The top four of the league qualify for the 2015 VFF National Super League and the lowest team relegates to the 2015–16 TVL First Division.
Before the season, the 2014 TVL Smile Cup was held as an opening tournament, with Tafea FC taking out the title.
Before the 2014–15 TVL Premier League, the TVL Smile Cup was hosted as an opening cup at Port Vila Municipal Stadium.
The 2014 TVL Smile Cup was won by Tafea.
The 8 teams participating were split into 2 groups, with the top 2 from each group advancing to the semi-finals, and the winners of the two semi-finals facing off in the grand final.