Company Registar Office launches IT unit

THE Company Registrar Office (CRO) on Friday launched a separate Information Technology unit at its office in Tripureshwor, Kathmandu. With the new structure, the CRO plans to provide efficient IT service to the people who visit the office to register their companies and related work. The CRO said it has set up the IT unit in line with the automation system that it started six month ago. The automation system, that which was started with support from the International Finance Corporation (IFC) of the World Bank Group, is expected to replace the existing manual system. The system is expected to maintain transparency and end hassles in official work such as company registration, renewals and share transfers, among others. Inaugurating the IT unit, Finance and Industry Minister Shankar Prasad Koirala said the procedural reform in the public body could help maintain service quality. With the installation of the IT unit, the CRO also plans to open service centres in various locations outside the Kathmandu valley. The service centres will facilitate the people in forwarding documents online along with helping them in other official processes. A CRO official said the office will open the service centres each in five development regions and separate such centres in business hubs like Birgunj and Chitwan. CRO Registrar Shankar Aryal said they are holding talks with the Federation of Nepalese Chamber of Commerce and Industry, Computer Association of Nepal and the IFC for establishing the service centres. “We will soon initiate the process in coordination with these organisations,” he said. The CRO has so far registered 133 companies online and provided usernames and passwords to 265 companies that are in the process of registration. Of the 115,000 companies registered with the CRO, it has digitalised 90,000 companies’ files since the commencement of the online service.