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BREAKING NEWSFinal preparations for Easter and Thanksgiving Bank Holiday Weekend!
The Government announced today that all services provided by Mount Vema institutions including online will be closed for business next week on the 19th and 22nd of April Easter Bank Holiday, and on the 26th of April for... read more
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Government ready to sign contracts worth more than 500 billion gollesHis Mount Vema Majesty's Government is now officially inviting interested parties to submit tenders through Procurement Notices, to supply goods, services, works and utilities, including design and build proposal worth... read more
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Government changes policy on corporate tax, income tax and pension rules
Businesses and residents will now be charged 10% corporate tax and 5% individual income tax in Mount Vema according to a new policy introduced by the government this week. The policy also includes a new rule on pension... read more
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Aid to Southern Africa after Cyclone Idai praised but more help is needed
The Vema Seamount Authority this weekend praised the aid and efforts from NGOs, Governments and the UN to Southern Africa after Cyclone Idai. His Mount Vema Majesty also praised the international media for their work which is... read more
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Government funded scholarships for medical students opens tomorrowThe Mount Vema Government funded scholarship to educate, train and provide work placement for graduates to gain work experience opens tomorrow. Applicants can apply from tomorrow 9am March 18th and up to... read more
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Chinese Premier Li Keqiang contacted to open talks with ChinaMore than six months after Mount Vema announced plans to ask China for help with procurement of building materials, His Mount Vema Majesty’s Government has confirmed that the Vema Seamount Authority… read more
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5% Stamp duty introduced to help finance the City’s infrastructuresA 5% duty on all property transactions off-plan was introduced by the Government today as a temporary policy to raise more than 10 billion golles in foreign exchange within a period of five years to help finance the construction of... read more
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Government confirmed plans to build processing factories overseasHis Mount Vema Majesty’s Government has confirmed this weekend that Mount Vema will go ahead with plans to build food processing factories and distribution centers from April this year to support the country’s... read more
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Regular travel advice to be issued to help Mount Vema nationals overseasThe Royal Mount Vema Department of Foreign Affairs, also known as the Royal Department announced today that as of March 1st 2019, it will issue regular travel advice to be made available to Mount Vema citizens and...read more
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Full international health insurance approved for Mount Vema citizensAll Mount Vema citizens are now entitled to international medical insurance according to a statement issued today by His Mount Vema Majesty’s Government. The Mount Vema International Medical Insurance will... read more
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New landline numbers and toll free helpline launched by the governmentHis Mount Vema Majesty’s Government has launched a new landline number and toll free helpline to help assist with overseas queries, including assistance to Mount Vema citizens overseas with Emergency Financial Assistance... read more
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Vema Seamount Settled Land Act becomes law of the territoryThe ‘Settlement (Vema Seamount Settled Land Act) Mount Vema 2019’, has come into operation today, as Order No.20 SI/MV2019/20, in accordance with the 2006 Declaration of Sovereignty, after receiving the... read more
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Government unveils plan to keep the lights on before tidal power is readyThe government has unveiled plan to keep the lights on until the City of Mount Vema tidal power plant project is completed. The news comes after rumours that vonMelyn the energy provider licensed to keep the lights on in... read more
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Law of Property (Vema Seamount) Act, 2019 comes into operationOrder No.19 SI/MV2019/19, Law of Property (Vema Seamount) Act, Mount Vema 2019 came into operation to make provisions related to conveyancing and the law of property in the Kingdom of Mount Vema (Vema Seamount Territory)… read more
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Mount Vema ready to process Golle-payments in 130+ currenciesAlthough the currency of Mount Vema is a nonconvertible currency, used primarily for internal/domestic transactions and not openly traded on a world forex market, other than the Gollexi. The Bank of Mount Vema announced... read more
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Mount Vema passport to rank one of the most powerful by 2025Seven years from now, you will need to invest more than $1 million USD (about 500,000 golles) to entitle you to residency and full Mount Vema citizenship. That is more than what you need now, as a property investment... read more
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Powers of Attorney (Vema Seamount) Act, 2019 comes into operationThe Powers of Attorney (Vema Seamount) Act, Mount Vema 2019 has come into operations today as Order No.18 SI/MV2019/18 just hours after the Royal Mount Vema Seal of Approval was granted. Made: 17th of... read more
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The Vema Seamount Authority delivered Christmas message 2018His Mount Vema Majesty King Peter – The Vema Seamount Authority, today delivered his 12th Christmas message as a Sovereign since the creation of the Kingdom of Mount Vema in August 2006. The message was... read more
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Ship captain and crew needed to work on a support vessel in Mount VemaJob vacancies for a Master, Chief Mate, Second Mate, Third Mate, Able Seafarer/Able Seafarer Deck, Ordinary Seafarer, Chief Engineer, 1st Assistant Engineer, 2nd Assistant Engineer, 3rd Assistant Engineer, Oiler/Motor or... read more
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Mount Vema seeks United Nations membership to secure ISO codeYou don’t need UN membership to be a sovereign nation. But you need the UN to get a few things moving, especially if you are a newly established territorial entity. The Vema Seamount Authority has reached out to the UN... read more
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Reciprocal Enforcement (Foreign Judgments) Act comes into operationThe Reciprocal Enforcement (Foreign Judgments) Act, Mount Vema 2018 comes into operation today after receiving the Royal Mount Vema Seal of Approval. The Act is the 17th legislation to enter the statutory books of the... read more
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Foundation Infrastructure Act, Mount Vema 2018 comes into operationThe Foundation Infrastructure legislation of Mount Vema made on 4th of December, in accordance with the Vema Seamount Declaration of Sovereignty 2006, comes into operation today after receiving the Royal Mount Vema Seal... read more
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