Register Company in PNG 2026

• Before registering your company in Papua New Guinea, it is very important to identify the most appropriate business structure based on your business ownership, scope, and expansion strategies. In Papua New Guinea, there are various flexible business structures for foreign investors, as follows: 
  • Limited Liability Company (LLC) 
  • Branch of Foreign Company 
  • Representative Office 
  • Partnership 
  • Sole Trader 
  • Association (Non-Profit Organizations) 

• Among these business structures, the most preferred business structures for international investors are the Limited Liability Company and Branch of Foreign Company. 

• This is where the lawyers and incorporation specialists at Tetra Consultants can assist in advising on the most suitable business structure based on your business objectives, ownership, and operations. 

• Our lawyers and incorporation specialists can also advise on the requirements for the appointment of the public officer, resident agent, compliance professionals, and other regulatory requirements under the Investment Promotion Act 1992, Income Tax Act 1959, etc. 

• Our accounting and tax specialists at Tetra Consultants can further advise on the tax implications and requirements to ensure that your Papua New Guinea company is efficiently structured from a regulatory and tax perspective. 

• Tetra Consultants’ lawyers and incorporation specialists will conduct a name availability search for your desired company name via the ORS (Online Registry System) hosted by the Investment Promotion Authority (IPA). Upon approval, your company name will be reserved for up to two months as regulated under the Business Names / Associations Acts. In addition, necessary documents may be lodged at IPA Haus for incorporation purposes. 

• The legal and licensing experts from Tetra Consultants will collect all necessary documentation for due diligence, such as passport copies, shareholder information, and corporate resolutions. We will also assist with appointing a local director, a public officer, and maintaining a registered address at all times to ensure compliance. 

• For foreign enterprises to be able to carry out their business activities, it is compulsory for them to have an IPA Foreign Enterprise Certificate. Tetra Consultants can help in the preparation of paperwork and guide one through the process of applying for this certificate. 

• In addition, our legal team at Tetra Consultants will prepare the Memorandum and Articles of Association, along with other company registration forms, needed for incorporation purposes. Our firm can also provide a registered office for your company at all times through our licensed registered agent services. 

• Our team of lawyers and incorporation specialists at Tetra Consultants will register the company with the Investment Promotion Authority once the application has been submitted.  

• Subsequently, our team of lawyers and incorporation specialists at Tetra Consultants will obtain the incorporation documents such as the Certificate of Incorporation, CoC (Certificate of Compliance), and COGS (Certificate of Good Standing) from the Investment Promotion Authority. 

• There is no minimum paid-up capital requirement in Papua New Guinea. According to Tetra Consultants, businesses should have sufficient capital for operational expenses and bank setup, with transparent and inclusive fees clearly outlined before engagement. 

• Once the incorporation process is complete, Tetra Consultants’ team of accounting and tax professionals will register the company with the Revenue House Internal Revenue Commission.  

• Our accounting and tax professionals will apply for a Taxpayer Identification Number using the myIRC system, as well as GST, withholding tax, and customs registrations where necessary. 

• Our lawyers and incorporation specialists will also assist with employee registrations, such as the NASFUND / Nambawan Super registrations, and Employment Act 1978 and Workers’ Compensation Act 1978 registrations, which will be necessary prior to the hiring of employees in Papua New Guinea. 

• Our lawyers and incorporation specialists at Tetra Consultants will work alongside reputable banks, both local and international, with corporate bank account opening for your company.  

• This includes the preparation of due diligence papers as well as the arrangement of remote onboarding, where possible, reducing the need for travel. 

• We can also assist with operational setup, including domain registration through Unitech (PNG University of Technology) for .pg domain registration. Payment gateway integration is also available through BSP Pay and Kina IPG for e-commerce businesses. 

• Our accounting and tax specialists can help with bookkeeping and financial statements. Our accounting and tax experts can help clients comply with the Income Tax Act 1959, IFRS adoption, and filing with the myIRC system. 

• Our accounting and tax experts can help clients comply with annual reporting obligations such as tax returns due on 28 February and financial statements due on 31 March. Resident companies face a 30% corporate tax rate, 48% for non-resident companies, 10% for GST, and 15% for withholding tax on dividends. 

Timeline to register company in PNG in 2026

• PNG company registration: 2 weeks 

• Corporate bank account opening: 4 weeks 

• Overall timeline: 6 weeks 

Can a foreigner register company in PNG in 2026

• The cost for government fees in registering a company in Papua New Guinea amounts to at least PGK 1,000 and may depend on the type of business entity, foreign ownership structure, and regulatory approvals such as the IPA certificate. 

• At Tetra Consultants, we will present you with a proposal detailing the cost for registering a company in Papua New Guinea, including the cost for obtaining an IPA certificate, incorporation of a company in Papua New Guinea, opening a corporate bank account in Papua New Guinea, and compliance requirements. 

• At Tetra Consultants, we have an itemized fee transparency approach, where all the costs for incorporating a company in Papua New Guinea are clearly presented to you before registration. 

Looking to register company in PNG?

• Tetra Consultants works as your advisor and trusted partner in your business expansion and company registration in PNG. With our own team of lawyers, incorporation specialists, compliance team, and accountants, we provide clients with clear, practical guidance to ensure compliance and success. Most importantly, we are known for being a one-stop solution for our valued clients. 

• Contact us to find out more about how to register a business in PNG. Our dedicated and experienced team will revert within the next 24 hours and provide you with advice for all your queries. 

FAQs