PNG IPA Online Registry System Progressing Well

 The Papua New Guinea Investment Promotion Authority’s (IPA) new online registration system has been progressing really well since it was rolled out in December last year.

IPA Managing Director Clarance Hoot told this newsroom yesterday (Tuesday 21st March) in Port Moresby that the new system is progressing well but has been very slow and not up to the speed but that was anticipated.

Mr. Hoot said the new online registration system replaces the old system with all the data moved into the new system so far 11,000 companies/businesses have been registered using this system.

Mr. Hoot says IPA is undertaking a cleansing exercise of the database moving limited data into the system allowing business entities to re-register using the re-registration exercise and the companies are expected to feed in their own data free of charge.

He adds that non-compliance companies with outstanding fees irrespective of the years the fees will be waged and they are required to pay a fee of K500 to update their data.

Meanwhile Mr. Hoot also clarified on the two series of weekend shutdowns of the Online Registry System (ORS).

Mr. Hoot says the purpose for these planned shutdowns is to allow for uninterrupted data migration from the old to the current database respectively.

FM100 / Tech Pacific 


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