Starting a Business ยท Solomon Islands
How to start a business in Solomon Islands as a foreigner (2026)
Solomon Islands shaded by its starting a business status
Starting a business in Solomon Islands as a foreigner: moderate (Foreign 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.).
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
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.
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.
Certain activities are reserved for domestic investors and closed to foreigners, e.g. small restaurants/cafes and eating-and-drinking businesses under 25mยฒ (other than specialty), and small-scale static guarding services with fewer than 20 employees.
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.
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.
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.
Solomon Islands - other topics
Starting a Business in other countries
Last verified 5/24/2026 ยท Orientation, not legal advice - verify against the primary sources linked above. Methodology & how to cite ยท Explore the full world map โ