Australian companies are advised to spend time investigating the market, obtain professional advice where appropriate and thoroughly investigate the issues in entering the market and before establishing business relationships.
Australian firms wishing to operate in this country should commit to the highest level of corporate behaviour and familiarise themselves with Australia's laws and penalties pertaining to bribery of foreign officials.
Bribery of foreign public officials is a crime. Australian individuals and companies can be prosecuted in Australia for bribing foreign officials when overseas. Further information on the regulations governing bribery of foreign public officials is available.
For further information on frauds, scams, personal and asset security, intellectual property protection and other business risks please read more about legal issues.
Intellectual Property Protection
Intellectual property protection in Timor-Leste relies on civil and criminal laws for action. It may be difficult for companies to take the matter to court and/or get the finding enforced.
Civil and criminal courts resolve legal disputes in Timor-Leste, although inadequate resourcing limits the ability of courts to process matters in a timely way. Legal matters can take years to progress through the courts.