As part of its 16thEconomic Policy Package to date, the Government has issued Presidential Regulation No. 91 of 2017 on the Acceleration of Business Operations (“Regulation 91/2017”), with the ultimate aim of reorganizing the current business licensing regime, as well as accelerating business operations within special economic zones, free-trade areas, industrial areas and tourism areas. [1] Regulation 91/2017specificallyaddresses the following matters:
Government Simplifies Business Licensing in Special Economic Zones, Free-Trade Areas, Free Ports, Industrial Zones and Nationally Strategic Tourism Areas
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