Tonga is to introduce Electronic Company Registration in September.
Penisimani Latu, the Deputy Registrar of Companies, at the Ministry of Labour Commerce and Industries, says a trial of the new electronic system will be run next month.
Matangi Tonga reports the server and database of registered companies will be stored in New Zealand but the ministry can access it from Tonga.
Mr Latu says the existing manual paper registration system will still be available, but the electronic company registration system will definitely speed up the process.
One of the reasons for introducing the electronic system is that all the old databases were destroyed in the riots of November 16, 2006.
The inclusion of the new electronic company registry system is one of the amendments under the First Exposure Draft of Companies Amendment Bill 2009 that was publicly debated in the capital in February.
