Know different Business Types for your company in Timor-Leste.
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Business TypesTimor-Leste participants and together with other participants from Cuba, Peru, Palestine, Pakistan, Sri Lanka, Sudan, South Africa, and Trinidad and […]
SERVE,I.P. Publicated on 20/09/2023
Dili, Tuesday, September 19, 2023, Executive Director of SERVE,I.P., Mr. Florêncio da Conceição Sanches, and team participate in the Asia/Pacific […]
SERVE,I.P. Publicated on 20/09/2023
Dili Convention Center, Saturday, September 16, 2023, Executive Director of SERVE,I.P., Mr. Florêncio da Conceição Sanches and Senior Supervisor, Mrs. […]
SERVE,I.P. Publicated on 18/09/2023
Dili, Friday, September 15, 2023, Executive Director of SERVE,I.P., Mr. Florêncio da Conceição Sanches, holds a coordination meeting with the […]
SERVE,I.P. Publicated on 18/09/2023
Dili, Thursday, September 14, 2023, Executive Director of SERVE,I.P., Mr. Florêncio da Conceição Sanches, participates in the institutional retreat with […]
SERVE,I.P. Publicated on 15/09/2023
Dili, Tuesday, September 14, 2023, Executive Director of SERVE,I.P., Mr. Florêncio da Sanches, Senior Supervisor, Mrs. Ana Jeannie Cortereal and […]
SERVE,I.P. Publicated on 14/09/2023
Dili, Monday, September 11, 2023, a group from the third training course for registrars/notaries from the General Directorate of Registration […]
SERVE,I.P. Publicated on 13/09/2023
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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