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Lesotho: Business Registration

Jacobs, Cordova & Associates, working with Registry Advisers Limited, prepared, for FIAS a diagnostic and action plan for business registration reform that would transfer the Companies Registry to the Ministry of Trade, Industry and Marketing, where it should be developed as an information resource for the benefit of the business community (local and foreign) and other parts of government. Recommendations in the report included the extension of the Registry’s functions to embrace the registration of business names and rationalization of procedures. These reforms resulted in improved transparency, elimination of duplicated effort, better services to business and information that is more reliable for government.

Lesotho, World Bank, 2004