Doing Business with Timor-Leste

Importing goods into Timor-Leste involves several key steps. Here’s a detailed guide:

1. Register as an Importer

   • Ensure your business is registered with the Timor-Leste Customs Authority.

2. Classify Your Goods

   • Determine the Harmonized System (HS) code for your products to understand tariffs and duties.

3. Check Import Requirements

   • Verify any specific licenses or permits required for your goods.

4. Prepare Documentation

   • Gather necessary documents: commercial invoice, bill of lading, packing list, and certificate of origin.

5. Select a Customs Broker

   • Engage a licensed customs broker to assist with the import process.

6. Submit Import Declaration

   • File the import declaration with the Timor-Leste Customs Authority.

7. Pay Duties and Taxes

   • Calculate and pay any applicable import duties and taxes.

8. Arrange for Cargo Clearance

   • Coordinate with your freight forwarder or customs broker for the clearance and delivery of goods.

Key Contacts

• Timor-Leste Customs Authority
  • Website: Timor-Leste Customs Authority
• Ministry of Tourism, Commerce and Industry
  • Website: Ministry of Tourism, Commerce and Industry

Incorporating a company in Timor-Leste involves several key steps. Here’s a detailed guide:

1. Choose a Business Structure

   • Decide on the type of company, such as a Limited Liability Company (LLC).

2. Reserve a Company Name

   • Submit a name reservation request to the Serviço de Registo e Verificação Empresarial (SERVE).

3. Prepare Required Documents

   • Draft the Articles of Association and gather identification documents for directors and shareholders.

4. Register the Company

   • Submit your application to SERVE, including all required documents and the registration fee.

5. Obtain a Tax Identification Number (TIN)

   • Register with the National Directorate of Domestic Revenue to obtain a TIN.

6. Register for Social Security

   • Enroll employees in the national social security system.

7. Open a Bank Account

   • Open a corporate bank account to manage company finances.

8. Obtain Business Licenses

   • Apply for any industry-specific licenses or permits required for your operations.

Costs

• Registration Fee: Costs vary depending on the type and size of the business.
• Additional Fees: May include name reservation and licensing fees.

Key Contacts

• Serviço de Registo e Verificação Empresarial (SERVE)
  • Website: SERVE
• National Directorate of Domestic Revenue
  • Website: National Directorate of Domestic Revenue

Setting up a manufacturing plant in Timor-Leste involves several key steps. Here’s a detailed guide:

1. Conduct a Feasibility Study

   • Assess market demand, site suitability, and resource availability.

2. Choose a Business Structure

   • Decide on the type of business entity, such as a Limited Liability Company (LLC).

3. Register the Company

   • Register with the Serviço de Registo e Verificação Empresarial (SERVE).

4. Secure Financing

   • Arrange funding through banks or investors.

5. Select a Location

   • Choose an industrial area with access to necessary infrastructure and resources.

6. Obtain Necessary Permits and Licenses

   • Apply for environmental, construction, and operational permits from local authorities.

7. Design and Construct the Facility

   • Hire architects and contractors to design and build the plant according to regulations.

8. Purchase and Install Equipment

   • Acquire machinery that meets safety and operational standards.

9. Hire and Train Employees

   • Recruit skilled workers and provide necessary training.

10. Set Up Supply Chain and Distribution

    • Establish relationships with suppliers and distributors.

Key Contacts

• Serviço de Registo e Verificação Empresarial (SERVE)
  • Website: SERVE
• Ministry of Tourism, Commerce and Industry
  • Website: Ministry of Tourism, Commerce and Industry

Registering a trademark in Timor-Leste involves several key steps. Here’s a detailed guide:

1. Conduct a Trademark Search

   • Check the availability of your trademark through the National Directorate of Intellectual Property.

2. Prepare Your Application

   • Gather necessary details, including the trademark design and a list of goods/services.

3. File the Application

   • Submit your application to the National Directorate of Intellectual Property.

4. Pay the Application Fee

   • Fees vary based on the type and number of classes. Check with the Directorate for current rates.

5. Application Examination

   • The Directorate examines the application for compliance and potential conflicts.

6. Publication for Opposition

   • If approved, the trademark is published for opposition, allowing others to contest it.

7. Receive Registration Certificate

   • If no oppositions are filed, you will receive the official trademark registration certificate.

Costs

• Application Fee: Varies based on the number of classes and application type. Contact the Directorate for specific fees.

Key Contacts

• National Directorate of Intellectual Property
  • Website: Ministry of Justice

Resolving commercial disputes in Timor-Leste involves several key steps. Here’s a detailed guide:

1. Consult Legal Counsel

   • Engage a lawyer experienced in Timorese commercial law for advice.

2. Attempt Negotiation

   • Try to resolve the dispute amicably through direct negotiation between parties.

3. Mediation

   • Use mediation services to facilitate a resolution. This can be quicker and less costly.

4. Arbitration

   • Consider arbitration if available through recognized institutions.

5. Litigation

   • If necessary, file a lawsuit in the appropriate Timorese court. Be prepared for a formal legal process.

6. Enforcement of Judgments

   • Ensure the court’s or arbitration’s decision is enforced through the relevant authorities.

Costs

• Legal Fees: Vary depending on the complexity and duration of the dispute.
• Court Fees: Required for litigation, depending on the case specifics.
• Mediation/Arbitration Fees: Vary based on the service provider.

Key Contacts

• Ministry of Justice
  • Website: Ministry of Justice
• Chamber of Commerce and Industry of Timor-Leste
  • Website: CCI-TL

Social and Cultural Factors

• Language and Communication
  • Tetum and Portuguese are official languages. English and Indonesian are also used in business.
• Business Etiquette
  • Building relationships and trust is crucial. Understanding local customs and showing respect for hierarchy is important.

Political Environment

• Stability and Regulations
  • Timor-Leste is a semi-presidential republic. Stay informed about political developments and regulatory changes.

Economic Factors

• Foreign Exchange
  • The official currency is the US Dollar (USD). Monitor exchange rate fluctuations for budgeting and financial planning.
• Market Opportunities
  • Key sectors include oil and gas, agriculture, and tourism.

Legal and Regulatory Environment

• Rule of Law
  • The legal system is developing. Ensure contracts are clear and legally sound.
• Intellectual Property
  • Trademark and patent protection are available. Register your IP to secure rights.

Additional Considerations

• Infrastructure
  • Infrastructure development is ongoing. Assess transportation and communication facilities for specific needs.
• Corruption and Bureaucracy
  • Be aware of potential bureaucratic challenges and the importance of due diligence.

Key Resources

• Ministry of Tourism, Commerce and Industry
  • Website: Ministry of Tourism, Commerce and Industry
• Chamber of Commerce and Industry of Timor-Leste
  • Website: CCI-TL