Understanding Small Business Tax Compliance in Papua New Guinea

Understanding Small Business Tax Compliance in Papua New Guinea

Papua New Guinea (PNG) is a country rich in natural resources, offering vast opportunities for small businesses to thrive. However, navigating the terrain of tax compliance can be challenging for small business owners. In this article, we will delve into the key aspects of small business tax compliance in Papua New Guinea, offering insights into … Read more

The Future of E-taxation in Papua New Guinea

The Future of E-taxation in Papua New Guinea

Papua New Guinea (PNG), a country renowned for its diverse culture and rich natural resources, stands at the cusp of a digital revolution. As it embraces modernization, the implementation of e-taxation is poised to transform its financial and administrative landscape. This article explores the anticipated changes and benefits that the future of e-taxation holds for … Read more

The Judiciary and Court System in Papua New Guinea: An Overview of Justice and Legal Framework

The Judiciary and Court System in Papua New Guinea: An Overview of Justice and Legal Framework

Papua New Guinea (PNG), a unique and culturally rich nation in the Pacific, boasts a distinctive judicial and court system that plays a crucial role in maintaining law and order within its diverse society. As a country of over 800 languages and many ethnic groups, PNG’s judiciary is tasked with balancing traditional practices with modern … Read more

Understanding Capital Gains Tax in Papua New Guinea

Understanding Capital Gains Tax in Papua New Guinea

Papua New Guinea (PNG), a country located in the southwestern Pacific, is known for its rich cultural diversity and abundant natural resources. As PNG continues to develop economically, understanding its tax regulations, including the Capital Gains Tax (CGT), becomes increasingly important for both local and international investors. Context of Business in Papua New Guinea Papua … Read more

Customs Duties and Import Taxes in Papua New Guinea: A Comprehensive Guide

Customs Duties and Import Taxes in Papua New Guinea: A Comprehensive Guide

Papua New Guinea (PNG) is a country rich in natural resources and cultural heritage, located in the southwestern Pacific Ocean. As PNG continues to expand its economy and engage in international trade, understanding the intricacies of customs duties and import taxes becomes essential for businesses, investors, and trade partners. This guide provides a comprehensive overview … Read more

Understanding VAT and GST: Sales Tax Essentials for Papua New Guinea Residents

Understanding VAT and GST: Sales Tax Essentials for Papua New Guinea Residents

Sales tax is a crucial component of a country’s economic framework, directly impacting consumers, businesses, and the government. In Papua New Guinea (PNG), the terms VAT (Value Added Tax) and GST (Goods and Services Tax) are often used interchangeably, leading to some confusion among residents. This article aims to demystify VAT and GST, offering a … Read more

The Integral Role of Village Courts in Papua New Guinea’s Justice System

The Integral Role of Village Courts in Papua New Guinea’s Justice System

In Papua New Guinea (PNG), a country characterized by its rich cultural diversity and complex societal structures, the village courts play an indispensable role in delivering justice and maintaining peace within communities. These courts stand as a pillar of the country’s justice system, bridging the gap between customary law and the formal legal framework, ensuring … Read more

The Intricacies of Contract Law in Papua New Guinea

The Intricacies of Contract Law in Papua New Guinea

Papua New Guinea (PNG) presents a unique landscape for business as it straddles traditional practices and modern legal frameworks. Understanding contract law in PNG is essential for both local and international businesses aiming to operate in this diverse and resource-rich nation. **Legal Framework** The legal foundations of contract law in Papua New Guinea are derived … Read more