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Investment Approval Process
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The following steps must be undertaken by investors wishing to establish businesses in Fiji:
- FTIB registration must be done via submission of a completed application form On-Line: www.egov.gov.fj and accompanied by a registration fee of F$2,500 plus VAT.
- Applications take five working days to process. Once granted approval, a foreign investor holding the Approval Certificate must apply directly to the Reserve Bank of Fiji (RBF) who will:
- Approve issue and transfer of shares to non-residents
- Check veracity of individuals seeking transaction approvals where required by RBF procedures
- The investor will then need to apply to the Immigration Department who will:
- Check criminal history/connection and character as required by the Immigration Act
- Issue key post visas to foreign individuals
- The Office of Registrar of Companies (ORC) will then:
- Incorporates/register companies, reserve company names and registers business names
- Check that the enterprise complies with relevant legislation
- Fiji Inland Revenue & Customs Authority (FIRCA) will:
- Ensure ORC registration has been obtained prior to processing applications
- Register the enterprise for Income Tax, PAYE & VAT purposes, and issue Tax Identification Numbers (TIN) provided enterprises comply with application requirements.
Go to Application for Permits, Licences and Other Approvals View Foreign Investment Act
Information Registration Guide
Listed below are information summaries to guide any foreign investor on the requirements involved in foreign investment registration:
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Registering as a foreign investor with the Fiji Islands Trade & Investment Bureau (FTIB)
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Registering a company and a business name in Fiji with the Office of the Registrar of Companies
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Legal and regulatory requirements involved in opening a Bank Account.
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Requirements involved in obtaining a business license from local Authorities and District Officers – Municipal Councils & Rural Local Authorities.
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The regulatory requirements in obtaining the consent of the Minister for Fijian Affairs, Lands and Provincial Development to certain dealings in land as required under Fiji’s Land Sales Act – Department of Lands
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The requirements in obtaining foreshore leases or special licenses with respect to the foreshore- Department of Lands.
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Requirements involved in rezoning applications of land, obtaining Development, building approvals and to sub-divide land from the Department of Town & Country Planning.
Please feel free to contact either Kuini Rabo [email: kuini@ftib.org.fj] or Liz Baleidrokadroka [email: liz@ftib.org.fj] in the Investment Facilitation Unit for more information on the following:
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Requirements for company and business registration with the Office Of The Registrar Of Companies,
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Procedures for obtaning foreshore leases/special license from the Department of Lands and
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Approval for the sub-divide of land with Department of Town Country Planning.
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