Registering a company will soon be done much quicker

We submit all the documents in one place, we wait 20 days and we have registered our business activity - this is the new vision for the future that was put forward by the government in a new plan devised to encourage entrepreneurship. "The project also aims at improving the financial state of the country," stated Labor Minister, Jerzy Hausner, at a press conference. Establishing a company will become easier. Thanks to the new amendment to the regulation concerning business activity, potential entrepreneurs will no longer have to run from one institution to another, but will settle everything in one place. Individuals will register their business activity in the gmina and companies will register at the Nationwide Judicial Registration Office (KRS). "Until now, the process of setting up a company has taken around 58 days. In the EU, this process takes on average 30 days; our intention is for it to take only 20 days," said deputy economy minister, Małgorzata Okońska-Zaręba. (Gazeta Wyborcza, p.16) A.C.