All foreign enterprises wishing to set up businesses in Papua New Guinea must apply for a formal Investment Promotion Authority Certificate.

This is processed by the Companies Office of Papua New Guinea, a division of the IPA. 

The proposed changes are intended to update the Companies Act to bring it in accord with ever-changing trends in corporate governance, while the Business Names Act aims to bring it in accord with modern trends aimed at simplifying business name registrations and making the legislation easier for small enterprises to understand. 

Preparations are underway for the staging of the 28th Australia Papua New Guinea Business Forum and Trade Expo.

The event will be held at the Brisbane Convention and Exhibition Centre in Brisbane, Australia from May 13- 15 2012.

Click here for more information and to download the conference registration form.