How To Register A Small Business In Png
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How to register a small business in png. A proposed company must have the following. To register a business click the link and fill up the online ipa registration form. As the main authority on all things to do with tourism in country one of our mandates is encouraging both local and foreign investment in png s tourism. I know starting business in png can be confusing for newbies who have never traveled that path before. After receiving your application we will respond with payment details and other instructions.
Starting a business can be a troublesome endeavor for anyone especially when in a country as unique and raw as papua new guinea. Download the application form on the ipa website you can also apply online. The other option is for a company that is incorporated registered under the laws of another country overseas to register as an overseas company under the companies act 1997. The government has a range of direct and indirect taxation incentives based incentives for large and small proposals. The first option is to incorporate a new company in png.
All company registrations in papua new guinea are taken care by investment promotion authority ipa. Fill the forms and lodge in the forms at ipa office. Decide on the business name that you want to register 2. If you are a small to medium entrepreneur sme with an annual turnover of less than k1 000 000 00 bsp sme business has solutions for all your business banking needs. Therefore i have prepared this guide to help you from start to the end.
Here is the definitive guide to starting a small business in papua new guinea png. Download business name registration form. A foreign company has two 2 options when registering with the business registration regulation division. All business name registrations are taken care by papua new guinea investment promotion authority ipa. Anyone wishing to register a company has to contact the people at ipa.
Download company name registration. In fact most would be entrepreneurs whether local or foreign born shy away from actually starting something. One or more shareholders 4. Visit their office in konedobu in port moresby or visit ipa website www ipa gov pg or you can directly download the forms following the links below. Take this guide and modify it to suit.