1. Starting a business
  2. Business Registration
  3. Register your business in Tarawa
  4. Foreign Investor
  5. Register as Foreign Investor
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Steps (4) arrow_drop_up arrow_drop_down
Register as Foreign Investor  (3) expand_more expand_less
Register your Foreign Investment  (1) expand_more expand_less

3
Submit Duly Completed Application Form
(last modified: 08/06/2021)

Costs

( ver detalles )

Timeframe ( ver detalles )

Espera hasta paso siguiente

AUD 3000
20 mn  -  40 mn
15 days  -  30 days

Contact details

Entity in charge

Ministry of Tourism, Commerce, Industry and Cooperatives (MTCIC)

Betio
Tel: 75126156 / 75126157/75126158
Email: admins@commerce.gov.ki
Website: http://www.mcic.gov.ki
Directions: Google maps

Unit in charge

Investment Promotion Division, Business Promotion Centre (BPC) - MCIC

Mon: 09:00 - 12:30, 13:30 - 17:15
Tue: 09:00 - 12:30, 13:30 - 17:15
Wed: 09:00 - 12:30, 13:30 - 17:15
Thu: 09:00 - 12:30, 13:30 - 17:15
Fri: 09:00 - 12:30, 13:30 - 17:15
Sat: closed
Sun: closed
Close for business on public holidays. Public holidays for 2024: 1 January; 8 March; 29 March; 1 April; 8 April; 3 May; 21 June; 11-12 July; 15 July; 5 August; 7 October; 9 December; 25-26 December.

Person in charge

Ntarie Tokanikai

Investment Information Officer
Tel: 75126156 / 75126157
Email: ntokanikai@commerce.gov.ki

Expected results

Letter confirming receipt of Application and required documents Letter confirming receipt of Application and required documents

Requirements

For everyone
1.
Passport (Biodata page) (original)
Certified copy also acceptable
2. Business plan
Business plan (original)
Business plans must have clear business plans
3.
Police Clearance Report from country of residence (original)
4.
Bank Reference/Referees. (original)
This should include reference from Business Bank Account
5.
Proof of Business Registration (from abroad) (original)
Certified copies acceptable
Share holders
1. Shareholders name(s) list
Shareholders name(s) list (original)
List with the name(s) of those associated with that Shareholding

Cost: AUD 3,000

AUD expand_more expand_less
  • AUD Add Name Here
AUD 500
Share capital or other capital up to A$25,000
AUD 1,000
Share capital or other capital above A$25,000 to A$250,000
AUD 1,500
Share capital or other capital above A$250,000

Time frame

Waiting time in queue: min   5mn - max  10mn
Attention at counter: min   15mn - max   30mn
Waiting time until next step: min   15 days - max   30 days

Legal justification

1. Foreign Investment Act, 2018
Foreign Investment Act, 2018
Article 14(1)(2)
2. Foreign Investment Regulation 2019
Foreign Investment Regulation 2019
Foreign Investment Act 2018 provides principle Act and provisions, the Regulations prescribes the forms, payment fees etc...

Additional information

If a company is being listed as a Shareholder, then the name(s) of those associated with that Shareholding Company must be provided to the Investment Promotion Division. Investors are encouraged to reserve their business name with the Registrar of Companies prior to being registered with the Investment Promotion Division. The certificate has a duration of one year and you must register the business whiting the year. The application can be done in-person or via e-mail.

Complaints: Ministry of Tourism, Commerce, Industry and Cooperatives (MTCIC)

Entity in charge

Ministry of Tourism, Commerce, Industry and Cooperatives (MTCIC)

Betio
Tel: 75126156 / 75126157/75126158
Email: admins@commerce.gov.ki
Website: http://www.mcic.gov.ki
Directions: Google maps

Unit in charge

Investment Promotion Division, Business Promotion Centre (BPC) - MCIC

Mon: 09:00 - 12:30, 13:30 - 17:15
Tue: 09:00 - 12:30, 13:30 - 17:15
Wed: 09:00 - 12:30, 13:30 - 17:15
Thu: 09:00 - 12:30, 13:30 - 17:15
Fri: 09:00 - 12:30, 13:30 - 17:15
Sat: closed
Sun: closed
Close for business on public holidays. Public holidays for 2024: 1 January; 8 March; 29 March; 1 April; 8 April; 3 May; 21 June; 11-12 July; 15 July; 5 August; 7 October; 9 December; 25-26 December.

Person in charge

Mr Tanawai Nimarota

Ag. Senior Foreign Investment Officer
Tel: +686 75126156 / +686 75126157
Email: tnimarota@commerce.gov.ki
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