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The World Bank is like a cooperative, made up of 189 member countries. These member countries, or shareholders, are represented by a Board of Governors, who are the ultimate policymakers at the World Bank. Generally, the governors are member countries' ministers of finance or ministers of development. They meet once a year at the Annual Meetings of the Boards of Governors of the World Bank Group and the International Monetary Fund.

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Streamlining business registration in Lao PDR : reducing the burden of the company seal

Gonzalez Flavell,Sara; MPDF - Phnom Penh (CEAMP) [Corporate Author]

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Lao PDR requires all companies to have a company seal. This part of the registration process accounts for a significant amount of the time needed for starting up a new business. According to World Bank's latest doing business study, the time required to obtain a company seal in Lao PDR accounts for 45 of the total of 103 days needed to start a business, which is prohibitively long. This business issues bulletin discusses the current requirement in Lao PDR for obtaining a company seal and provides practical recommendations for improvement based on international best practices. As the time needed to start a new business in Lao PDR is long relative to its neighbors, reducing the burden of this cumbersome and largely unnecessary step will streamline business entry and enhance investment.

Bibliographic information

Type:
Other
In AGRIS since:
2012
Publisher:
The World Bank
ISBN:
0-8213-4000-X
All titles:
"Streamlining business registration in Lao PDR : reducing the burden of the company seal"@eng
Other:
"LK-Sri Lanka: North East Housing Reconstruction Program -- P083932"
"1 of 1"
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Bibliographic information

Type:
Other
In AGRIS since:
2012
Publisher:
The World Bank
ISBN:
0-8213-4000-X
All titles:
"Streamlining business registration in Lao PDR : reducing the burden of the company seal"@eng
Other:
"LK-Sri Lanka: North East Housing Reconstruction Program -- P083932"
"1 of 1"