World Watch/Solomon Islands/Starting a Business

Starting a Business · Solomon Islands

Starting a business in Solomon Islands: foreigner's guide (2026)

ModerateForeign Investment Act 2005 and Companies Act 2009, administered by the Foreign Investment Division and the Companies Registry ("Company Haus") of the Ministry of Commerce, Industry, Labour & Immigration (MCILI), via the online Solomon Islands Business Registry / InvestSolomons portal.Country index 52 · C

Solomon Islands shaded by its starting a business status

Solomon Islands permits up to 100% foreign ownership in most sectors, with no general fixed minimum capital requirement, and has moved company registration, foreign-investment registration and business-name registration onto a single online registry (Company Haus / InvestSolomons). However, foreigners face an extra mandatory step a non-citizen cannot skip — obtaining a Foreign Investment Registration Certificate (FIRC) before incorporating — and are barred from activities on a statutory 'reserved list' protected for domestic investors, plus must obtain business licences from city/provincial councils. Processing is relatively quick (FIRC normally within five working days, sometimes 24 hours online), making the regime open but multi-step.

Key points

Foreign ownership generally open

There is no general blanket cap on foreign ownership; foreigners may hold up to 100% in most sectors, but a foreign investor may not conduct any 'reserved activity' on the reserved list established under section 9 of the Foreign Investment Act 2005.

Mandatory FIRC first

A non-citizen must register as a foreign investor and obtain a Foreign Investment Registration Certificate (FIRC) before incorporating; this selects the business sector and specific activities permitted, and is the foreigner-only step that precedes company setup.

Reserved list for locals

Certain activities are reserved for domestic investors and closed to foreigners — e.g. small restaurants/cafes and eating-and-drinking businesses under 25m² (other than specialty), and small-scale static guarding services with fewer than 20 employees.

Incorporation via Company Haus

After obtaining the FIRC, the enterprise is incorporated under the Companies Act 2009 through the online Company Haus registry; an applicant creates a free account, files online and pays the fee at the Treasury counter.

Timeline and online registry

FIRC applications are normally processed within five working days and, via the online registry, a certificate can sometimes be issued within 24 hours; the ADB-supported online registry lets an investor register as a foreign investor, incorporate a company and register a business name in one sitting.

No fixed minimum capital, plus licences

The Foreign Investment Act sets no fixed minimum capital requirement; after incorporation, operators must obtain a business licence from Honiara City Council and any relevant provincial councils, plus any sector-specific permits.

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Last verified 5/24/2026 · Orientation, not legal advice - verify against the primary sources linked above. Explore the full world map →