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

ACCI Identifying challenges to investment in Afghanistan

A number of senior government officials, civil society and private sector representatives, university teachers attended a meeting organized by the

8th SOK conducts first humanitarian aid mission

The 8th Special Operations Kandak (SOK) Commandos conducted its first humanitarian assistance operation in Sefid Khar-e-Gharbi Village, Tarin Kowt district,

Iran to start laying pipeline to export gas to Afghanistan

Neighboring country Iran is ready to export its natural gas through a pipeline into Herat, Afghanistan, as per agreement signed

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Your e-mail address will not be published.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.