St. Kitts and Nevis Information
St Kitts and Nevis Committed to Helping Business
2010-08-23 23:03:06 by
The government of St. Kitts and Nevis is working to reduce bureaucratic red tape and make it easier to do business in the federation. Currently there are eight steps to incorporate a company locally, which involves interfacing with many government agencies.
Reviews will be undertaken to simplify and lessen this process and make the application a one-stop job.
The reforms were prompted after the federation was ranked number 76 out of 183 countries in the World Bank Doing Business Project, which provides objective measures of business regulations and their enforcement. The rankings are from the Doing Business 2010 report, covering the period June 2008 through May 2009.
Reviews will be undertaken to simplify and lessen this process and make the application a one-stop job.
The reforms were prompted after the federation was ranked number 76 out of 183 countries in the World Bank Doing Business Project, which provides objective measures of business regulations and their enforcement. The rankings are from the Doing Business 2010 report, covering the period June 2008 through May 2009.