ON­LINE BUSI­NESS REG­IS­TER WILL IM­PROVE EASE OF DO­ING BUSI­NESS

Business Advantage Papua New Guinea - - Directory: Who’s Who In Png -

Small busi­ness op­er­a­tors will be the main ben­e­fi­cia­ries of a new on­line reg­is­tra­tion process, which they can use to reg­is­ter new busi­nesses, up­date in­for­ma­tion and con­duct com­pany searches. The In­vest­ment Pro­mo­tion Author­ity of PNG has de­vel­oped the tool, with sup­port from the In­ter­na­tional Fi­nance Cor­po­ra­tion and the New Zealand Aid Pro­gramme. ‘We are us­ing it to dras­ti­cally im­prove our cur­rent low World Bank rank­ing for ease of do­ing busi­ness in Pa­pua New Guinea,’ says Clarence Hoot, Head of Busi­ness and In­vest­ment Pro­mo­tion at the IPA. The tool, avail­able on the IPA web­site, was launched at the end of 2013. Fur­ther in­for­ma­tion: www.ipa.gov.pg

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