According to the department,
certificate of enterprise registration would be sent to the investors
electronically, and they need not visit its offices.
Minister for Industry Nabindra
Raj Joshi Sunday inaugurated the online services at a programme organised at
the ministry.
With the commencement of cyber
services for FDI approval, visa application and business registration, more
foreign investors will be attracted to Nepal as it would reduce the time
dramatically, said director general of the department Pradip Kumar Koirala.
Talking to The Rising Nepal,
he said, “Foreign investors used to spend about 5 to 6 months in obtaining a
tourist visa. But now they can get it within a couple of weeks.”
So far, any foreigner interested
to invest in Nepal
had to apply for a ‘tourist visa’.
Their application would go to
the DoInd and take months in getting approval.
After obtaining approval from
the department, the investors would get the visa which would be converted to a
‘business visa’ following the registration of their enterprise in Nepal .
“Such a lengthy process had
discouraged the investors,” said Koirala.
The new system will facilitate
in registering a business in three days and FDI approval in seven days if an
investor submits the required documents via online.
The investor will be notified of
his business registration through e-mail, and they will be informed even if the
registration process fails due to a shortage of necessary documents.
“The applicants need pay the
registration charges only after their application for running a business is approved.
They need not to come to the department, they can send the scanned copy of the revenue
payment and we will send the scanned copy of the certificate to them via e-mail,”
Koirala said.
Minister Joshi said that the
ministry aimed at transforming all departments and agencies under it by going online
in order to make their services fast, efficient and transparent.
“We have been receiving
complaints regarding services provided by the DoInd, Office of the Company
Registrar, Nepal Bureau of Standards and Metrology. Services of these
government agencies will be made online to make them more transparent and curb
corruption,” he said.
He said that CCTV (Close Circuit
Television) would be installed at the DoInd in the second phase.
However, it will take about four
months for the department to be completely paperless, as it also requires
submitting hard copy of the documents till then.
Published in The Rising Nepal Daily. www.therisingnepal.org.np
Published in The Rising Nepal Daily. www.therisingnepal.org.np
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