Busines Environment

After decades of war, Afghanistan is on the road to recovery. The economy has improved significantly since the fall of the Taliban regime in 2001, largely because of the recovery of the agricultural sector and strong private sector growth.

With the growth of the economy in Afghanistan a lot of opportunities in doing business in Afghanistan have been established. The Afghan economy grew about 22% in 2009 over 8% in 2010.  GDP per capita has quadrupled since 2002.

With the new established One-Stop-Shop for business registration, it takes only 3 days to start a business. Following steps need to be completed in order to start a business:

  • Register business at ACBR
  • Get a Tax Identification Number (TIN) at ACBR
  • Register business specification for Revenue Department at ACBR
  • Publish business in the official gazette at ACBR
  • Pay fees at Da Afghanistan Bank (500 AFN for registration, 1000 AFN for publication)
  • Referral Letter to obtain a license from ACBR
  • Get a sector license from the particular license department (For investments: AISA)

Afghanistan’s mining investment policies and regulations have been reformed in order to support national and local economic development, to encourage rapid development of the country’s mineral resources, thus generating significant revenues through production royalties and corporate taxes (approximately US$1.5 billion annually by 2016) and also to offer investors a chance to better-understand Afghanistan’s mineral potential to make informed decisions. Local entities, such as AISA, government offices and local consultants are available to provide information on investments and business support to get access to local know-how and business practices in Afghanistan.

The Ministry of Mines has begun tendering some of Afghanistan’s most promising mineral and energy resources. Qualified investors have a unique opportunity to secure access to a number of world-class mineral and energy projects.

The aim of the Ministry is to facilitate development of the mining sector based on international best practices and creation of a safe, secure and pro-business investment environment.

The Ministry of Mines Investment Promotion Department is here to help investor’s with their questions and to give them the necessary general, technical, geological, financial and legal framework information.  Investment promotion is the first contact point for investors who are in interested in investing in the mining sector. Investors can contact this department at miningenquiries@mom.gov.af with their questions and concerns.

 

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