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Investment Approval Process
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Investment Approval Process

For Investors  >  Doing Business in Fiji  >  Investment Approval Process

The following steps must be undertaken by investors wishing to establish businesses in Fiji:

1.   Office of Registrar of Companies (ROC) www.egov.gov.fj

  • Reservation of business/company name

2.   Investment Fiji

3.   Office of Registrar of Companies (ROC) will then:

4.   Immigration Department www.immigration.gov.fj

      The investor will then need to apply to the Department of Immigration who will: 

  • Check criminal history/connection and character as required by the Immigration Act
  • Issue key post work permits to foreign investors
  • Work Permit Checklist

5.    Reserve Bank of Fiji (RBF) www.reservebank.gov.fj

Once registered with Investment Fiji, a foreign investor holding a FIRC must apply directly to the RBF  who will:

  • Approve the issue and transfer of shares to non-residents
  • Confirm the remittance of investment from offshore
  • Check veracity of individuals seeking transaction approvals where required by RBF procedure
  • Issue & Transfer of Securities to Foreign Citizens

6.   Fiji Revenue & Customs Authority (FRCA) www.frca.org.fj 

  • Ensure ROC 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.
  • Tax Registration Checklist

7.  City/Town Council Business Licenses

8.  Fiji National Provident Fund www.myfnpf.com.fj

  • Registration of employee and employer – superannuation.

9.  Other Government Agencies – depending on the nature of business.
 

INFORMATION REGISTRATION GUIDE

Listed below are information summaries to guide  foreign investors on the requirements of foreign investment registration:

1. Legal and regulatory requirements involved in opening a Bank Account.

2. The requirements for obtaining other permits/licenses/approvals may be accessed through the following links:  

     Checklists:

      a) Foreshore Development – Department of Lands & Survey
      b) Coasting Trade License – Fiji Maritime & Safety Administration (FIMSA)
      c) FIMSA Registration Certificate – Fiji Maritme Safety Administration
      d) Survey Certificate – Fiji Maritme Safety Administration
      e) Domestic Air Operators – Department of Civil Aviation
       f) Quarantined Flights - Department of Civil Aviation
      g) Tariff Filings Permit and License for International Air Operators – Department of Civil Aviation
      h) Unscheduled Civil Aircraft Flights Over flight/Landing in Fiji - Department of Civil Aviation
       i) Special Site Right – Department of Mineral Resources
       j) Prospecting License - Department of Mineral Resources
      k) Special Mining Lease & Permit to Mine – Department of Mineral Resources
       l) CX & SPL - Department of Mineral Resources
    m) Mining incentives - Department of Mineral Resources
     n) Sawmill License – Department of Forests
     o) Harvesting Right License (RL) (Logging) – Department of Forests
     p) Treatment Plant Provisional Approval & Treatment Plant License – Department of Forests
     q) Liquor License – Office of Solicitor General
      r) Hotel License - Office of Solicitor General
     s) Short Life Investment Package – Ministry of Finance
      t) Standard Allowance – Ministry of Finance
     u) Native Lease approval – Native Land Trust Board
     v) Subdivision application – Department of Town & Country Planning
    w) Rezoning applications  - Department of Town & Country Planning
     x) Development & Building Permits - Department of Town & Country Planning
     y) Fishing License – Department of Fisheries


3. D1 Form

Once all required approvals have been obtained and the business commences commercial operations, it is mandatory for business to fill in and return a Declaration (D1) form to Investment Fiji. D1 form.

4. EXTENSION OF WORK PERMIT

Apply to the Department of Immigration three (3) months prior to the expiry of current key post work permit. A written request for a Progress Report must be submitted to the Investment Fiji concurrently. Refer to the Investment Fiji documentary requirement checklist. Work Permit Checklist


Please feel free to contact Ritesh Gosai on email: ritesh@investmentfiji.org.fj or any Investment Officers in Headquarters or Regional offices.