Democratic Republic of Timor-Leste
Capital: Dili HDI: 0.595 (133rd)
Language: Tetum, Portuguese
GDP (PPP): $2.234 billion
Currency: US Dollar
Population: 1,167,242
East Timor or Timor-Leste, officially the Democratic Republic of Timor-Leste, is a sovereign state in Maritime Southeast Asia. It comprises the eastern half of the island of Timor; the nearby islands of Atauro and Jaco; and Oecusse, an exclave on the northwestern side of the island surrounded by Indonesian West Timor. The country’s size is about 15,410 km2 (5,400 sq mi). East Timor was colonized by Portugal in the 16th century, and was known as Portuguese Timor until November 1975, when the Revolutionary Front for an Independent East Timor (FRETILIN) declared the territory’s independence. Nine days later, it was invaded and occupied by Indonesia and was declared Indonesia’s 27th province the following year. The Indonesian occupation of East Timor was characterized by a highly violent decades-long conflict between separatist groups (especially FRETILIN) and the Indonesian military.
In 1999, following the United Nations-sponsored act of self-determination, Indonesia relinquished control of the territory. East Timor became the first new sovereign state of the 21st century on 20 May 2002 and joined the United Nations and the Community of Portuguese Language Countries. In 2011, East Timor announced its intention to gain membership status in the Association of Southeast Asian Nations (ASEAN) by applying to become its eleventh member. It is one of only two predominantly Christian nations in Southeast Asia, the other being the Philippines.
RESEARCH
Economic Overview
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Timor-Leste: Economy | Asian Development Bank
https://www.adb.org/countries/timor-leste/economy
Economic growth in Timor-Leste slowed in 2015 as fiscal stimulus eased. Growth is expected to accelerate in 2016 and 2017 on rising public and private investment, but declining oil production highlights the need to diversify the economy.
Industry Trends & Business Climate
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Doing Business in Timor-Leste
https://timor-leste.usembassy.gov/doing-business-local.html
Commerce is picking up in Timor-Leste as consumers’ and business people’s confidence in future political stability rises and growing government budgets fund a larger public service and more public works
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Business Environment in Timor-Leste
https://www.enterprisesurveys.org/data/exploreeconomies/2015/timor-leste
Graphs and tables that describe the business environment in Timor Leste
Establishing a Presence
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Starting a Business in Timor-Leste
http://www.doingbusiness.org/data/exploreeconomies/timor-leste/starting-a-business/
Thuis site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Timor-Leste.
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Doing Business in Timor-Leste – World Bank Group
http://www.doingbusiness.org/data/exploreeconomies/timor-leste?topic=starting-a-business
This site ranks the ease of doing business in Timor Leste versus other economies.
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Starting a Business in Timor-Leste
http://www.doingbusiness.org/data/exploreeconomies/timor-leste/starting-a-business/
Thuis site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Timor-Leste.
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Doing Business in Timor-Leste – World Bank Group
http://www.doingbusiness.org/data/exploreeconomies/timor-leste?topic=starting-a-business
This site ranks the ease of doing business in Timor Leste versus other economies.
Taxes
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Taxation | Timor-Leste Ministry of Finance
http://www.mof.gov.tl/taxation/
This site provides a description of the total corporate tax obligations
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Timor-Leste Individual – Taxes
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/JDCN-8VDJEP
The income tax rates applicable for a resident individual taxpayer is 10% for annual income over $USD6000
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The Timorese Tax System – CRA Timor
http://www.cratimor.com/en/news/news_2011_12_11_002.html
A detailed summary of tax obligations in Timor Leste including personal taxes
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Timor-Leste – Other taxes
http://taxsummaries.pwc.com/uk/taxsummaries/wwts.nsf/ID/Timor-Leste-Corporate-Other-taxes
The rates of sales tax are 2.5% for taxable goods imported into Timor-Leste and 0% for the sale of taxable goods and provision of taxable services in Timor-Leste.
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Paying Taxes in Timor-Leste – Doing Business – World Bank
http://www.doingbusiness.org/data/exploreeconomies/timor-leste/paying-taxes
Timor Leste imposes a 10% statutory corporate tax rate
Visas
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Timor Leste Visas: Requirements, Processing
https://www.itseasy.com/visa-expediting/Timor-Leste/
FAQs regarding visa requirements for Timor Leste
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Visa policy of East Timor – Wikipedia
https://en.wikipedia.org/wiki/Visa_policy_of_East_Timor
Timor Leste implemented an agreement in 2015 that allows all citizens of states that are contracting parties to the Schengen Agreement to stay without a visa for a maximum period of 90 days in any 180-day period, except for citizens of Iceland, Norway, and Liechtenstein.[3]
Infrastructure
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Telecommunications in East Timor
https://en.wikipedia.org/wiki/Telecommunications_in_East_Timor
International service is available in major urban centers, but not much elsewhere. in 2013the Prime Minister of Timor Leste, Mr Xanana Gusmao, launched Telkomcel as the second telecommunication operator in Timor Leste with three main services: (1) Mobile Services, (2) Corporate Solution dan, (3) Wholesale & International Services.
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Transport in Timor-Leste (East Timor) – Lonely Planet
http://www.lonelyplanet.com/east-timor/transport
Best transport in Timor-Leste (East Timor). Including Timor Tour & Travel, EDS Car Rentals, Compass Charters there are over 21 transport options.
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East Timor Transportation – Taxi, Train, Bus & Airport Tips
https://www.virtualtourist.com/travel/Asia/East_Timor/Transportation-East_Timor-TG-C-1.html
Tips on getting to and getting around East Timor from real travelers and locals.
