What are the documents required to establish a company in Papua New Guinea?

To establish a company in Papua New Guinea, you need to prepare the following documents:

1. Registered address of the company: A company must have a registered address. This address will be the address where the company's official documents will be sent and the company will be contacted.

2. Company name: You need to choose a name for your company. The company name must be approved by the Papua New Guinea government.

3. Company type: You need to choose a type for your company. The most common types of companies in Papua New Guinea are: sole proprietorship, limited liability company and joint stock company.

4. Company agreement: You must prepare a company agreement that regulates the establishment and operation of the company. This agreement should state the company's objectives, management structure, and shareholders' rights and responsibilities.

5. Shareholders: You need to identify the shareholders of the company. Shareholders make the company's decisions and participate in the management of the company.

6. Company directors: You need to determine the company's board of directors. The board of directors makes the company's strategic decisions and manages the daily affairs of the company.

7. Field of activity of the company: You must specify in which sector the company will operate. This is important for the company to obtain operating permits and licenses.

8. Tax registration: You need to register the company for taxes. This enables the company to meet its tax obligations.

9. Licenses and permits: Depending on the industry in which your company will operate, you may need to obtain special permits and licenses. For example, a company operating in the financial sector must have financial permits. After preparing these documents, you need to register your company by applying to the Papua New Guinea government. If your application is accepted, your company will be officially established.