The Fiji Times

Company registrati­on

150,000 businesses expected to register online

- By REPEKA NASIKO

ABOUT 150,000 businesses would be expected to register online during the Registrar of Companies digital registrati­on process.

The digital registrati­on began on January 15 and is expected to continue for nine months.

While speaking to Legal Aid Commission support staff in Natadola over the weekend, Attorney-General Aiyaz SayedKhaiy­um said the initiative under the Digital Fiji platform was to ensure accessibil­ity of companies online.

“As you know, we now have a digital registrati­on process of local businesses,” he said.

“Some people call it a re-registrati­on but its actually a digital registrati­on of businesses.

“These are all Fijian businesses and limited liability companies in the country.

“There are between 145,000 to 148,000 businesses.”

He explained that all types of companies must register.

“So for instance Siteri’s Canteen or Ram’s Kava Shop will have to undergo digital registrati­on because once all of these businesses are registered we can do company searches online.

“Even Tappoo’s Ltd will have to digital register.”

He said the digital registrati­on would be completed before the end of the year.

“This process commenced on January 15.

“For limited liability companies, they will have six months to do that and for business names will be nine months.

“There will be massive roadshows happening to raise awareness on that and companies can go to the Registrar of Companies offices and be able to register.”

According to Government, the initiative was designed to boost convenienc­e for Fijians and improve the accuracy and accessibil­ity of informatio­n and lower costs, through the registered entities informatio­n would be available online, online notificati­ons would be sent if there were any pending payments, online searches and applicatio­ns thereby removing the need for physical presence and lining up to access services and the ability to make online payments.

The key objective of the digital registrati­on process was to update the informatio­n held with the ROC and to ensure that it was current and correct.

Therefore, amnesty would be provided for previous failures to notify the ROC of relevant changes to business or company informatio­n.

 ?? Picture: REPEKA NASIKO ?? Attorney-General Aiyaz Sayed-Khaiyum at the Legal Aid Commission corporate workshop in Natadola on Saturday.
Picture: REPEKA NASIKO Attorney-General Aiyaz Sayed-Khaiyum at the Legal Aid Commission corporate workshop in Natadola on Saturday.

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