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INVESTOR FACILITATION AND AFTERCARE SERVICE: Image The Investor facilitation service has the objective of providing a one-stop service facility for investment information and support to local and foreign direct investors who decide to establish business in Swaziland. Information provided covers basic cost factors, availability and costs of utilities, labour and transport costs. In addition, information is provided on business registration and licensing, work and residence permits, factory shells and available factory sites. This department also reviews government policies, regulations and legislation and makes recommendations for reforms to the relevant Ministry.
In this regard a SIPA Marketing Brochure and A Guide to Investing in Swaziland Handbook have been developed and distributed to potential investors. Recommendations have been made to Government in the areas of Corporate Tax and Entry Permits. Other recommendations have been made on Bills which are to be piloted by the Ministry of Enterprise and Employment. The processing of Investors' Work and Residence Permits is now handled by SIPA officials who, at this juncture, then communicate with the Department of Immigration on behalf of the Investor. Within the Investor Aftercare Programme, the Department visits and assists established businesses on difficulties they may be experiencing so as to try and retain such investors in the country. SMALL AND MEDIUM ENTERPRISES DEVELOPMENT (SMEs): This department has the responsibility of developing local entrepreneurs and encouraging them into participating in investment projects, particularly the primary business sectors as opposed to the retail sector. It also assists local entrepreneurs with their plans for expansions, and forming linkages with foreign direct investors either in joint-ventures or in sub-supply functions. The department conducts business seminars across the country in an effort to raise awareness and help budding business groups organise themselves. Our Assistance comprises the following: - Information on cost of Doing Business in Swaziland
- Identification of Investment Opportunities
- Assistance in Sourcing Finance for investment Projects
- Creating Linkages for SME Developments with local & Institution Support
- Foreign & Local Business After-care support and Troubleshooting.
- Business Registration
Company Registration - Trading Licences
- Special Licences
- Temporary Work Permit & Visas
- Factory Space
- Identification & Provision
- Business Linkages
- Joint Venture Partnerships
- Subcontracting
- Outsourcing
- Expansion & Diversification
- Coordinating Investment Activities with other Government Agencies/Utility Providers
- Investment Project Profiles
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Last Updated ( Thursday, 28 May 2009 )
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