Categorized | National News

AG Touts Plan To Improve Business In The Bahamas

Attorney General Allyson Maynard-Gibson unveiled a series of projects recently meant to make The Bahamas’ registry the most efficient in the region while also easing the impact of doing business in the country.

Mrs. Maynard-Gibson recently addressed the 10th International Business Finance Summit in Bimini.

She explained that the Office of the Attorney General under her watch has taken a number of steps to improve the country’s judicial system and she stressed the need for doing the same to ensure that The Bahamas’ position as a regional business leader is solidified.

Mrs. Maynard said key to improving business in The Bahamas is ensuring that the registry is the most efficient in the region.

“We are working on the logistics of restoring the system whereby deeds and documents were received, scanned, indexed and returned in 30 days,” she said. “We also wish to ensure that in the shortest possible time we enable persons to conduct reliable online searches on the database.”

The attorney general also said that she has appointed a committee of both private and public sector officials whose objective is enable the process of incorporation of a company to take place entirely online.

“The immediate result of this system will be that from launch on a go forward basis, it will be possible for reliable searches to be conducted of the database,” Mrs. Maynard-Gibson said. “The objective is to systematically upgrade all company services so that they can be provided online.”

She also noted that discussions are underway to design and implement a system that will allow births and deaths that occur at hospital to be registered online from the facility.

The attorney general said she expects maritime marriages services to be available entirely online in short order and she expressed her desire for the country’s registry to become a World Intellectual Property Organisation (WIPO) recognised registry.

“These are five significant projects,” Mrs. Maynard-Gibson said. “I am optimistic that by this time next year we will talk about them and how they are working as well as announce new projects that will help us to achieve the goal of having the most efficient registry in the region.”

Written by Jones Bahamas

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