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Figure 36. Extent that getting a business license is a problem for enterprises in the Manufacturing Sector
from Unlocking Opportunities for the Private Sector in Nepal Promoting greener and more inclusive growth
6.2.3 Business licensing and permits
Majority of enterprises in Province 2 rated business licensing and permits as “serious” and “moderate” problem. In Lumbini, business licensing was considered by 50% of respondents as a “moderate” problem while the remaining half said it was a “minor” problem.
Figure 36. Extent that getting a business license is a problem for enterprises in the Manufacturing Sector
Online business registration. Although the introduction of the online business-registration system at the Office of Company Registration (OCR) has reduced the time to register a company, new entrants (particularly corporations) encounter difficulties in complying with the various requirements. Some new businesses hire intermediaries to help in the business registration which increased the cost of starting a business. Others pay facilitation fees to accelerate the processing of their registration and other pertinent permits.