Invest In Papua New Guinea
Investors willing to explore business opportunities in Papua New Guinea have available to them numerous incentives to assist in their investment decision-making. The government has a range of direct and indirect taxation incentives based incentives for large and small proposals.
IPA Other Services
The IPA is the organisation that houses the Companies Office of PNG, the Securities Commission of PNG and the Intellectual Property Office of PNG, hence the roles and functions of the IPA is diversed.
The IPA is also the point of identification of markets for PNG exports and dissemination of investor- related information about PNG.
Default Companies list
This is to advise that the IPA has now removed the list of non-compliant companies from this page.
However, please note that this does not mean that all companies have complied.
Forms for Download
Application forms to register local companies, business names and associations are available under the Downloads section at the top menu.
For information on the prescribed fees see the bottom of this page under fee schedule.
Personal Property Security Registry now live
The IPA is pleased to announce that the Personal Property Securities Act Registry has gone live since May 9th 2016.
This means that IPA will no longer register charges under the Companies Act.
Clients will need to register their charges online by going to the “Do it online” tab and clicking the “PPSR” option under the Personal Property Security option.
For any further information, please email email@example.com
Legal review on the Investment Promotion Act
Consultations on the recent proposed changes ended in early April 2019.
The main aim of these changes is to achieve Government’s policy objective of protecting MSMEs that are owned and operated by citizens. In summary, the following changes are being proposed:
- Better definition of IPA roles and responsibilities
- New requirement for minimum investment level
- Clearer rules for reserving businesses that are citizen-owned and operated
- New rules for local-foreign partnerships in businesses
- Improved process for reviewing reserved and restricted activities
- Improved foreign certification process
- Better compliance and enforcement
These proposals are currently before Government for consideration and endorsement.
For more information, please email firstname.lastname@example.org
Instant change on company records when lodged online
The Investment Promotion Authority’s online registry service has now been enabled to instantly update certain records once they are lodged online.
This now means that once a client uses the online services to change records or data, the system will automatically update the entity records without an officer having to physically review the filed application.
The following business services no longer require review by IPA Registry staff: