Aug 22, 2018

Change in business registration procedure in the East

With the aim of streamlining the business registration process in the Eastern Province a new business registration charter has been formulated, said the province’s Chief Secretary Sarath Abayagunawardena.

He noted that while this charter is operational in other provinces, it is not operational in the eastern province and the charter would be presented for approval once the Eastern Provincial Council is established.

He added that through this, a proper streamlined mechanism would be established for registration of businesses, while it would also simplify the process of obtaining bank loans.

Lakmal K. Baduge – Trincomalee Corr.