The Government of the Republic of Nauru

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Corporations, Partnership, Associations and Trust Registration Division

 

The Corporations, Partnerships, Associations and Trusts Registration Division was established under Section 11A of the Public Service Act 2016 on 14th May 2021 as per Gazette No. 333/2021. Evidently, this is a very young Section of DJBC. Therefore, it is important to firstly understand its significance in order to comprehend its function.

A corporation is a separate legal entity that has the same rights as a natural person and can incur debt, sue and be sued. It is a complex business structure with higher set up costs and administrative costs. Officers of the corporation are obliged to comply with corporation laws such as the Corporations Act 1972 and Corporations (Forms and Fees) Regulations 2018.

 

A partnership is an association of people who carry on a business as partners or receive income jointly. It is relatively inexpensive to set up and operate whereby control or management of the business is shared and you and your business partner(s) are personally liable for all debts and obligations of the business.

 

A trust is an obligation imposed on a person known as the trustee who can be a company or a natural person. A trustee holds property or assets for the benefit of others who are known as beneficiaries. Operating a business as a trust means that the trustee is legally responsible for the trust's operations.

 

The Division is responsible for the registration, supervision, enforcement and control of corporations, partnerships, associations and trusts in the Republic. It includes the:

  1. Corporations subdivision;
  2. Partnerships subdivision;
  3. Associations subdivision; and
  4. Trusts subdivision.

 

The Division is an administrative filing agency with 2 main functions:

  1. formalising the legal standing of a corporation, partnership, association and trust by accepting and indexing the filing or registration; and
  2. supplying information and certification of a corporation, partnership, association and trust.

 

The powers of the Registrars of the various subdivisions is vested in the Secretary for Justice. This has been set forth under the following legislation:

  1. Partnership Act 2018;
  2. Trusts Act 2018 and Trusts (Forms and Fees) Regulations 2018; and
  3. Registration of Associations Act 2020 and Registration of Associations (Forms and Fees) Regulations 2020.

 

Our Team

 

Position Name
Registrar for Corporations Jay Udit
Deputy Registrar for Corporations Vacant
Paralegal (Corporations, Partnerships, Associations and Trust Registration) Vacant

 

 

Objectives

 

  • Provide Corporations, Partnerships, Associations and Trusts with the legal right to operate in the Republic.

 

 

Motivation

 

Business is about customer relations.

 

 

Strategic Plan Priority Area 4: Cost Cutting Sectors

 

Econ-Goal 5

Promote development of small and micro enterprises, foreign investment and economic integration into the global economy.

 

Cross-Goal 2

Strengthen Parliament, audit, justice, law, order and border control.

 

 

Achievements

 

The establishment of the Corporations, Partnerships, Associations and Trusts Registration Division is in itself a great achievement. Before the creation of the Division, the registrations were handled by the Business Registration, Business Licencing, Security Licencing, Import Licensing and Beneficial Ownership Registration Division.

 

DJBC saw the need to create a specific section to put in place a specific and comprehensive process for the registration of corporations, partnerships and associations as well as trusts by incorporating a much required structure for efficient operation.

 

Since June 2020 until to date, 9 new corporations have been registered and 28 corporation certificates have been renewed. In summary, 37 corporation certificates have been issued for this reporting year with a total revenue of AUD120,000.

 

The Division provides a service to the people of Nauru and other potential clients with access and opportunity to other avenues of business opportunities which is envisaged to enhance and support micro business development which in turn will contribute to the macro business environment and impact the general business cycle.

 

 

Way Forward


  1. The Corporations, Partnerships, Associations and Trusts Registration Division, as a new Section of DJBC will mainly focus on recruiting new officers for the newly established positions of a Deputy Registrar and a paralegal.
  2. Capacity building and policy development for the smooth operations of the Division are on the priority list to ensure that the service is productive, efficient and sufficient.
  3. Awareness programs are part of the plan that is being formulated such as information sessions and workshops to advise key stakeholders and relevant agencies so that there is sensible collaboration and cooperation on registering companies, partnerships, associations and trusts.
  4. A suitable monitoring and evaluation mechanism will be put in place to identify gaps and challenges that may emerge and enable the tailoring of feasible solutions of any issues.
  5. 100% service delivery is the target of the Division to cater for valuable clients.