Fiji
AI Agent Legal Status: undefined · Autonomy: none
Legal Framework
Fiji has no AI-specific legislation and has taken the most restrictive stance on digital assets in the Pacific. The Reserve Bank of Fiji (RBF) banned all cryptocurrency and virtual asset services effective August 30, 2025, under amendments to the Reserve Bank of Fiji Act 1983. Penalties include up to FJD 1 million in fines or 14 years imprisonment. Even advertising crypto services to Fijian residents is illegal. The National Anti-Money Laundering Council reaffirmed the ban citing limited supervisory capacity. No DAO recognition or AI agent frameworks exist.
Key Laws & Regulations
- ◆Reserve Bank of Fiji Act 1983 (amended 2025 - crypto ban)
- ◆Exchange Control Act
- ◆Companies Act 2015
- ◆National Anti-Money Laundering framework
Business Formation
Limited Liability Company, Foreign Branch. Minimum 2 shareholders and 1 resident director required. RBF approval needed for foreign shareholding. Foreign entity capital requirements range from FJD 0 to FJD 5M depending on activity. E-wallet business accounts mandatory (2025-2026 budget).
Tax Implications
Corporate tax rate 25% (increased from 20% in 2023). Listed companies taxed at 15%. Capital gains tax 10%. VAT at 12.5%. Withholding taxes on non-resident payments 5-15%. TIN mandatory for mobile wallet accounts from December 2025.
Opportunities
Very limited for AI agent/Web3 builders due to crypto ban. Potential for non-crypto AI service businesses using traditional company structures. Monitor for any future regulatory softening as the RBF modernizes its National Payment System.
Highlights
Political stability and established legal system. Listed company tax rate of 15% is competitive. Developing national AI strategy (in progress).
Risks & Challenges
Complete ban on all cryptocurrency and virtual asset services (August 2025). Severe penalties for crypto activities (FJD 1M fine / 14 years prison). Hostile to digital asset innovation. No AI regulation or framework. Restrictive RBF foreign exchange controls. Limited digital infrastructure compared to Australia/NZ.