In the Kingdom of Bureaucracy
The long processes to start a company in Costa Rica do not seem so bad for Latin America, but they are unacceptable at the international level.
Tuesday, June 23, 2009
When a country wants to enter the global market as a means for progress and economic and social development, it should offer expedited pathways for investors and entrepreneurs to start a business or to facilitate introducing their products and services to the economy.
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Since 1994, successive Costa Rican governments have said they will try to reduce bureaucracy but to date excess red tape remains a problem.
The Ministry of Economy in Guatemala has presented "Ventanilla Ágil Plus" (Agile Counter Plus), which will reduce the time for registering a business.
Employers point to the thick web of paperwork that must be traversed in Costa Rica if you want to start a new business.
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.
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