Businesses are able to operate in Papua New Guinea in the forms of: sole proprietor; partnership; joint venture; trust; or company. This list is not exhaustive, as PNG landowners are allowed to form companies or trusts to hold their interest in resource projects. There are specific rules for such entities. CORPORATE ENTITY REGULATIONS Most...
As the world grapples with fuel and energy shortages, countries like PNG, with huge deposits of minerals and hydrocarbons, are benefitting greatly. The government’s efforts to attract foreign investment and skills by providing direct assurance and various tax incentives has caught the attention of the international business community, which has...
The largest of the Pacific Island nations, Papua New Guinea (PNG) occupies the eastern half of New Guinea and hundreds of nearby islands. A mountainous and forested terrain has led to astonishing cultural and linguistic diversity, even as it inhibited development.
Unpredictability, government austerity and low growth projections for the global economy may be the norm for the next few years. To survive, sustain and grow in the adverse economic conditions since the credit crunch of 2007, companies have had to dispense with old assumptions and adopt more innovative practices to maintain their competitive...
Over the previous decade Jordan has witnessed the introduction of significant economic reforms designed to stimulate growth and increase the flow of foreign direct investment (FDI) into the country. Policy changes, combined with the rise of the kingdom as a secure haven in which companies can operate, have transformed the country into an attractive...
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