IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 22 Feb 2017 | Removal date: open ended
Still in force

Import-related non-tariff measure, nes

The amendment scraps the obligation for companies to renew its trading business license every five years. The license was necessary to engage in international trade. According to the preamble of the regulation, the renewal was scrapped "in order to support the ease of doing business for companies in the field of trade" (own translation).

The amendment came into force on 22 February 2017.

AFFECTED COUNTRIES

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TABLE
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