Know different Business Types for your company in Timor-Leste.
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Business TypesDili, May 4, 2023, Executive Director of SERVE,IP, Mr. Florêncio da Conceição Sanches , and the team participated in the […]
SERVE,I.P. Publicated on 06/05/2023
Dili, May 3, 2023, Executive Director of SERVE,IP, Mr. Florêncio da Conceição Sanches was part of the team meeting with […]
SERVE,I.P. Publicated on 06/05/2023
Dili, April 11, 2023, SERVE, I.P. with the support of the IFC, the Government of Japan and Prosivu Australia, held […]
SERVE,I.P. Publicated on 28/04/2023
Dili, April 18, 2023, Business Registration Supervisor, Ms. Noemia Amaral, together with the work team and on behalf of the […]
SERVE,I.P. Publicated on 24/04/2023
Lautém, November 12, 2023, Executive Director of SERVE,IP, Mr. Florêncio da Conceição Sanches, spoke at the socialization event of the […]
SERVE,I.P. Publicated on 14/04/2023
Dili, April 11, 2023, SERVE,I.P. Senior Supervisor, Ms. Ana Jeannie Cortereal, in representing of Executive Director, and the team, held […]
SERVE,I.P. Publicated on 12/04/2023
Aileu, March 31, 2023, the working team for Timor-Leste’s accession to the World Trade Organization (WTO), which includes the Executive […]
SERVE,I.P. Publicated on 05/04/2023
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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