Costa Rica: Procedures for Starting a Business Streamlined
From 2012 the government will be offering a Digital Home Business System, which will reduce the time it takes to start a business to 20 days.
Friday, August 5, 2011
Currently it takes up to 60 days to complete the various formalities required for starting a business, which places the country among the slowest in the region, according to a global Doing Business report.
The 12 steps and 60 days that it took to start a business a year ago, have now been reduced to 9 steps that can be done within 24 days.
The Ministry of Economy in Guatemala has presented "Ventanilla Ágil Plus" (Agile Counter Plus), which will reduce the time for registering a business.
Four new decrees reduce timelines for certain bureaucratic procedures in the construction, agriculture and environment sectors.
The Costa Rican government has announced successes in de-bureaucratizing the country, but employers say that in reality plans to make it happened haven’t actually been put into action.
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