Step 1: Optimal Business Structure Consultation for PNG Company Registration
Ensure a seamless company formation in PNG by choosing the right business structure aligned with your goals. Rely on Fionza Consultants for expert advice on the most suitable business entity, optimal paid-up share capital, corporate structure, and necessary business licenses.
Step 2: Name Reservation Through Investment Promotion Authority (IPA)
Let Fionza Consultants handle the search and reservation of your company name via the Investment Promotion Authority. After confirming availability in the IPA company register, we reserve your chosen name for a duration of up to 2 months.
Step 3: Document Preparation and Submission for Company Registration in PNG
Prior to company incorporation with the registrar of companies, furnish Fionza Consultants with essential KYC documents, including director names, company resolution, and identification proof. Our team will then draft required documents such as Memorandum and Articles of Association, business plan, and PNG IPA registration form for submission to the local authority.
Step 4: Tax Registration and Compliance
Post successful incorporation, Fionza Consultants assists in obtaining a Taxpayer Identification Number from the Internal Revenue Commission (IRC). For businesses involved in importing/exporting, we conduct a separate registration with the Commissioner of Customs and Excise.
Step 5: Corporate Bank Account Opening
Fionza Consultants initiates the process of opening a corporate bank account with your preferred reputable bank. In most cases, directors and shareholders may not need to travel. If required, our representative can accompany you to the bank or negotiate a conference call or waiver. Once the account is active, we dispatch the internet banking token and access codes to your specified address.
Count on Fionza Consultants for a comprehensive and SEO-optimized approach to navigating the steps for registering your company in Papua New Guinea.