NewsWhore
02-19-2008, 01:50 PM
The National Competitiveness Council (CNC) launched a virtual facility yesterday, enabling companies to cut through the governmental red tape needed to form a company in 78 hours, down from the present 22 days. The online service is available through creatuempresa.gob.do (http://creatuempresa.gob.do)
The new service reduces the time and effort needed to set up a company by combining databases of the private and governmental entities dealing with company formation in the DR. NCC director Andres Van der Horst Alvarez said that the initiative creates a new synergy between public institutions and private entities.
The new system, TeknowLogic, is certified by Microsoft and will place the DR among world leaders in the IT sector considering that the system is compatible with other computer systems.
The CNC worked closely with the Industrial Property Office (ONAPI), the Tax Department (DGII) and the Santo Domingo Chamber of Commerce (CCPSD) and the Presidential Information Technology Office (OPTIC) to create the virtual company maker. Also backing the project are the Center for Export and Investment (CEI-RD) and the Ministry of Industry and Commerce (SEIC).
Anyone who registers on the website can check the availability of a possible company name and register it (ONAPI), register the company with the Chamber of Commerce (CCPSD) and pay taxes (DGII). A manual, in Spanish, provides a detailed run-down of the services offered.
Upon making the announcement, CNC executive director Andres van der Horst said that the new facility is surely to improve the position of the country in the Doing Business of the World Bank ranking in terms of starting a business.
He announced that the CNC is lobbying for Congress to pass a simplified law that would allow companies to be formed without the present requirement of seven shareholders. These measures are part of the implementation of the CNC's competitiveness strategic plan.
More... (http://www.dr1.com/index.html#1)
The new service reduces the time and effort needed to set up a company by combining databases of the private and governmental entities dealing with company formation in the DR. NCC director Andres Van der Horst Alvarez said that the initiative creates a new synergy between public institutions and private entities.
The new system, TeknowLogic, is certified by Microsoft and will place the DR among world leaders in the IT sector considering that the system is compatible with other computer systems.
The CNC worked closely with the Industrial Property Office (ONAPI), the Tax Department (DGII) and the Santo Domingo Chamber of Commerce (CCPSD) and the Presidential Information Technology Office (OPTIC) to create the virtual company maker. Also backing the project are the Center for Export and Investment (CEI-RD) and the Ministry of Industry and Commerce (SEIC).
Anyone who registers on the website can check the availability of a possible company name and register it (ONAPI), register the company with the Chamber of Commerce (CCPSD) and pay taxes (DGII). A manual, in Spanish, provides a detailed run-down of the services offered.
Upon making the announcement, CNC executive director Andres van der Horst said that the new facility is surely to improve the position of the country in the Doing Business of the World Bank ranking in terms of starting a business.
He announced that the CNC is lobbying for Congress to pass a simplified law that would allow companies to be formed without the present requirement of seven shareholders. These measures are part of the implementation of the CNC's competitiveness strategic plan.
More... (http://www.dr1.com/index.html#1)