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Decree-Law No. 30/2023 establishing measures to support micro, small and medium-sized companies.

Country/Territory
Timor-Leste
Document type
Regulation
Date
2023
Source
FAO, FAOLEX
Original source
Jornal da República, I Série, No. 20, 31 May 2023.
Subject
General
Keyword
Public private partnership (PPP) Legal proceedings/administrative proceedings Business/industry/corporations Subsidy/incentive Sustainable use
Geographical area
Asia, Asia and the Pacific, Indian Ocean, Least Developed Countries, Small Island Developing States, South-Eastern Asia
Entry into force notes
This Decree-Law enters into force the day after its publication.
Abstract

This Decree-Law defines a set of support measures for micro, small and medium-sized companies (MSMEs). It applies to MSMEs incorporated and registered in the national territory. MSMEs aimed at developing activities in the areas of: prospecting, research and production of gas and oil and the mineral resources extractive industry, as well as MSMEs that develop activities regulated in specific legislation, are excluded from the application of this Decree-Law. The Ministry of Tourism, Commerce and Industry, through the National Directorate of Support and Development for Micro, Small and Medium Enterprises, is responsible for monitoring the execution of the implementation process of this Decree-Law and ensuring the necessary procedures to achieve the objectives of promoting and supporting MSME.

Full text
Portuguese
Website
www.legis-palop.org