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Papua New Guinea Tax Information

10% GST

GST is 10% standard. Registration required above PGK 250,000 turnover. TIN mandatory for businesses.

Blockchain Developer Services to Invoice

  • Smart contracts
  • DApp development
  • Token creation
  • Security audits
  • Web3 integration
  • NFT development
  • Protocol work

Invoice Requirements in Papua New Guinea

TIN number
GST registration
Client TIN
Invoice number
GST (10%)
Total in PGK

Payment Terms

Milestone payments. Consider accepting crypto payments with specified tokens.

Cash14 days30 daysCOD

Payment Methods in Papua New Guinea

Bank TransferBSPWestpacANZCredit CardCash

Blockchain Developer Invoice Tips

  • Reference contract addresses
  • Include audit reports
  • Document gas costs
  • Note testnet vs mainnet
  • Track deployment fees

Frequently Asked Questions

What tax rate applies to blockchain developer invoices in Papua New Guinea?

Papua New Guinea has 10% GST. GST is 10% standard. Registration required above PGK 250,000 turnover. TIN mandatory for businesses.

What payment methods are common for blockchain developers in Papua New Guinea?

Common payment methods in Papua New Guinea include: Bank Transfer, BSP, Westpac, ANZ, Credit Card, Cash. Milestone payments. Consider accepting crypto payments with specified tokens.

What should blockchain developer invoices include in Papua New Guinea?

Your invoice should include: TIN number, GST registration, Client TIN, Invoice number. For blockchain developer services specifically, also include: Smart contracts, DApp development, Token creation.

Should blockchain devs accept crypto?

Many do. Specify accepted tokens and wallet addresses clearly.

How to handle gas fees?

Pass through at cost or include estimate in project pricing.

What is PNG's GST rate?

Papua New Guinea applies 10% GST on most goods and services. Exports are zero-rated. Some essential items like medicine and education may be exempt or zero-rated.