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Freight & Trading Weekly

Automation makes it easier to do business in Mosambique

12 Oct 2016 - by Ed Richardson
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Automation and the creation

of online platforms in

Mozambique are making certain

elements of doing business easier

and more efficient, according

to the World Bank 2016 “Doing

Business” index.

Among the improvements

listed by the index are:

Trading across borders

An electronic singlewindow

system, along with

administrative improvement at

customs, has reduced the time

required to clear goods.

Paying taxes

Paying taxes has

been made easier for

companies by introducing a

new corporate income tax code

with a simplified scheme. For

those with annual revenues of

up to 25 million meticais, a

new value added tax act with a

simplified scheme for smaller

companies (those with revenues

between 750 000 and 2.5 million

meticais) and electronic tax

forms for social security taxes.

Enforcing contracts

The country’s contract

enforcement system

has been strengthened by the

addition of more than 20 judges,

all of whom have received

formal training; introducing

court administrators to ease the

administrative burden on judges;

and introducing performance

measurement for judges.

Starting a business

The time required to

start a business has been

shortened by implementing

electronic publication of

the incorporation notice

and eliminating provisional

registration. In addition, the

country has made the use of

notaries optional, computerised

its registry and introduced f lat

registration fees.

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FTW Mozambique 2016

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