Business Registration Reform

Wed. 12 of May of 2010, 06:31h
Notariado_2

In the scope of a Memorandum of Understanding celebrated between the Ministry of Justice and the international organization "International Finance Corporation" (part of World Bank Group), with the aim of improving the business environment and consequent improvement of economic growth in Timor-Leste, a program of reforms is currently under implementation for the streamlining and simplification of procedures concerning Business Registration.

This program involves several legislative and administrative measures that revise those procedures, as well as the computation of Business Registry service in Díli (Public Registry Department of Registry and Notary Civil Services National Directorate).

Since the procedure for public consultation in the scope of the referred reform is currently ongoing, citizens, companies and, in general, all the stakeholders interested in the creation of a better business environment in Timor-Leste, are invited to participate in the referred public consultation procedure, by accessing to the Ministry of Justice’s website.

The procedure will be held until the coming 28th of May.

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