Know different Business Types for your company in Timor-Leste.
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Business TypesTeam from Gabinete Avaliasaun, Lisensiamentu no Akreditasaun (GALA) Ministry of Education meets team from SERVE, IP with objective to find […]
SERVE,I.P. Publicated on 08/02/2024
Mr. Nick Borthwick Deputy Head Mission/First Secretary – Development meeting with Florencio Sanches to discuss the private sector development and […]
SERVE,I.P. Publicated on 07/02/2024
The World Bank and Ministry of Trade and Industry held the 6th Steering Committee meeting to discuss the TIP-Trade Information […]
SERVE,I.P. Publicated on 07/02/2024
SERVE,IP as member team for review an investment proposal participate in the meeting to discuss Special Investment Agreement that proposed […]
SERVE,I.P. Publicated on 02/02/2024
SERVE,IP meets with Mr. Aires Aparicio the RDTL Commercial Attache to China, based in Beijing to discuss law and regulations […]
SERVE,I.P. Publicated on 02/02/2024
Members of SERVE, IP as a Technical Core Team on Timor-Leste Accession to the WTO, are attend a Coordination Partners’ […]
SERVE,I.P. Publicated on 29/01/2024
Representative of Japan’s Tsuneishin Shipbuilding Co. Ltd meet with SERVE,IP and Tradeinvest,IP to discuss the requirements of business registration and […]
SERVE,I.P. Publicated on 25/01/2024
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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