DILI, 12 March 2025 (TATOLI) – The Government of Timor-Leste has approved the Export Promotion Law, presented by Vice Prime Minister Francisco Kalbuadi Lay in his capacity as Coordinating Minister of Economic Affairs.
“This legislative initiative aims to establish a legal framework to facilitate and encourage the export of goods and services, strengthen the competitiveness of the national private sector, and promote a favourable environment for foreign trade and foreign investment,” said in a statement.
The legislation aligns with the National Strategic Development Plan guidelines and Timor-Leste’s international commitments, including membership in the World Trade Organisation (WTO) and ASEAN.
The main measures introduced include simplifying export procedures, eliminating unnecessary bureaucratic requirements and ensuring greater predictability for economic operators.
“The law also provides for the establishment of tax and administrative incentives for exporting companies, the formal recognition of certified companies and the implementation of a one-stop shop to facilitate the export process,” the statement read.
The legislative also establishes rules for training exporters, especially small and medium-sized companies, and promotes special economic zones to attract industries aimed at the foreign market.
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