PNG Business Legislation: Formalizing Frameworks

Section role: supports the 'Mapping PNG Business Legislation' section while the teacher uses student discoveries from the Port Moresby challenge to build a conceptual framework on the board. Slides: (1) Title — 'Mapping PNG Business Legislation'; (2) Why Laws Matter — bullets: defining regulation and compliance, protecting local commerce in PNG; (3) The IPA & Business Names — bullets: role of the Investment Promotion Authority, registering a business vs. incorporating; (4) The Companies Act 1997 — bullets: governing corporate rules, sole trader versus proprietary limited company; (5) The IRC & Taxation — bullets: role of the Internal Revenue Commission, Tax Identification Number, Goods and Services Tax; (6) Employment and Local Obligations — bullets: basic worker rights and safety standards under PNG law; (7) Myth vs. Fact — bullets: addressing the misconception that registration is only for large corporations. Closing slide: 'Which agency do you visit first for your mobile repair shop: the IPA or the IRC?' — sets up the compliance check-up activity that follows.

Lara from Teachy