Politics & Government

Domain squatters are a cyber threat, and a real problem to economic growth – The Government warned

April 29, 2022 – His Mount Vema Majesty’s Government has issued a warning to Mount Vema entities, foreign service providers and the public dealing with its legal entities to use services provided under the domain www.mount-vema.com or www.mount-vema.com/....., not to fall victim of domain squatters. The warning comes after the security services have identified an increasing number of domain names uniquely associated with Mount Vema entities....read more | This article is available in PDF – Download

Hundreds of ships on final drills before construction, but no changes to ships and yachts registration fees

April 08, 2022 – The Registrar of Ships and Yachts of Mount Vema has confirmed that the territory is entering its final stages of preparation before construction activities begin to move from other countries to the Kingdom of Mount Vema. The Registrar which is an executive division of the Ministry of Maritime Affairs told VSBCnews that despite the number of ships expected to participate, in what is expected to become the largest and most complex construction projects in history, ships and yachts registration fees will remain unchanged. The Ministry said that the government is doing everything to make things easier for the merchant marine industry and ensure project participants enjoy protection under the laws of the Kingdom of Mount Vema. Mount Vema will continue to offer a sovereign open ship register....read more | This article is available in PDF – Download

Peter’s open letter of apology grants citizenship to old friends, former employees, and former investors

March 19, 2022 – His Majesty King Peter J. Goldishman has written an open letter to old friends, former employees, and investors who have patiently waited for him to reconnect. The expression of gratitude is for those who have demonstrated the importance of patience as a virtue and excludes the ones whose impatience and negative attitude towards him have made things worse. The letter says: During the early stages of the establishment of the...read more | This article is available in PDF – Download

Company registration now a self-service, as new levy on Mount Vema offshore companies comes into operation

March 12, 2022 – To register a company in Mount Vema has been made easier this week after The Mount Vema Companies Agency introduced a self-service company registration form on its official webpage. The service was expected this month after sources told VSBCnews in February that the Companies Agency was planning to introduce it this month as soon as His Mount Vema Majesty’s Revenue Services introduced the levy on corporations that can demonstrate...read more | This article is available in PDF – Download

Exceptions will apply to ‘work permit age limit policy’ introduced to maintain a fully funded state pension

February 26, 2022 – The Mount Vema government has confirmed in a written statement made available to VSBCnews that there will be exception to the new policy introduced to limit the number of work permits issued to people over 55 years of age. The policy was introduced this month to ensure that applications for work permits are granted as matter of priority to people from 21 to 55 years of age, as part of a plan to maintain the state pension fully funded. However, the...read more | This article is available in PDF – Download

Mount Vema needs more legal professionals - Attorney General tells the Ministry of Law

January 18, 2022 – Royal House of Law tells the Ministry of Law and Constitutional Affairs to speed up the process of educating, training, and attracting legal professionals to the Mount Vema legal system. A source told VSBCnews. The Royal House of Law which is the Office of the Attorney General of the Kingdom of Mount Vema, and the institution where if a point of international law is involved, its decisions are bound on all courts in the Kingdom...read more | This article is available in PDF – Download

Ministry of Fisheries ready to process applications for Fishing Vessel Licenses

January 11, 2022 – The Mount Vema Ministry of Fisheries and Maritime Affairs has confirmed on Monday that it is ready to start processing applications to issue permits for fishing vessels. The confirmation comes after the Ministry announced in December 2021 that it would be issuing permits for fishing vessels interested in operating within the commercial fishing zones of the Vema Seamount territorial waters. Ministry officials told...read more | This article is available in PDF – Download

List of Legal Entities published to stop false claims of working with Mount Vema

November 09, 2021 – His Mount Vema Majesty’s Government has published a webpage at www.mount-vema.com (the official site of the Kingdom of Mount Vema) with all the legal entities registered or operating under the laws of the Mount Vema territory. The webpage was created to counter an increasing number of companies registering outside of the jurisdiction of Kingdom of Mount Vema and claiming to be part or working with Mount Vema or Vema Seamount. The new webpage at (www.mount-vema.com/legal-entities) includes the list of Institutions of the Crown of the State...read more | This article is also available in PDF – Download

Banking Licenses, only 12 will be issued – Reserve bank authorizes the central bank to get started

January 31, 2022 – Another clear indication that the economy of Mount Vema is gaining momentum. The Royal Mount Vema Reserve Bank has authorized the Bank of Mount Vema (The Central Bank) to start processing applications for banking licenses. This time the Reserve Bank was very specific in the number of licenses it intends to issue through the Bank of Mount Vema and that number is likely to remain for the foreseeable future, or at least for the next 50 years...read more | This article is available in PDF – Download

Christmas Message 2021 – His Royal Majesty King Peter Goldishman of Mount Vema

December 24, 2021 – The Vema Seamount Authority has delivered his 15th Christmas Message and, just like his Christmas Messages of 2017, 2018 and 2019, the sovereign spoke again of the importance of living and working in harmony for the survival of humanity...read more

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