Fees and timelines in 2023
Fees
Papua New Guinea company incorporation costs in Year 1 amount to US$4,600 and annual company costs in Year 2 and thereafter amount to US$4,000. The average fee per Papua New Guinea company formation engagement amounts to US$17,830, which includes company registration and opening a local corporate bank account and all government fees. Refer to draft invoice embedded here.
| Different Papua New Guinea entity types | Cost | Draft invoice |
|---|---|---|
| LLC | US$17,830 | View invoice PDF |
| Branch | US$13,980 | View invoice PDF |
| Representative office | US$13,980 | View invoice PDF |
| PLC | US$16,480 | View invoice PDF |
| Fast nominee | US$25,280 | View invoice PDF |
Timelines
The average engagement period for Papua New Guinea business setup is 11 weeks:
