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Promote:Solomon Islands

Invest in the Solomon Islands

A short guide for companies expanding into the Solomon Islands: the economy at a glance, the rules and steps to set up, and who can help, each with its source.

1. Solomon Islands at a glance

The currency is the Solomon Islands dollar.

Source: CBSI, Monetary Policy Report, September 2026⁠ (opens in a new tab) · as of October 31, 2026

2. Before you set up

The investment agency, any one-stop route, the sectors reserved for nationals and the zones, as the guide found them.

3. Steps to set up

The main steps, in order, each with the body responsible and its official page.

Setting up in the Solomon Islands

  1. Apply online to InvestSolomons for a foreign investment certificate; this comes before you incorporate a company.InvestSolomonsOfficial page⁠ (opens in a new tab)

    Source: Business Registry, foreign investment registration process⁠ (opens in a new tab) · as of October 31, 2026

  2. Incorporate the company online at Company Haus, with at least one director and one shareholder.Solomon Islands Business RegistryOfficial page⁠ (opens in a new tab)

    Source: Business Registry, company registration process⁠ (opens in a new tab) · as of October 31, 2026

  3. Obtain your tax identification number from the Inland Revenue Division.Inland Revenue DivisionOfficial page⁠ (opens in a new tab)

    Source: Business Registry, steps after a foreign investment certificate⁠ (opens in a new tab) · as of October 31, 2026

  4. Obtain work permits from the Commissioner of Labour; each application must show that no qualified local worker is available.Commissioner of LabourOfficial page⁠ (opens in a new tab)

    Source: MCILI, work permit page, read October 2026⁠ (opens in a new tab) · as of October 31, 2026

Show 5 more set-up steps
  1. Obtain residence permits from the Director of Immigration.Director of ImmigrationOfficial page⁠ (opens in a new tab)

    Source: Business Registry, steps after a foreign investment certificate⁠ (opens in a new tab) · as of October 31, 2026

  2. Obtain a business license from Honiara City Council and from any provincial council where you operate.Honiara City CouncilOfficial page⁠ (opens in a new tab)

    Source: Business Registry, steps after a foreign investment certificate⁠ (opens in a new tab) · as of October 31, 2026

  3. Obtain any specialized license for your sector, such as fisheries, mining, liquor or transport.Sector ministriesOfficial page⁠ (opens in a new tab)

    Source: Business Registry, steps after a foreign investment certificate⁠ (opens in a new tab) · as of October 31, 2026

  4. Check land rules: over 80 percent of land is customary, and foreigners may lease land for up to 75 years.Ministry of Lands, Housing and SurveyOfficial page⁠ (opens in a new tab)

    Source: WTO Secretariat, Solomon Islands trade policy review, October 2024⁠ (opens in a new tab) · as of October 16, 2024

  5. Follow exchange control rules, which the Central Bank administers through the commercial banks it has appointed as authorized dealers.Central Bank of Solomon IslandsOfficial page⁠ (opens in a new tab)

    Source: CBSI, exchange control page, read October 2026⁠ (opens in a new tab) · as of October 31, 2026

4. Organizations that help investors

Start with InvestSolomons and SICED. Each card links to the organization’s own site.

Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets

Investment and business setup

Customs and tax

Chambers and industry associations

5. Worth knowing

Show 1 more

6. How Promote:Global helps

  • Compare the Solomon Islands with other countriesSet the Solomon Islands beside other countries on investment momentum, fundamentals and trade access, before site, tax and legal work.
  • Find advisors and service firmsAsk an advisory firm a scoped, paid question, or browse firms that list their own services, from legal work to logistics.
  • Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.

Turn this guide into your Solomon Islands project.

Use Promote:Global to explore markets, understand requirements and organize your next steps.

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Promote:Solomon Islands is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.

Facts read from public sources, with an editorial cut-off of October 31, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.