Legislation

Access key laws, regulations, and policies that guide our operations and governance.

The work of the Department of Finance and Administration is governed by the Financial Management Act of 1979, the Financial Management Regulations (as amended in 2021), and related fiscal procedures. These laws set out the framework for appropriation, expenditure, revenue collection, procurement, and reporting. By following these regulations, the Department ensures that financial management is lawful, consistent, and accountable. Legislation also helps guide fiscal reforms and modernize systems, strengthening good governance and protecting public resources for future generations.

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Title 55: Government Finance and Contracts – FSMCode Public Auditor
Customs Legislation
10 Jul 25
Title 55: Government Finance and Contracts – FSMCode Internal rocedures for Compact Implementation
Customs Legislation
10 Jul 25
Title 55: Government Finance and Contracts – FSMCode Government Contracts
Customs Legislation
10 Jul 25
Title 55: Government Finance and Contracts – FSMCode Funds
Customs Legislation
10 Jul 25
Title 55: Government Finance and Contracts – FSMCode Financial Management
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – Regulation Regarding Ownership Information Requirements
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – FSMCode Taxation of Wages Salaries Gross Revenues
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – FSMCode Revenue Administration
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – FSM Customs Regulations
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – FSM Code Penalties
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – FSM Code Income Tax Regime for FSM Corporations
Customs Legislation
10 Jul 25
Title 54: Taxation and Customs – FSM Code DutiesCustoms
Customs Legislation
10 Jul 25

FAQs

Find answers to common questions about our services and how we can assist you.

The FSM Department of Finance and Administration offers six core services to support the nation’s financial management and governance. These include Budget Planning for developing transparent budgets that enable effective service delivery and sustainable development; Customs services that facilitate secure cross-border trade while enforcing regulations; Financial Reports that provide accountable statements to track public funds and ensure transparency; Legislationresources offering access to the laws, regulations, and policies governing their operations; Procurement services ensuring fair and value-driven purchasing processes; and Taxation management for the equitable collection of taxes that fund public services and drive national development. Together, these services form the foundation of the FSM’s fiscal responsibility and public financial management framework.

Office locations can be found for each of the Department’s four specialized divisions: the Budget Division, which ensures fair and transparent resource allocation aligned with national priorities; Customs & Tax Administration, responsible for revenue collection, trade facilitation, and border protection; Investment & International Finance, which manages investments, grants, and international financing programs to support economic growth; and Treasury, which safeguards government finances through effective cash management, accounting, and reporting to ensure integrity and transparency in the nation’s financial operations.

For assistance with any of the Department’s services, visit the contact page and complete the inquiry form. This allows you to submit your questions, requests, or concerns directly to the relevant division, ensuring your inquiry is directed to the appropriate team for a timely and accurate response. Whether you need guidance on budget matters, customs procedures, taxation, procurement, or any other departmental service, the contact form provides a straightforward way to connect with DoFA staff who can assist you.

To provide feedback or lodge a complaint regarding any Department service or experience, visit the contact page and complete the feedback form. The Department values transparency and accountability, and your input helps improve service delivery and address any concerns you may have encountered. Whether you wish to commend excellent service, suggest improvements, or raise issues that require attention, the form ensures your feedback reaches the appropriate personnel and receives proper consideration and follow-up.