CC Pacific Limited Review

PNG National Content — Why 100% National Ownership Matters

Papua New Guinea's national content framework is one of the most commercially significant regulatory environments for any PNG resources sector engagement. Under the Oil and Gas Act 1998, Mining Act 1992, and various development agreements for major projects (PNG LNG, Papua LNG, Ok Tedi, Porgera), international companies operating in PNG are required to: maximise employment of PNG national citizens; engage PNG-national-owned businesses for procurement of goods and services; report on national content compliance to the Department of Petroleum and Energy, Mineral Resources Authority, or relevant project supervisor; and meet specific national content targets as conditions of project approval and operating licence. CC Pacific's 100% PNG national ownership is not merely a brand positioning statement — it is a verifiable compliance credential. For companies whose project agreements include mandatory national content clauses requiring engagement of PNG-national-owned service providers for HR and payroll services, CC Pacific is one of the very few providers that qualifies. International EOR platforms, foreign-owned HR firms in Port Moresby, and Australian-owned recruiting agencies operating in PNG do not meet the 100% national ownership threshold. Request CC Pacific's Investment Promotion Authority registration certificate (confirming 100% national ownership) as part of your national content vendor documentation.

Barrick/PDWA — The Most Operationally Significant PNG EOR Engagement in This Series

CC Pacific's management of the Porgera Development Women's Authority (PDWA) payroll for 6 years — 180 local staff — is the most operationally substantive confirmed payroll engagement of any Pacific region provider in this series. The engagement involved: establishing governance and payroll systems from scratch for the PDWA; managing payroll compliance for 180 PNG national employees under Barrick Gold's corporate governance standards; and transitioning the function back in-house compliantly at the end of the engagement. Barrick Gold is one of the world's largest gold mining companies (TSX and NYSE listed), with procurement and vendor qualification standards that require demonstrated compliance capability, professional accountability, and financial management rigour. A 6-year, 180-staff engagement for a Barrick-affiliated entity that was successfully transitioned back in-house compliantly is the strongest available evidence of enterprise-grade payroll management capability for any PNG-indigenous HR firm. For mining and resources sector buyers evaluating CC Pacific, the PDWA engagement is the primary due diligence reference: ask Barrick/PDWA for confirmation of the engagement scope and quality if possible, or request CC Pacific to provide Barrick/PDWA as a reference contact.

NASFUND and PNG Payroll Compliance — The Specialist Knowledge

Papua New Guinea's superannuation and payroll compliance framework has several elements that international companies frequently underestimate. NASFUND (National Superannuation Fund Ltd): employer 8.4% + employee 6.0% of gross salary for all national employees; contributions remitted monthly to NASFUND by the 15th of the following month; employees are issued NASFUND member numbers on registration; employer NASFUND registration is required before the first payroll run. PAYE (Pay As You Earn): PNG operates a progressive income tax system; employer withholds PAYE monthly and remits to the Internal Revenue Commission (IRC) of PNG; the IRC has been increasing enforcement of PAYE compliance particularly for resources sector employers; failures result in penalties and interest. Work Permits: all non-citizen employees require a valid Work Permit issued by the PNG Department of Labour and Industrial Relations; permit applications require evidence of skills not available in PNG, employment contracts, and sponsor company registration; CC Pacific's Employment Agency services cover work permit processing — a material operational advantage for companies deploying expatriate specialists. Minimum wage K5.00/hour: effective January 1, 2026 (increased from K3.50/hour held since 2016); scheduled to K5.25 in 2027 and K5.50 in 2028 — the first minimum wage increase in PNG in a decade, requiring all payroll calculations to be updated. CC Pacific's 18-year PNG track record confirms continuous NASFUND employer registration, IRC PAYE compliance, and Work Permit processing capability through all of these regulatory cycles.