What are the types of companies in East Timor?

There are various types of companies in Timor-Leste. The most common among these are:

1. Limited Liability Company: This type of company is the most commonly preferred type of company. Partners have limited liability for the company's debts and the company's capital is divided into shares.

2. Public Limited Company: This type of company is a company whose shares are open to the public and can raise capital from the public. It is managed by bodies such as the board of directors and general assembly.

3. Cooperative: Cooperatives are businesses established for the purpose of members to engage in economic activities through partnership. It has a non-profit structure that aims to benefit its members. 4th Person Company: These types of companies are small-scale businesses established between a single person or partners. Sole proprietorships have unlimited liability because they equate business owners' personal assets with business capital.

5. Foreign Company Branch: A foreign company opens a branch or representative office in East Timor. The foreign company bears the legal and financial responsibility of the parent company and has a limited scope of activity. These types of companies are the most common among businesses operating in Timor-Leste. However, each type of company is subject to certain requirements and regulations, and it is important to comply with local laws. When choosing the type of company, it is recommended that you seek support from an expert consultant or local authorities.