Toksave - Allens PNG Monthly Regulatory Update - May 2021

• Papua New Guinea
• https://www.allens.com.au/contact-us/offices/port-moresby/

Allens is a leading international law firm with a long and proud heritage of shaping the future for our clients, our people and the communities in which we work.

From playing a pioneering role in the development of legislation and regulatory frameworks in the Asia region for almost 200 years, to acting on numerous 'firsts' across a range of industry and community issues, it is in our DNA to make a difference and help shape what our world looks like.

Over this time, we've grown in scale and reach, today offering clients a global network of 40 offices in 28 locations through our global alliance with Linklaters.

We are privileged to hold some of the world's longest ongoing client relationships, stretching back more than 170 years, and we're committed to bringing our talent, expertise and insights to continue solving their toughest problems and creating ways forward to help them thrive. New and exciting market entrants sit alongside these established companies in our client base, drawn to working with us through the innovative re-packaging of our services for the growing and fast paced start-up market.

Papua New Guinea has enjoyed high economic growth in recent years and continued foreign demand for PNG's commodities has positive implications for the country's broader future development.

The current government has embarked upon a wide range of reforms and initiatives, including the establishment of an Independent Commission Against Corruption and a review of taxation, particularly resource project taxation.

We practice local and international law and represent many Papua New Guinean, foreign and multinational companies on their investments and business interests, both in PNG and overseas. Our lawyers from PNG and Australia have extensive local and international experience.

We are experienced in energy, resources and infrastructure; corporate and commercial; banking and finance; international trade; privatisation; litigation and dispute resolution; foreign direct investment; employment law; project finance; and capital markets.

Our work in PNG has included acting on some of PNG's most important resources projects and commercial transactions. This experience is complemented by our close relationships with government and regulatory authorities.

We have unparalleled knowledge of PNG's business environment, developed over decades of advising PNG's key industry participants and new entrants to this emerging market.

We have extensive experience working with the PNG Government on a number of reform projects and have deep knowledge of PNG's legislative process, having been involved in the formulation, drafting and passage of a variety of PNG statutes.

Language capabilities

English, Pidgin, Motu

Click here to view the author's profile