OREANDA-NEWS. February 18, 2011. IFC, a member of the World Bank Group, and Tajikistan this week are launching a website to help businesses get information on licensing procedures, a move that will streamline the issuance process of permits and licenses and support private sector development.

Tajikistan’s State Committee on Investment and State Property Management developed the Single Electronic Registry of Tajikistan, which for now provides information on licensing procedures. Upon adoption of the Law on Permits, expected by May 2011, the website will give detailed information on business licenses and permits, including rules and requirements, costs, application forms, templates, and contact details for the relevant regulatory authorities. The registry will be available in Tajik, Russian, and English.

“The online registry will benefit entrepreneurs by helping reduce time and costs associated with license and permit compliance,” said Saidov Davlatali, Chairman of the State Committee on Investment and State Property Management of the Republic of Tajikistan.

The Single Electronic Registry will be the first, comprehensive source of information and materials on business licenses and permits required for doing business in Tajikistan, and it will help all businesses understand and comply with regulatory requirements more easily.

Christopher Miller, IFC Country Officer for Tajikistan, said, “IFC is committed to supporting the government’s efforts in ongoing regulatory reform to increase access to information, establish a new legal basis for introducing business permits, and streamline the process for doing business in Tajikistan.”

This initiative is part of the IFC’s Business Enabling Environment Project funded by Switzerland through the State Secretariat for Economic Affairs and the United Kingdom’s Department for International Development. The project aims to improve the business environment in Tajikistan by removing key regulatory barriers to business entry and operations.