Know different Business Types for your company in Timor-Leste.
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Business TypesSERVE,IP as member of Core Team on Timor-Leste Accession to WTO have a meeting with WTO team from Geneva, Switzerland […]
SERVE,I.P. Publicated on 25/01/2024
SERVE,IP participate in the event of disclosure on Decree-Law of State Budget Execution for fiscal year 2024, lead by Minister […]
SERVE,I.P. Publicated on 25/01/2024
SERVE, IP welcoming the team from Timor-Leste Tourism Authority for their introduction as new Public Institute on Tourism created and […]
SERVE,I.P. Publicated on 24/01/2024
Mr. Sancho Fernandes, Executive Director of Aliansa Nacional Controlo Tabaku Timor-Leste ANCT-TL having a meeting with SERVE,IP to discuss future […]
SERVE,I.P. Publicated on 23/01/2024
SERVE,IP with TITL and relevant ministries meets to discuss agriculture investment plan from Tamara Group of Indonesia. Investment plan was […]
SERVE,I.P. Publicated on 23/01/2024
Díli, 18th January 2024, Meeting Mr. Sakollawat Thongcharoen, Chargé d’ Affaires, ad interim, discussion on technical assistance from NEDA-Neighbouring Countries […]
SERVE,I.P. Publicated on 23/01/2024
Mr. KON Yosuke, president of CWP Global Ltd, Japan meets with SERVE, IP to follow up the last year visit […]
SERVE,I.P. Publicated on 18/01/2024
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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