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The official TimorLeste government website. On July 22, 2019, the Ministry of Health celebrated for the third time the National Health Day with the theme "Lori Health ba ema hotu actu moris di''ak ho worthy" (Health for all people for a healthy life with dignity) at the Dili Convention Center.
DEMOCRATIC REPUBLIC OF TIMORLESTE GOVERNMENT DecreeLaw No. _1_/2016 of 09 February First amendment to DecreeLaw No. 20/2008, of 19 June, which created the National Petroleum Authority The Government of the Democratic Republic of TimorLeste is determined in continuing to create the necessary conditions for the socioeconomic development of
In TimorLeste, more than 150 students have graduated from the English Access program and more than half of the graduates from the 2009 and 2010 programs are currently studying abroad: 18 of them have gone on to receive International Scholarships to study Bachelor''s degrees in Englishspeaking universities in countries including the ...
TimorLeste''s Ministry of Petroleum and Mineral Resources (MPRM) has been talking with people around the country about a proposed law and code to license and regulate mining operations in the country. The first consultation was in Oecusse on 26 August, and another will take place in .
Mining Code approval latest achievement in fulfilling Government . Aug 15, 2016 . Official Spokesperson for the Government of Timor Leste . as manganese, gold, silver and copper, and non metallic mineral such as limestone.
Autoridade Nacional do Petróleo e Minerais (ANPM) is TimorLeste public institution, created under Decree Law No. 1/2016 of 9 February, 1st amendment of DecreeLaw /2008 of 19th June on the Autoridade Nacional do Petróleo (ANP), responsible managing and regulating petroleum and mining activities for in TimorLeste area, both offshore and onshore and in the Joint Petroleum Development ...
Jun 16, 2017· The TimorLeste Government hopes to attract investment in mining, and has created a national mining company, while Parliament is discussing a new Mining Law and Minerals Fund. However, La''o Hamutuk believes that it is unwise to promote mining in TimorLeste, as it comes with many social and environmental risks.
Valuable information and advice on taxation in East Timor. Austrade can help you to reduce the time, cost and risk of exporting to East Timor. Find out about the taxation in East Timor.
Government policy on the natural and mineral resources is clear; that is: to explore and develop with sound mining practice for the benefit of people of TimorLeste with special attention to the environment protection, and in a sustainable manner. In line with this spirit, the draft mining legislation, which is now
Jul 26, 2019· Detailed description of taxes on corporate income in TimorLeste. TimorLeste residents are subject to income tax on worldwide taxable income, where taxable income is essentially the difference between gross income and allowable deductions.
to the Government of the Democratic Republic of TimorLeste and that each of the actions detailed in your letter will occur expeditiously and will be completed prior to the entry into force of the Treaty. I have the further honour to confirm that your letter together with this reply will constitute an arrangement between TimorLeste and ...
The withholding tax rate for income paid to nonresidents without a permanent establishment in TimorLeste is 10%. Rent Payments: payer withholds the tax, unless payer of rent is an individual All rent payments are subject to withholding tax which is required under the law to be withheld and remitted by the payer (Section 55, Taxes and Duties ...
1 Submission on Proposed TimorLeste JPDA Taxation Regime Principal Issues 1. Limitation on Tax Deductions Article of the TimorLeste Petroleum Taxation Act 2004 (the "Act")disallows tax deductions for costs which are "disallowed" as recoverable under the PSC.
Potentially billions of dollars of tax is being withheld from the government of East Timor by some of the world''s richest oil and gas companies operating in the Timor Sea, Four Corners has revealed.
These are the following: statutory tax regime, tax regime that relates to companies operating under Production Sharing Agreements and tax regime that relates to companies operating under Host Government Agreements. The statutory tax regime is applicable to all companies operating in Azerbaijan, except for those, who are involved into oil and ...
This Guide to Law Online TimorLeste contains a selection of Timorese legal, juridical, and governmental sources accessible through the Internet. Links provide access to primary documents, legal commentary, and general government information about specific jurisdictions and topics.
TimorLeste''s Validation commenced on 01 July 2016. On January 11 2017, the EITI Board found that TimorLeste has made meaningful progress in implementing the 2016 EITI Standard. Validation is the EITI''s quality assurance mechanism and measures the progress countries have made in meeting the requirements of the EITI Standard.
After almost five years in preparation, the Council of Ministers of TimorLeste approved earlier this month the country''s first draft mining code. Since 2002, when TimorLeste regained its independence after a long period of military occupation by Indonesia, the country had no legal framework for the licensing of mining mining ...
Broadly, the tax regime in the JPDA is the same as that in TimorLeste''s sovereign territory (outlined above) with the key difference being that 90% of the revenue or profit derived from the JPDA is subject to tax in TimorLeste by virtue of the Timor Sea Treaty ("TST") with Australia.
With its longstanding dispute with Australia over the Timor Sea resolved, neighbouring TimorLeste looks set to expand its petroleum and mineral industries. Meanwhile, its government is actively seeking investors in agriculture and fisheries, tourism and services, according to Abel Guterres, TimorLeste Ambassador to Australia.
Tourism has a considerable potential for Timor Leste''s economic development. This sector is still at a very early stage of its development. It is an opportunity sector largely due to the location of TimorLeste in the Asia Pacific region, and it is a market that is expanding.
Creating a Mining Code for TimorLeste Dezenvolve Kódigu Mineiru ba TimorLeste. 20 April 2017. Updated 6 October 2019. ... TimorLeste''s draft Mining Code was approved by the Council of Ministers on 9 August 2016 and celebrated in a government press release the ... the Government approved a revised version of the Mining Code and Parliament ...
Jan 28, 2014· MCC is an independent Government foreign aid agency based on the principle that aid is most effective when it reinforces good governance, economic freedom and investments in people. ... the MCC Board of Directors selected TimorLeste as eligible to develop a compact. ... Millennium Challenge Corporation Visits TimorLeste to Discuss New ...
Jul 26, 2019· TimorLeste residents are taxable on a worldwide income basis, while nonresidents are taxable only on the income sourced from TimorLeste. Residents earning foreignsourced income may receive a foreign tax credit (see the Foreign tax relief and tax treaties section).TimorLeste individual taxpayers are subject to income tax on their taxable income, which is essentially the difference .
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