MALAWI on Monday switched on the Malawi Business Registration System which will see businesses registering online.<\/p>\n
The new system is expected to reduce the amount of time taken to register a business from 39 days to 24 hours and help Malawi take a major leap on the World Bank doing business index where the country has ranked low for many years.<\/p>\n
Registrar General Chapusa Phiri said the new system will allow entrepreneurs to register businesses while in the comfort of their offices or homes.<\/p>\n
\u201cSo long as one has internet connectivity, you should be able to register a business in Malawi from wherever you are in the world. People no longer have to physically come to the Registrar General\u2019s office,\u201d<\/p>\n
he said. Those without internet could still come and be assisted at the Registrar General\u2019s business centre, said Phiri.<\/p>\n
He explained that those registering a business just need to log on to the department\u2019s website a fill a form and give details of their identification such as a driver\u2019s licence or a passport.<\/p>\n
The new system has also been connected to the Malawi Revenue Authority (MRA) and allows businesses get an automatic taxpayer identification number upon registry.<\/p>\n
\u201cThis will ease the work of businesses as well as MRA on issues of taxes,\u201d said Phiri.<\/p>\n
The system, whose development started in 2007, has been set up with technical and financial support from the World Bank and the European Union with Technobrain as the installation contractor.<\/p>\n","protected":false},"excerpt":{"rendered":"
MALAWI on Monday switched on the Malawi Business Registration System which will see businesses registering online. The new system is expected to reduce the amount of time taken to register a business from 39 days to 24 hours and help Malawi take a major leap on the World Bank doing business index where the country […]<\/p>\n","protected":false},"author":3,"featured_media":8183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-8181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/8181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=8181"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/8181\/revisions"}],"predecessor-version":[{"id":8185,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/8181\/revisions\/8185"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/8183"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=8181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=8181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=8181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}