Functions
- The division maintains a national registry of all companies, associations, business groups and business names in Papua New Guinea.
- The Registry is open to the public to conduct searches on companies, associations, business groups and business names and to obtain copies of registered documents. The office also provides respective forms for registration of the respective business entities and other forms for compliance purposes.
- In addition, there are other legislative requirements by other agencies and professional independent advice must be sought.
- Failure to comply with the legislations administered by the Companies Office may result in administrative penalties or prosecutions that may follow jail sentences or fines or both against company officials and the company itself.
The latter can only be fined. Also the company can be de-registered. The nature of penalty, whether administrative or others, and deregistration of a company depends on the severity of the offences.
