Timor-Leste government plans to publish Investment Guide

21 March 2016

An Investment Guide for Timor-Leste (East Timor) will be published at a forum to present Timor-Leste to foreign investors, taking place this year in Dili, under a contract to provide services signed between the local government and the company EY Portugal.

The statement said that the contract signed between TradeInvest Timor-Leste and EY Portugal is the result of the Timorese agency’s focus “on foreign investment as a lever for economic growth and sustainable development of the country whilst promoting the territory to potential foreign investors.”

The statement cited by Portuguese news agency Lusa specifies that “the structure of the guide is based on key points about the country – geographical position, international accessibility, economic areas in which it is inserted – as well as background information on legal, financial and tax matters”

“Information on sectors and regions of opportunity, as well as reform programmes that have already approved by the government are other issues to be addressed in the Investment Guide for Timor-Leste” whose working team consists of consultants EY Portugal and technicians TradeInvest Timor-Leste.

EY Portugal is an associated company of Ernst & Young Global Limited, specialized in providing insurance, tax, transactions and advisory related services. (macauhub/PT/TL)