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SELECTED FSM
REGULATIONS
The following
selected regulations of the National Government of the Federated States of Micronesia are only a small
portion of the entire body of regulations of the Federated States of
Micronesia.
Any discrepancies in these
regulations should be
resolved in favor of the regulations as officially distributed by the agency
or governmental entity of the Federated States of Micronesia from which
the regulations originated.
Regulations are often promulgated, and subject to
change or amendment at any time, utilizing the procedures
set forth in the administrative
procedures laws
of the respective jurisdiction. Therefore, users of these regulations are
advised to check with the originating agency or
governmental entity for any changes or amendments to the regulations
prior to utilizing them.
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slightly from the regulations as distributed by the
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FSM. Please see the Disclaimer page of this web
site for more information.
For more general information
on the regulations of the Federated States of Micronesia, please contact the Office of
the Attorney General, Federated States of Micronesia.
Section 1. Purpose and legal effect; authority of the
Secretary
Section 2. Definitions
Section 3. National Red, Amber, and Green Lists
Section 4. Criteria for foreign investment in National
Amber List economic sectors
Section 5. Application forms and submission
requirements
Section 6. Action by the Secretary on applications - time
periods
Section 7. Forms of permits
Section 8. Application fees and annual fees
Section 9. Modification or surrender of a permit
Section 10. EWA entitlements
Section 11. Reports by holders of permits
Section 12. Reports by the Department`and by States
Section 13. Fines and penalties
Section 14. Assistance to States
Section 15. Permit Cancellation Hearing Procedures
Section 16. Repatriation of Capital
Schedule 1 - Economic Sectors on the National Red
List (Category A)
Schedule 2 - Economic Sectors on the National Amber
List (Category B)
Schedule 3 - Economic Sectors on the National Green
List (Category C)
Schedule 4 - Criteria to be Met for Foreign Investment
in Economic Sectors on the National
Amber List
Schedule 5 - Application Form for FSM Foreign
Investment Permit
Schedule 6 - Form of FSM Foreign Investment Permit
Schedule 7 - Application Fees, Annual Fees, and
Modification Request Fees
Schedule 8 - Criteria for the Automatic Award of
Additional EWAs
Schedule 9 - Form for Renewal and Annual Reports by
FSM Foreign Investment Permit Holders
Schedule 10 - Fines and Penalties
APPENDIX
A.
APPENDIX
B.
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