Investor Presentaiton
MENA-OECD
INVESTMENT
PROGRAMME
1.
2.
IV. Regulatory Framework
A crucial aspect which is often overlooked is the simplification
and streamlining of investment approvals, expatriate work
permits, granting of import and export licenses, accelerated
customs inspection and automatic foreign exchange access.
A simple declarative investment registration system is encouraged;
where applications should be submitted to a single government office
that provides the license;
Criteria for approval or denial should be made public and a list of
ineligible activities should be used instead of specifying only eligible
activities as to guarantee transparency;
3. Provision of secondary permits and authorizations should be
facilitated by allowing one relevant authority to grant such
authorizations.
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