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News

PM invites Australian businesses to Fiji

October 16, 2015 8:00 pm

As Fiji seeks closer ties with Australia, Prime Minister Voreqe Bainimarama says Australian investors should take advantage of the positive climate in Fiji.

Speaking at the 22nd Australia Fiji Business Forum in Sydney Bainimarama said the business environment has never been better – as Fiji has been consecutively achieving above four percent economic growth.

“Fiji is very much open for business, with one of the lowest corporate and personal tax regimes in the region; a range of incentives including zero tax for investments in certain parts of the country; the modernization and upgrading of financial standards and standards of compliance to international best practice; plus a whole range of positive reforms that are making the process of doing business in Fiji easier and more attractive.”

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Bainimarama says Fiji has recently launched an Online Single Window Clearance System to speed up the investment process.

He says this Internet-based gateway allows any investor anywhere in the world to get your approvals from the critical agencies of the Fiji Revenue and Customs Authority, the Reserve Bank, Investment Fiji and the Registrar of Companies.

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