CONDITIONS FOR CARRYING OUT A PROFESSIONAL ACTIVITY EMPLOYEE All foreign nationals (other than French nationals) wishing to work in New Caledonia must apply, via their employer, for a work permit issued by the Direction du Travail et de l’Emploi du gouvernement de la Nouvelle-Calédonie (DTENC). A visa is required to obtain a work permit. For more information, click here USEFUL CONTACT Direction du Travail et de l’Emploi du gouvernement de la Nouvelle-Calédonie (DTENC): www.dte.gouv.nc SELF-EMPLOYED Any foreigner wishing to set up their own business is authorised to do so, subject to completion of the usual formalities. In addition, certain activities are subject to special regulations (diploma requirements, authorisation to practise, etc.). For more information, click here FOREIGN INVESTOR A company is considered to be foreign-controlled if its holdings outside the territory are >33.33% if unlisted and 20% if listed. Financial relations between France and foreign countries are unrestricted. However, direct investments in New Caledonia are subject to an administrative declaration (designation of natural and legal persons, designation of investments, information on the New Caledonian entity where the investments are made, financing arrangements and distribution of capital before and after the operation, etc.). USEFUL CONTACT Direction des Affaires Économiques du gouvernement de la Nouvelle-Calédonie (DAE): https://dae.gouv.nc/ 11 - FOREIGN INVESTORS RESIDENCE AND WORKING CONDITIONS 103
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