If you are getting started in business there is plenty to learn. This section includes information about different types of structures for your business, and provides the basic features of a company – directors, shareholders, addresses and more…
What is a company?
There are different ways you can structure your business, this sections explains the sole trader, the partnership and the company
Why register a company?
Reasons why some might choose to form a company.
Choose a company name
A guide to choosing a name for your company
What are company rules?
Every company has a set of company rules which determine how the company will be administered.
If you are a director of a company in Solomon Islands, you must comply with the requirements of the Companies Act 2009. Failure to comply may lead to penalties, disqualification, and may lead to you being sued. The following is a guide to let you know the main responsibilities of being a director. It is not a substitute for legal advice- so if you have any uncertainty, we recommend you speak to a legal professional.
Shares and Shareholders
Shareholders are investors in the company. They usually pay money into the company in return for shares.
You need to notify the Companies Haus of a registered office and a postal address for your company. You must also provide contact details for communication.
The Companies Act 2009 requires every company to keep and maintain certain records. • Company records • Share register; and • Accounting records.
An “overseas company” means a corporation that is incorporated outside Solomon Islands, whether or not it is registered in Solomon Islands. Overseas companies carrying on business in Solomon Islands must register with Company Haus.
Download a copy of the model rules
Here are downloadable copies of model rules for all types of companies.