DUSHANBE, November 19, Asia-Plus — Sughd agency for investments and management of state-owned property will hold a roundtable meeting in Khujand on November 20 to discuss national legislation regulating registration of legal entities.
The meeting entitled “Review of Tajikistan’s Legislation Regulating Registration of Legal Entities” held under technical support of the USAID Business Environment Improvement Project (BEI), which is implemented by PRAGMA Corporation, aims to consider the country’s legislation and practice of registration of legal entities and individual entrepreneurs with state bodies, as well as issues related to revealing obstacles on the way of registration of them and elaborating recommendations on simplifying the registration process.
Natalia Ryashchentseva, public relations officer, USAID BEI Project Tajikistan, noted that one of important conditions for development of entrepreneurship in Tajikistan is simplification of procedure of registration of legal entities and individual entrepreneurs, reduction in financial and time expenses. Improvement of the national legislation on registration of legal entities will allow extending access to market and promote raising attractiveness of the country for domestic and foreign investors, she said.
The meeting is expected to discuss the present legal foundation of registration of legal and physical entities with bodies of justice and social security, statistics and tax committees for the purpose of elaborating recommendations on improving the legal foundation and introduction of the “On Window” business registration system for all business categories.
The Business Environment Improvement Project (BEI) is a four-year initiative funded by the United States Agency for International Development (USAID) for the countries of Kazakhstan, the Kyrgyz Republic, and Tajikistan. The BEI Project supports USAID”s strategic objectives in these countries by providing direct consultation and support to build capacity within government and the private sector to promote effective dialogue, strengthen the free market-supporting commercial law framework, improve implementation of business-related legal reforms, streamline administrative processes and promote operational improvements for the benefit of small and medium enterprises (SMEs) in the region.
BEI works directly with national governments, oblast and city administrations, private sector businesses and service providers, and professional and business associations to promote the greatest potential positive impact for SMEs in each country of operation
BEI provides consultative assistance, training and, in some cases, through subcontracts and the BEI Grant Program, limited financial support to associations and select private sector groups to execute specific reform initiatives that directly contribute to improvement in the legal environment for business.
