NETWORKING
Republic of Palau
Capital: Ngerulmud
HDI: 0.780 (60th)
Languages: English, Palauan
GDP (PPP): $288 million
Currency: US Dollar
Population: 17,948
The Republic of Palau is an island country located in the western Pacific Ocean. The country contains approximately 250 islands, forming the western chain of the Caroline Islands in Micronesia, and has an area of 466 square kilometres (180 sq mi). The most populous island is Koror. The capital Ngerulmud is located on the nearby island of Babeldaob, in Melekeok State. Palau shares maritime boundaries with Indonesia, the Philippines, and the Federated States of Micronesia.
The Imperial Japanese Navy conquered Palau during World War I, and the islands were later made a part of the Japanese-ruled South Pacific Mandate by the League of Nations. During World War II, skirmishes, including the major Battle of Peleliu, were fought between American and Japanese troops as part of the Mariana and Palau Islands campaign. Along with other Pacific Islands, Palau was made a part of the United States-governed Trust Territory of the Pacific Islands in 1947.
Politically, Palau is a presidential republic in free association with the United States, which provides defense, funding, and access to social services. Legislative power is concentrated in the bicameral Palau National Congress. Palau’s economy is based mainly on tourism, subsistence agriculture and fishing, with a significant portion of gross national product (GNP) derived from foreign aid. The country uses the United States dollar as its currency. The islands’ culture mixes Micronesian, Melanesian, Asian, and Western elements. Ethnic Palauans, the majority of the population, are of mixed Micronesian, Melanesian, and Austronesian descent. A smaller proportion of the population is descended from Japanese and Filipino settlers. The country’s two official languages are Palauan (a member of the wider Sunda–Sulawesi language group) and English, with Japanese, Sonsorolese, and Tobian recognised as regional languages.
RESEARCH
Economic Overview
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Palau: Economy | Asian Development Bank
https://www.adb.org/countries/palau/economy
This page describes Palau’s economic performance for the previous year and compares growth
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Palau | Data
http://data.worldbank.org/country/palau
Graph, map and compare more than 1,000 time series indicators from the World Development Indicators.
Industry Trends & Business Climate
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Republic of Palau | Pacific Business Center Program
http://www.hawaii.edu/pbcp/node/15
The Compact of Free Association for the Republic of Palau came into effect on October 1, 1994. The Compact established Palau as a sovereign nation and ensures a continuation of political, economic, and military links between the U.S. and Palau for the next 50 years.
Establishing a Presence
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[PDF]Republic of Palau Business Regulations and General Business …
http://www.uogonline.com/pcei/documents/Palau%20Business%20Regulations%20and%20Resource%20Manual%202006.pdf
Guide for establishing a business in Palua. PDF downloadable.
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Starting a Business in Palau – Doing Business – World Bank Group
http://www.doingbusiness.org/data/exploreeconomies/palau/starting-a-business/
Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Palau.
Taxes
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Paying Taxes in Palau
http://www.doingbusiness.org/data/exploreeconomies/palau/paying-taxes/
Detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as administrative burden in paying taxes and complying with postfiling procedures.
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Palau tax information
http://www.knowyourcountry.com/palau3.html
Simple table of tax rates
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Bureau of Revenue and Taxation | Palau National Government
http://palaugov.pw/bureau-of-revenue-customs-taxation/
Palau Government website for Revenue and taxation.
Visas
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Guide for Tourist Visas in Palau
http://visados.com/en/visa-for-Palau
Passports and alternative papers, or either of them, must be valid for at least 6 months on the date of arrival.
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ItsEasy Passport & Visa | Palau Visas
https://www.itseasy.com/visa-expediting/Palau/
To obtain your Palau Visa you will gather a list of required document and applications and deliver them to one of our offices (we offer both FedEx overnight or local office delivery options). We then work with the Palau Embassy or consulate office to have your visa issued.
Infrastructure
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Palau — Transportation
http://www.iexplore.com/articles/travel-guides/australia-and-south-pacific/palau/transportation
Palau transportation information.
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Palau Transportation – Taxi, Train, Bus & Airport Tips
https://www.virtualtourist.com/travel/Australia_and_Oceania/Palau/Transportation-Palau-TG-C-1.html
Palau — Transportation
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Welcome to Palau Telecoms
http://www.palautelecoms.com/
Palau Telecoms was pioneered by Palau Communications & Electronics Company (PCEC), which has been operating since 1987 under Palau Eqiupment Company Inc.
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Palau National Communication Corporation
http://www.palaunet.com/
The Palau National Communications Corporation (PNCC) is the Republic of Palau’s national carrier for local and international telecommunications services.
