Flat rate
2.0%
Duration
—
Prior non-residency
—
required before applying
Standard top income tax
42.0%
Papua New Guinea, without the regime
Overview
- Regime
- Small Business Tax
- Country
- Papua New Guinea
- Type
- Flat rate
- Status
- Active
- Effective from
- Jan 1, 2024
- Expires on
- —
Details
- Summary
- Simplified turnover-based tax for qualifying individual businesses, excluding employment and professional services income.
- Eligibility
- Individual small businesses that elect in or remain within turnover thresholds; excludes employment income and income from professional services.
- Benefits
- Flat fees or 2% of turnover instead of graduated PIT and full GST compliance for the smallest businesses.
- Requirements
- PGK 250 annual fee if turnover under PGK 60,000; PGK 62.50 per quarter plus 2% of quarterly turnover above PGK 15,000 when annual turnover exceeds PGK 60,000; 2% of turnover if below the GST registration threshold (PGK 250,000).
- Limitations
- Election out or exceeding thresholds moves the taxpayer to ordinary individual marginal rates; GST registration rules still apply at higher turnover.
- Income types covered
- Business turnover (not salary or professional services)
- Duration details
- While eligible and not elected out
View source PwC PNG individual taxes on personal income 2026