| TALLINN -- Entrepreneurs in tech-savvy Estonia will soon be able to register a new company in two hours on the Internet, thanks to a law passed by parliament Wednesday. As of January 1 next year, new businesses will be able to register on a newly created central information portal on the Internet, obviating the need to make a trip to the notary public or take a pile of documents to a government office. "Under the new rapid processing system, persons are identified and registrations take place using their national ID-card and digital signature on the Internet," Viljar Peep, head of official registers at the Justice Ministry, said. Under the new system it will take a maximum of two days to register a company, but the central registry office will try to complete the procedure in two hours. At present, company regisration takes up to 15 days. Continue reading "Estonians can register new companies in 2 hours via the Web" » |
