English | دری

Licensing process for Afghan entrepreneurs reduced to 2 days

in Afghan Business

Licensing process for Afghan entrepreneurs reduced to 2 days

ahadiThe Afghan Ministry of Commerce and Industries has simplified the licensing process, a priority reform for the ministry in providing proper facilities for entrepreneurs and small businesses in Afghanistan.

Commerce and Industries Minister Anwarul Haq Ahadi told a gathering, attended by the International Finance Corporation (IFC), the reform would gain us credibility in the eyes of the World Bank.

Afghan entrepreneurs and small businesses can obtain their license within two days now, while before it would take up to a month. The reform has further reduced the required procedures from 21 to 8 steps.

Minister Ahadi added the reform process, costing USD 1mn, was funded by HARAKAT, Afghanistan Climate Investment Facility Organization.

HARAKAT chief executive officer Nasim Akbar said the reform process was aimed at providing better facilities and standardized services for entrepreneurs and to fight corruption.

According to Minister Ahadi, the validity period of licenses has currently increased from 2 to 3 years. With time the period will be enhanced to five years in line with international standards and extended abroad by Afghan commercial attachés.



Related Articles

Twofold increase in Farah’s customs revenue

Revenue from customs in Farah province has increased by two-fold during the first 9 months of the current year compared

Two-fold increase in Afghanistan fruits export

Exports of Afghan fresh fruits have doubled from last year, said officials of the Ministry of Agriculture and Livestock. Afghan

Work on development projects launched in Takhar province

As many as 17 development projects are going to be implemented in Takhar province at an estimated cost of USD

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.