Employer Obligations
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Republic of Palau Labor Regulations
http://kshiro.web44.net/download/rop/palau_labor_regulations.pdf
PDF download of Republic of Palau Labor Law
Culture/Living
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Cost of Living in Palau | Palauan Cost of Living Comparison
http://www.globalpropertyguide.com/Pacific/Palau/currency-value
This is a cost of living indicator. The figure shows how much how much a bundle of goods and services costing US$1 in the US would cost in other countries (similar to The Economist’s Big Mac Index).
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Cost of Living in Palau. Prices in Palau
https://www.numbeo.com/cost-of-living/country_result.jsp?country=Palau
Average prices of more than 40 products and services in Palau. Prices of restaurants, food, transportation, utilities and housing are included.
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Palau – Culture, Customs & Etiquette
http://guide.culturecrossing.net/basics_business_student.php?id=158
Guide to travel, doing business, and studying in Palau – culture, greetings, gestures, etiquette, taboos, negotiations, gift-giving, and more.
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Palau Demographics Profile 2016
http://www.indexmundi.com/palau/demographics_profile.html
Palau Demographics Profile 2016
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Demographics of Palau – MECOmeter
http://mecometer.com/country/palau/demographics/
Demographics of Palau
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Culture of Palau
http://www.everyculture.com/No-Sa/Palau.html
Palau comprises several cultures and languages. Ethnic Palauans predominate, inhabiting the main islands of the archipelago.
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Safety Tips in Palau
https://www.virtualtourist.com/travel/Australia_and_Oceania/Palau/Warnings_or_Dangers-Palau-MISC-BR-1.html
Warnings and Dangers in Palau
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Crime and Offenses | Palau National Government
http://palaugov.pw/executive-branch/ministries/finance/budgetandplanning/crime-and-offenses/
Information on crimes and offences committed has been provided by the Bureau of Public Safety, Ministry of Justice.
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Palau Weather, Climate and Geography
http://www.worldtravelguide.net/pacific-islands-micronesia/palau/weather-climate-geography
Palau Weather, climate and geography
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Average Weather For Koror, Palau
https://weatherspark.com/averages/33150/Koror-Palau
This report describes the typical weather at the Koror (Koror, Palau) weather station over the course of an average year.
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The Education System in Palau
http://www.studycountry.com/guide/PW-education.htm
The island’s present educations system is closely based on the American education system. Education is compulsory from ages 6 until 16 or basically from kindergarten to one graduate from high school.
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Palau Education System
http://www.classbase.com/countries/Palau/Education-System
Education in the Micronesian island nation of Palau still follows the American system of Grades K to 12. It is mandatory until either the age of 16 is reached, or graduation from high school is achieved.
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Palau Public Holidays 2016 and 2017
http://publicholidays.asia/palau/
List of Palau holidays.
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Palau 2016 / 2017 Holiday Calendar
http://holiday-calendar.com/palau-public-holiday-calendar/445/
Holiday Calendar : Palau 2016 / 2017 Public Holidays, Bank Holidays, Government Holidays, School Holidays, Festivals.
Trade
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IATA – Palau Islands Customs, Currency & Airport Tax regulations
http://www.iatatravelcentre.com/PW-Palau-Islands-customs-currency-airport-tax-regulations-details.htm
Palau Islands Customs, Currency & Airport Tax regulations details
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Palau – ITC
https://www.google.com/?gws_rd=ssl#q=palau+trade+agreements
Palau’s main imports are oil, fish, machinery and equipment. Japan, the US … It is a member of the Pacific Island Countries Trade Agreement (PICTA). Sitemap.
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OEC – Palau (PLW) Exports, Imports, and Trade Partners
http://atlas.media.mit.edu/en/profile/country/plw/
Palau is the 202nd largest export economy in the world. In 2014, Palau exported $21M and imported $160M, resulting in a negative trade balance of $139M.
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Customs: Regulations, Export-Import Procedures by Customs of Palau
https://palau.visahq.com/customs/
Palau Customs regulations and procedures for importing and exporting goods at border. Duty free items, import-export restrictions.
Housing and Rentals
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Palau : real estate homes for rent – apartments for rent and house rentals
http://us.arkadia.com/for-rent/palau/
RESIDENTIAL REAL ESTATE. FOR RENT
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Remax-Goldfern-Koror-Palau
http://www.remaxmicronesia.com/Republic-of-Palau.aspx
Republic of Palau real estate experts are ready to assist you whether you are searching for a quiet beach property, investment property, or a piece of paradise closer to civilization.
Travel
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Travel to Palau – World Travel Guide
http://www.worldtravelguide.net/pacific-islands-micronesia/palau/travel-by
Travel to Palau
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Travel To Palau – Everything Everywhere
http://everything-everywhere.com/travel-to-palau/
Palau travel information.
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