Step-by-Step Registration Process
REGISTRATIONBUSINESS
The business registration process in Timor-Leste includes: Initial Consultation with SERVE, Company Name Reservation, Document Preparation and Authentication, Application Submission to SERVE and Issuance of Business Registration Certificate.
The business registration process in Timor-Leste typically follows these steps:
Initial Consultation with SERVE: The process often begins with an initial consultation at SERVE. During this stage, investors can confirm their business type, receive guidance on specific compliance requirements, and clarify any doubts regarding the registration procedures. This step helps in understanding the regulatory landscape and preparing for subsequent stages.
Company Name Reservation: Before formal registration, the proposed company name must be reserved to ensure its uniqueness and compliance with government guidelines. This step prevents duplication and secures the desired business name.
Document Preparation and Authentication: This is a critical phase involving the preparation and authentication of all required legal and corporate documents. Key documents typically include:
Notarised copies of passports or other identification documents for all founders/shareholders.
Articles of Incorporation (or equivalent constitutional documents) outlining the company's purpose, structure, and operational rules.
Proof of capital, demonstrating that the minimum capital requirements have been met.
Any other documents specific to the chosen business structure or industry.
Application Submission to SERVE: Once all documents are prepared and authenticated, the complete application package is submitted to SERVE. The processing time can vary depending on the accuracy and completeness of the documentation, as well as the current workload of the agency. Ensuring all information is correct and consistent can significantly expedite this step.
Issuance of Business Registration Certificate: Upon successful review and approval of the application, SERVE issues a Business Registration Certificate. This certificate is the official document that legally permits the company to operate in Timor-Leste.