How to Register a Business Name in Papua New Guinea

How to Register a Business Name

SME

An explanation on how to go about registering a business name for you as a sole proprietor or for your company.

Registering a business name in Papua New Guinea (PNG) involves a process governed by the Investment Promotion Authority (IPA). Below are the steps to register your business name:

1. Check Business Name Availability

Search the IPA Database: Visit the IPA Online Registry to check if your desired business name is available.

• Ensure that the name is unique and not already registered by another business.

2. Create an IPA Account

Online Registration: Create an account on the IPA’s online portal (IPA Online Registry).

Documents Required: You’ll need a valid email address and identification to register.

3. Submit a Business Name Application

Log in to the IPA Portal: Use your account to access the business name registration form.

Provide Information:

• Proposed business name

• Business activity description

• Business address

• Applicant’s details (e.g., name, address, and contact information)

4. Pay the Registration Fee

• The business name registration fee is PGK 200.

• Payment can be made online via:

• Bank transfer

• Debit/credit card

• Direct deposit at designated banks

• Retain the receipt as proof of payment.

5. Wait for Approval

• The IPA will review your application, which usually takes 1-2 working days if all information is correct.

• You will receive an email notification once the name is approved and registered.

6. Receive the Business Name Certificate

• Download the Certificate of Business Name Registration from the IPA portal after approval.

• Keep this document as proof of your business’s legal existence.

7. Register for Tax (Optional)

• Depending on your business type, you may need to:

• Register for a Taxpayer Identification Number (TIN) with the Internal Revenue Commission (IRC).

• Consider applying for Goods and Services Tax (GST) registration if applicable.

8. Renew the Business Name

• A business name registration is valid for 3 years. Ensure timely renewal through the IPA portal to avoid penalties.

Additional Tips

Consult IPA Guidelines: If you are unsure about the process, the IPA provides detailed guides and FAQs on its website.

Seek Professional Help: Consider engaging a lawyer or consultant familiar with PNG business laws for assistance. We recommend VAI IP Commercial and you can contact them on this email [email protected].

For further inquiries, contact the IPA directly via their website or visit their office in Port Moresby.

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