3.1.5 Timeframe for Processing Foreign Business License Applications
The Cabinet (for businesses in Schedule Two) or the Director-General (for businesses in Schedule Three), must complete consideration of an application for a Foreign Business License within 60 days from the date of receipt. If the Cabinet, in a case of necessity, is unable to complete its consideration within such period, it may be extended as necessary but shall not exceed a further 60 days. The Minister of Commerce or the Director-General, as the case may be, must issue the Foreign Business License within 15 days from the date of the Cabinet’s resolution or the Director-General’s approval.