Mozambican government approves legislation to simplify process of opening a business

10 October 2013

The Mozambican government ahs approved the Single Form to open companies and launch business activities, said Minister for Industry and Trade, Armando Inroga, cited by the Mozambican press.

At the end of a council of Ministers meeting, Inroga said that the Single Form was a tool intended to simplify and bring together all the legal requirements for company registration and operation.

The Single Form (Formulário Único) is part of a package of reforms introduced to improve the business climate in Mozambique. It is also intended to reduce the cost of registering a company and launching business activities.

For a standard process, company registration and the launch of its activities could take up to 65 days, which is now expected to be reduced to 25 days by using the single Form. (macauhub)