Timor-Leste Geography, Politics, Economy, and Culture

East Timor or Timor-Leste is an island country in Southeast Asia, having won its independence from Indonesia in 2002, after having been originally colonized by Portugal in the 16th century. Along with the Philippines, it is the only other majority-Christian country in Southeast Asia, and also located entirely in the Southern Hemisphere.

Most of the country is mountainous and the climate is generally tropical, hot, and humid. Its northern coasts have several coral reef systems that are considered endangered. Its economy used to depend upon exports of commodities such as coffee, marble, petroleum, and sandalwood. Now, it gets a lot of its revenue from oil and natural gas reserves. East Timor’s two main official languages are Portuguese and Tetum.

2021
April 2Good Friday
May 1Labor Day / May Day
May 13Eid ul Fitr
May 20Restoration of Independence Day
June 3Corpus Christi
July 20Eid ul Adha
August 30Popular Consultation Day
November 1All Saints’ Day
November 2All Souls’ Day
November 12Youth National Day
November 28Proclamation of Independence Day
December 7National Heroes Day
December 8Day of Our Lady of Immaculate Conception
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: N/A
  • Income Tax (Lowest Marginal Rate): N/A
  • Income Tax (Highest Marginal Rate): N/A
  • VAT/GST/Sales Tax: N/A
  • Banco Central de Timor-Leste
  • Bank Mandiri East Timor
  • ANZ Bank East Timor
  • Banco Nacional Ultramarino East Timor
  • Asian Development Bank East Timor
  • Caixa Geral de Depositos East Timor

Aadmi can support you with your expansion to Timor-Leste. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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