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Company registration portal. Create Your Own Company in 12 minutes! Estonia Ingmar Vali. Case’s specifications. Name of the case: Company Registration Portal (CReP) – Create Your Own Company in 12 Minutes ! (Estonia)
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Company registration portal Create Your Own Company in 12 minutes! Estonia Ingmar Vali
Case’s specifications • Name of the case:Company Registration Portal (CReP) – Create Your Own Company in 12 Minutes! (Estonia) • Main focus: how to create a company comfortably, easily and within a short timeframe without any threat to the legal certainty. • Related parties: Centre of Registers and Information Systems and Ministry of Justice • Scale • Used nationally • Accessible by Estonian ID-card owners (incl. people with residence permit and permission to work) • Beneficiaries are entrepreneurs, citizens, civil servants
Company registration portal • Start a new company • Change the information of the already existing legal entity • File an annual report
Project impacts • Simplified, clear and guided company registration process- citizen. • Company registration procedure is much faster! • Expedited procedure approx. 2 hours • Entrepreneurs and citizens can file the documents or register a new legal entity without leaving home or filling in paper forms. • The technical work of the civil servants has been lessened significantly. 28 % of the new companies are registered through CReP since 01.01.07
Requirements • Digital Commercial register • Digital authentication and qualified digital signature (ID-card; PKI) • Internet banking • Predetermined Articles of association
Over all Company registration portal saves: • The time • The energy • The money …. and it is totally paper free. + it is a sustainable solution.