Sri Lanka, Nov. 11 -- A pilot project to simplify and unify the business name registration process, with the aim of enabling registration within five days, was officially launched in Anuradhapura yesterday (10).

The Simplified and Unified Business Name Registration (BNR) initiative was launched under the patronage of Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe.

The initiative, jointly implemented by the Ministry of Industry and Entrepreneurship Development, Chrysalis and the Provincial Councils, aims to streamline the registration of sole proprietorships and partnerships through a uniform system across the country.

The reform seeks to modernise a registration system operating under a legal framew...