Foreign companies may obtain registration by making an application in the correct form. Investors are advised to seek independent professional advice about forming legal structures which will best suit their needs. Investors should note that even though a foreign company registered in Papua New Guinea is incorporated in a foreign jurisdiction, it is still subject to the laws of Papua New Guinea as well as those of the jurisdiction of its own country.
A PNG-registered company has Papua New Guinea as its place of incorporation and is subject to the laws of Papua New Guinea.
A company incorporated in Papua New Guinea is required to have two directors, one of whom must be resident in the country. A foreign company registered in Papua New Guinea is required to appoint an agent who is a resident in the country.
All companies carrying on business in Papua New Guinea must register with the Registrar of Companies. It is an offence for a company to carry on business without registration with the Companies Office (within the Business Registration Division of the IPA).
The Trademarks Office exists to provide protection for property rights in respect of intellectual property held by persons both within and outside of Papua New Guinea who wish to carry on business in this country. Businesses are encouraged to register their trademarks in Papua New Guinea.
Brought to you by www.pngbd.com - Papua New Guinea Business Directory, source: The Investment Promotion Authority of Papua New Guinea