How To Register A Small Business In Png

Anyone wishing to register a company has to contact the people at ipa.

How to register a small business in png. One or more shareholders 4. A foreign company has two 2 options when registering with the business registration regulation division. Invest in papua new guinea investors willing to explore business opportunities in papua new guinea have available to them numerous incentives to assist in their investment decision making. 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.

We offer finance for business growth and expansion together with accounts that meet your daily business needs or earn you interest on spare cash and innovate solutions that provide safe fast and convenient banking. Fill the forms and lodge in the forms at ipa office. Download the application form on the ipa website you can also apply online. You can register online or you can download application forms on their website. To register a business click the link and fill up the online ipa registration form.

Download company name registration. All business name registrations are taken care by papua new guinea investment promotion authority ipa. One or more shares 3. Download business name registration form. Take this guide and modify it to suit.

Here is the definitive guide to starting a small business in papua new guinea png. The government has a range of direct and indirect taxation incentives based incentives for large and small proposals. 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. The first option is to incorporate a new company in png. Here we outline few tips in forming a company.

In fact most would be entrepreneurs whether local or foreign born shy away from actually starting something. All company registrations in papua new guinea are taken care by investment promotion authority ipa. Starting a business can be a troublesome endeavor for anyone especially when in a country as unique and raw as papua new guinea. A proposed company must have the following. 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.