The suspect is currently in custody and will appear at the Vava’u Magistrates Court on February 2.
He is charged with possession of illegal firearms and grievous bodily harm.
A woman who was allegedly shot remains admitted at Ngu Hospital.
The doctor-in-charge at the hospital, Dr Sione Lee said the woman will require surgery at Vaiola Hospital in Nuku’alofa to remove a bullet in her body.
Dr Lee said they have prepared for the victim to be evacuated to Vaiola Hospital.
A second woman allegedly suffered minor injuries and was treated and released.
The shooting allegedly took place at Vaipua Bridge in Neiafu.
An investigation is continuing into the report.