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Company registration portal Create Your Own Company in 12 minutes! Estonia Ingmar Vali
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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
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Company registration portal Start a new company Change the information of the already existing legal entity File an annual report
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Efficiency
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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 Project impacts
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Requirements Digital Commercial register Digital authentication and qualified digital signature (ID-card; PKI) Internet banking Predetermined Articles of association
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Over all Company registration portal saves: The time The energy The money …. and it is totally paper free. + it is a sustainable solution.
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