• Legal Framework

    In-depth coverage of the local legal framework for business is an integral part of OBG’s analysis. Working in partnership with a leading local law firm, we review foreign investment laws, ownership restrictions, requirements for local partners and labour laws, among other topics.
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Parliament passed the Mining Amendment Bill 2020 and the Oil and Gas Amendment Bill 2020 on July 10, 2020. These bills will significantly change the mineral, and oil and gas sectors, and will take effect following their certification by the speaker of Parliament. The mining bill intends to give the state an avenue to directly participate in...

 

GOVERNMENT STRUCTURE: There are three levels of government in Papua New Guinea: national, provincial and local. The legislative powers of these governments are regulated by the constitution and the Organic Law on Provincial Government and Local Level Government (Organic Laws). Each level has its own distinct law-making powers. The...

Chapter | Legal Framework from The Report: Papua New Guinea 2020

This chapter explores Papua New Guinea’s legal system across the national, local and provincial levels, including the laws that may impact a foreign enterprise in its business dealings in PNG; the taxes and import duties imposed on individuals and business organisations; the rules regarding the use of customary land; and the conditions under which citizens of the country can be employed. The...

The economic downturn resulting from lower global commodity prices and the completion of the PNG LNG project means the future of Papua New Guinea must be navigated with care. The country possesses plentiful natural resources, which, given effective management, could provide new revenue to spur diversification, as well as sustainable and equitable growth in all provinces.

 

The legal environment is a major factor in an investor’s decision to set up shop in a foreign country, as is the ease of doing business once the enterprise begins operations. Egyptian laws that are most relevant for foreign investors are those that regulate corporate operations, labour, investment and property.

Chapter | Legal Framework from The Report: Egypt 2020

This chapter explores Egypt’s legal system, including the laws that are most relevant for foreign investors. These include those that regulate corporate operations, labour, investment and property, as well as the regulations governing the country’s free zones. In recent years efforts have been made to ensure that local and international investors are treated equally, and a number of business...

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