Know different Business Types for your company in Timor-Leste.
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Business TypesDili, June 2, 2023, Executive Director of SERVE,IP, Mr. Florencio da Conceição Sanches, was part of the meeting held this […]
SERVE,I.P. Publicated on 02/06/2023
Dili, May 31, 2023, Executive Director of SERVE,IP, Mr. Florêncio da Conceição Sanches joins members of the Multi Stakeholder Working […]
SERVE,I.P. Publicated on 31/05/2023
Dili, May 16, 2023, SERVE, I.P. realized socialization for the implementation of decree-law number 83/2022 of November 23, invited to […]
SERVE,I.P. Publicated on 23/05/2023
Dili, May 15, 2023, Executive Director of SERVE,IP, Mr. Florêncio da Conceição Sanches, participates in the launching of the national […]
SERVE,I.P. Publicated on 17/05/2023
Dili, May 12, 2023, Executive Director of SERVE, I.P., Mr. Florêncio da Conceição Sanches, opened the training session for SERVE,I.P. […]
SERVE,I.P. Publicated on 17/05/2023
Dili, May 12, 2023, Executive Director of SERVE, I.P., Mr. Florêncio da Conceição Sanches, met with the Director of the […]
SERVE,I.P. Publicated on 16/05/2023
Dili, May 11, 2023, Executive Director of SERVE,IP, Mr. Florêncio da Conceição Sanches, made a visit to the Timor-Leste Association […]
SERVE,I.P. Publicated on 11/05/2023
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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