Tonga is a Polynesian kingdom and its capital is Nukualofa. It formally gained its independence from the British protectorate in 1970. Known as the island of friends, this island nation is a developing jurisdiction and its economy is similar to that of the other neighboring islands.

Agriculture and tourism are the two main sectors attracting foreign investment, mainly from countries such as Japan, China and the United States. Renewable energy and deep sea mining also offer opportunities for foreign investment.

Tonga is a country where there is no public database of registered trademarks, hence it is an attractive country and first on the list for large corporations, mainly technology companies, when registering their trademarks.

In the international economic sphere, Tonga is a member of important associations that regulate policies on international trade relations, including the International Monetary Fund (IMF), the World Bank (WB) and the World Trade Organization (WTO).

This small country has established legislation to control and supervise the entry of investment into Tonga. In this regard, the investment regime is based on the Foreign Investment Act 2002, the Foreign Investment Implementation Regulations 2006, the Business Licensing Act 2002 and its Business Licensing Regulations.

If you wish to venture as a foreign investor in this natural paradise in Polynesia called Tonga, consult the financial advisors of Foster Swiss, a Swiss registered international company that provides financial and compliance advice on a variety of issues related to international business formation and commercial banking.

Foster Swiss specializes in business implementation in different countries, which means that they offer value-added services helping clients in their expansion abroad.

For more information on this topic or any requirements related to our services, please contact us directly at info@fosterswiss.com. Consult a financial advisor for more information.