Somalia federal government parliament is having session to read the national law for the companies the profit and no profit entities operating in the country. the law will make details the rights, role and the regulation of the companies both national and international deal service or good in the local
Somalia has been in conflict that has increased the foreign companies working in the country some of them working with out legal permission for the government and local authorities in the country. this has made very easy for foreign companies work in the country. even most local companies are registered in the country they work informal way that made hard to be taxed and audited
lack company law in the country is attributed the corrupt business in the country resulting import of the fake products and service the medicine and the food as well as the electronic equipment, this law may some how reduce all these corruption.
the session is going and this is the first session Mr. Mursal chaired the new speaker of the parliament
