Legal & Regulatory Framework
BUSINESS
Understanding the legal and regulatory framework is crucial for a smooth and compliant business operation in Timor-Leste. The government is committed to creating a transparent and predictable legal environment for investors.
Understanding the legal and regulatory framework is crucial for a smooth and compliant business operation in Timor-Leste. The government is committed to creating a transparent and predictable legal environment for investors. Key aspects include:
Investment Law: The Private Investment Law regulates investments and re-investments made by national and foreign entities.
Company Law: Governs the formation, operation, and dissolution of various business entities.
Labour Law: Outlines regulations concerning employment, wages, working conditions, and social security.
Taxation Law: Details the tax obligations for businesses and individuals (further details in the Taxation section).