax agreements (DTAs) in place with key trading partners
Considerations
20% CIT rate is moderate compared to some Pacific competitors
Small domestic market (~930,000 population)
Natural disaster exposure (cyclones) - operational resilience planning needed
VAT compliance required if turnover exceeds FJD 100,000
Certain foreign investments need Reserve Bank of Fiji approval
Incorporation Process
The process is strictly digital. Each stage builds on the previous one.
Name search and reservation
Online registration
FRCS registration
Reserve Bank notification (if applicable)
Open corporate bank account
What you'll pay
Cost Architecture
Government Fees
Annual Ongoing
Professional Services
Government fees are subject to change. Verify current fee schedule at companies.gov.fj and frcs.org.fj before committing.
Still unsure about costs?
These are estimates — your actual cost depends on your structure
Every Fiji setup is different. A 15-minute call with one of our specialists will give you a personalised cost breakdown — completely free.
Fintech & Banking
Can non-residents open accounts without visiting? YES.
Banking options for non-resident founders in Fiji. Remote account opening availability varies by institution.
| Institution | Type | Ease for Non-Residents | Notes |
|---|---|---|---|
| ANZ Fiji | Traditional bank | Low (Visit Required) | 1-3 weeks depending on KYC and document review • Certificate of incorporation, constitution, director IDs, shareholder register, registered address, business overview |
| BSP Fiji (Bank of South Pacific) | Traditional bank | Low (Visit Required) | 1-3 weeks depending on KYC and document review • Certificate of incorporation, constitution, director IDs, shareholder register, registered address, business overview |
| Westpac Fiji | Traditional bank | Low (Visit Required) | 1-3 weeks depending on KYC and document review • Certificate of incorporation, constitution, director IDs, shareholder register, registered address, business overview |
| HFC Bank Fiji | Traditional bank | Low (Visit Required) | 1-3 weeks depending on KYC and document review • Certificate of incorporation, constitution, director IDs, shareholder register, registered address, business overview |
| Bred Bank Fiji | Traditional bank | Low (Visit Required) | 1-3 weeks depending on KYC and document review • Certificate of incorporation, constitution, director IDs, shareholder register, registered address, business overview |
| International fintech options available for cross-border transfers; local fintech market limited | Fintech | High (Remote) | 1-3 weeks depending on KYC and document review • Certificate of incorporation, constitution, director IDs, shareholder register, registered address, business overview |
Regulatory requirements
Annual Compliance Matrix
| Requirement | Deadline | Details |
|---|---|---|
Annual return to Companies Office | Ongoing | File annual return online at companies.gov.fj. Maintain registered director and shareholder details. |
Annual CIT return (FRCS) | Ongoing | Submit corporate income tax return to FRCS by due date. CIT rate: 20%. |
VAT returns (if registered) | Ongoing | File monthly or quarterly VAT returns with FRCS. Rate: 15%. |
Payroll tax / PAYE | Ongoing | Employers must deduct and remit PAYE from salaries. Verify current thresholds with FRCS (frcs.org.fj). |
Accounting records | Ongoing | Maintain statutory books and financial records per the Companies Act. |
Frequently Asked
Speak with a Fiji specialist
Get personalised guidance on entity types, costs, timelines and banking — free, no commitment needed.