Sound and sustainable institutional frameworks for business entry administration and updated, transparent and accessible databases on businesses are the core building blocks of a good business environment. Without efficient entry institutions or basic information on business activity, governments cannot provide legal certainty for investors looking to access a new market or build new partnerships. This video provides an overview of the World Bank’s reform assistance in this area.
First and the foremost point of the business entry, the legal requirement must be fulfilled. Must be started under efficiency and productivity mindset.
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