Ease of Doing Business
Helping governments maximize societal wealth and efficiency by building a thriving business climate using cost-effective public administration systems.
Economic activity speeds up and investments flow in when company registration is easy and can be done in an hour. The traditional business registers should also serve in other ways than simply providing undertakings a name and number. With the help of technology, business registers can be developed into open "one stop shops“ for entrepreneurs to communicate with the government and get information for business development.
Digital 24/7 Business register
Entrepreneurs can establish a legally valid company online by providing all necessary documentation to the register electronically and signed digitally. The company name can also be checked from the integrated trademark register in order to avoid naming conflicts.Read more Read more
Capital and investments tend to move to the places where market access and regulations are easy, transparent and effortless to comply with. Affordable fast internet and widespread IT literacy enable services, which were unimaginable 20 years ago. It was not possible to set up a new company in a few minutes, now it is. It was not possible to fill tax reports on a portal, now it is. Such changes are driven by technology, but also require policy and regulation changes.
Simplifying activity licensing procedures can speed up economic growth. This can also make public control over safety stronger, not weaker.
Online company registration reduces the related administrative workload by half both on government and entrepreneurial side.