Know different Business Types for your company in Timor-Leste.
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Business TypesSERVE,IP was requested to have meeting by SEFOPE to share and update the new legislations on SERVE, IP to be […]
SERVE,I.P. Publicated on 15/03/2024
Timor-Leste National Commission on Anti Money Laundry hold meeting to discuss the face-to-face visit by Asia/Pacific Group on Money Laundry. […]
SERVE,I.P. Publicated on 15/03/2024
Ms. Noemia Amaral from SERVE,IP participate in the Launching of Rollout of ASEAN dashboard (TL IMPACT) that took place in […]
SERVE,I.P. Publicated on 15/03/2024
As a member of Timor-Leste EITI MSWG, SERVE,IP participate in the TL-EITI meeting to discuss: the follow up response status, […]
SERVE,I.P. Publicated on 12/03/2024
Deputy Governor of Central Bank lead by Mr. Rafael Borges and the team of SERVE, IP meet in Central Bank […]
SERVE,I.P. Publicated on 08/03/2024
Ministry of Petroleum and Natural Resources held the PSC Signing Ceremony between ANP and HTS Exploration Ltd on: PSC TL-OT-22-22, […]
SERVE,I.P. Publicated on 08/03/2024
On the March 6, 2024 both SERVE,IP and BNCTL-Banco Nacional de Comercio de Timor-Leste hold the meeting to discuss the […]
SERVE,I.P. Publicated on 08/03/2024
Please refer to Tax Law n. 8/2008, 30 of June by visiting www.mof.gov.tl at Ministry of Finance of Timor-Leste.
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The registration process may take 1 to 5 days and this is in accordance with the article 25.º – Deadline in the Decree-Law (DL) n. 16/2017, 17 of May – Business Registration and the registration process is free of charge.
The minimum share capital for the businesses or companies is US$ 1.00 and there is no maximum limit and for the Joint Stock Company the minimum value is US$ 50,000.00 and there is no maximum limit and the cost for the share is US$ 1.00 each, and while for Foreign Branch or Permanent Representative, the minimum share capital is US$ 5,000.00 and there is also no maximum limit. The share capital value is in accordance with New Law of the Company Act N. 10/2017, 17 of May.
Foreigners are allow to be member of board of the Director if she/he holds Working Visa or Permanent Residence Visa
If not, one of the member of the board of Director or Administration Council can be anyone with any citizen that holds Working Visa or Permanent Residence Visa.
There are 6 types and character of business and companies as follows:
Please refer to the business types section.
Yes, it is. Foreigners can own businesses and company up to 100% of shares, except petroleum and media communication that foreigners could own less than 100% of shares. Foreign business entity or it shareholders are allowed to own or subsidiary other business entity in Timor-Leste.
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