JC&A, 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. The report’s recommendations included extending the Registry’s functions to embrace the registration of business names and rationalizing procedures. These reforms resulted in improved transparency, elimination of duplicated efforts, better services to businesses, and more reliable information for the government. Preparation of an integrated implementation plan focusing on three areas of reform: company registration, industrial licensing, and trade licensing to embrace the registration of business names and rationalization of procedures. These reforms resulted in improved transparency, eliminating duplicated efforts, better services to businesses, and more reliable information for the government.
Lesotho, World Bank, 2004
