Lesotho - Joint Ventures/LicensingLesotho - Joint Ventures/Licensing
Joint ventures, especially for large projects, are common. Joint ventures are either formed for limited periods, such as for a specific construction contract, or can be long-term ventures, such as in the mining industry. To start a joint venture or acquire a license to operate in Lesotho, a foreign investor must register with the OBFC. The LNDC also plays a facilitating role for foreign investors, providing information to prospective investors, arranging for site visits, and helping with permits and licenses as well as certain operational problems. For more information on how LNDC can help with joint ventures and licensing, please visit: http://www.lndc.org.ls.
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