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Timor Leste (East Timor) – Telecoms, Mobile and Internet
https://www.budde.com.au/Research/Timor-Leste-East-Timor-Telecoms-Mobile-and-Internet
After recording huge annual growth rates over a number of years from 2006 onwards, by 2015 the country’s mobile subscriber base had increased rapidly in a short period of time and penetration had moved past the 100% mark.
Employer Obligations
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East Timor Labour Code
https://www.scribd.com/document/113479271/East-Timor-Labour-Code
Labour Code for Timor-Leste
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Labor Market Regulation in Timor-Leste
http://www.doingbusiness.org/data/exploreeconomies/timor-leste/labor-market-regulation/
This site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Timor-Leste.
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Labor Market Regulation in Timor-Leste
http://www.doingbusiness.org/data/exploreeconomies/timor-leste/labor-market-regulation/
See “Redundancy Rules” on this World Bank site
Culture/Living
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Weather in Timor-Leste – Lonely Planet
http://www.lonelyplanet.com/east-timor/weather
This site discusses seasonal weather patterns and provides a current 10 day forecast
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Current and future climate of Timor-Leste
http://www.pacificclimatechangescience.org/wp-content/uploads/2013/06/5_PCCSP_East_Timor_8pp.pdf
A comprehensive look at future climate in Timor Leste by the Australian government
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Smartraveller.gov.au – Timor-Leste
http://smartraveller.gov.au/Countries/asia/south-east/Pages/timor_leste.aspx
East Timor overall, exercise a high degree of caution
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East Timor (Timor-Leste) travel advice
https://www.gov.uk/foreign-travel-advice/timor-leste
Latest travel advice for Timor-Leste including safety and security, entry requirements, travel warnings and health
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East Timor Education – Maps of World
http://www.mapsofworld.com/timor-leste/culture/east-timor-education.html
East Timor Education is quite well organized and the government of East Timor has taken the necessary steps to make the educational system strong.
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Education development in Timor-Leste
http://www.curriculum.edu.au/leader/education_development_in_timor-leste,4721.html?issueID=9691
The violence that gripped East Timor in 1999 virtually destroyed an already weak education system. Since the restoration of civil order, UNTAET (the UN Transitional Administration for East Timor) and the new government of independent East Timor have been struggling to build an education system to meet the country’s needs.
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Cost of Living in Dili. Prices Updated Jun 2016
http://www.numbeo.com/cost-of-living/city_result.jsp?country=Timor-leste&city=Dili
Cost of living comparisons for the city of Dili, the capital of Timor-Leste
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Timor-Leste, All Areas – Xpatulator
http://www.xpatulator.com/cost-of-living-review/Timor-Leste-All-Areas_576.cfm
This site provides a cost of living calculator
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Timor-Leste – Culture, Customs & Etiquette
http://guide.culturecrossing.net/basics_business_student.php?id=236
Guide to travel, doing business, and studying in Timor leste – culture, greetings, gestures,etiquette, taboos, negotiations, gift-giving, and more.
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Cultural Information – Timor Leste
https://www.international.gc.ca/cil-cai/country_insights-apercus_pays/ci-ic_tl.aspx?lang=eng
This site provides links to a range of cultural issues including etiquette
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East Timor Public Holidays 2016
http://www.qppstudio.net/publicholidays2016/east_timor.htm
East Timor 2016 public holidays, East Timor 2016 bank holidays and East Timor 2016 national holidays
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East Timor Public Holidays 2016 and 2017
http://publicholidays.asia/east-timor/
Discover the complete list of East Timor’s public holidays for 2016 and 2017.
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The World Factbook — Central Intelligence Agency
https://www.cia.gov/library/publications/the-world-factbook/geos/tt.html
See “People and Society” on this World Bank site
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Demographics of East Timor – Wikipedia
https://en.wikipedia.org/wiki/Demographics_of_East_Timor
This site is about the demographicfeatures of the population of East Timor, including population density,ethnicity, education level, health of the populace, economic status, religious affiliations and other aspects of the population.
Trade
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Timor Leste customs
https://timor-leste.visahq.com/customs/
Timor Leste Customs regulations and procedures for importing and exporting goods at the border
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www.export.gov
http://2016.export.gov/indonesia/timorleste/
Information for US companies interested in exporting to Timor Leste
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Timor-Leste – International Trade Centre
http://www.intracen.org/country/timor-leste/
Timor-Leste mainly trades with countries in the region i.e. Singapore, South Korea, China, Indonesia, India and Japan. Main imports are capital goods required to rebuild the country’s underdeveloped infrastructure.
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ASEAN and Free Trade
http://www.laohamutuk.org/econ/ASEAN/10ASEAN.htm
A comentary from ASEAN on the trade status in Timor Leste
Housing and Rentals
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Timor-Leste Hotels, Hostels & Accommodation
http://www.lonelyplanet.com/east-timor/hotels
Dili’s accommodation is nothing to write home about: expect sit-down loos and air-conditioning and not a lot more. Accommodation with adjoining restaurants/bars is a good idea for those who’d prefer not to travel around at night. Elsewhere, don’t expect anything swank – if you get a clean room with good mosquito nets and a few hours of electricity for reading and a fan, you’re doing well.
Travel
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Timor-Leste Tourism – National Geographic
http://video.nationalgeographic.com/video/easttimor_easttimortourism
Travel to the pristine island of Timor-Leste, a new nation with a struggling economy and a bounty of unspoiled natural beauty.
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