The new Strategy to Improve the Business Climate (EMAN II) in Mozambique, is intended to simplify commercial procedures and improve the competitiveness of the Mozambican economy, the country’s Industry and Trade Ministry said.
In a statement sent to Macauhub in Maputo, the Ministry and the Confederation of Economic Associations (CTA) announced the end of the consulting process for EMAN II, which will now be submitted for approval by the Mozambican government.
With the aim of “meeting the new challenges of the national economy” and replacing the previous strategy, EMAN II is intended to “make the country more attractive for sustainable business and investments,” over the next five years.
In terms of simplifying procedures the document recommends “reducing licensing times” for economic activities, making it easier to open new businesses and speed up the assignment of a Unique Taxpayer Identification Number (NUIT).
It all suggests “simplification of mechanisms for institutional coordination of company licensing and registration,” faster construction licensing and reducing the time it takes to grant the Right to Use and Benefit from Land (DUAT). (macauhub)