international business registers report 2015
TRANSCRIPT
Hayley Clarke, Canada Maria Paola De Salvador Tatis, Colombia Kasper Sengelöv, Denmark Rolf König, Germany Celia Johnston, Germany Vito Giannella, Italy Snezana Tosic, Serbia Latha Kunjappa, Singapore Annika Bränström, Sweden Magdalena Norlin Schönfeldt, Sweden Monica Grahn, Sweden Ricco Dun, The Netherlands Stacey-Jo Smith, UK
Legal and Institutional Settings
Processing Time
e-Services
Funding and Fees
Business Dynamics
Case Studies
…and Snap Shots
Chile: “If they don't have an electronic certificate, they have to verify their identity through a notary”
Canada, corporations Canada: "User ID is only required to change address and director information and to dissolve a corporation“
Singapore, ACRA: “ They use their unique user identification number and SingPass(national PIN).
Botswana: ”Our system is interfaced with for example Botswana unified Revenu Services.”
Norway: ”Other authorities are obliged by lawto use the data we provide.”
Canada, Saskatchewan: ”We provide data to a business hub as part of our common business identifier program.”
Australia Australian Securities & Investments
Commission (ASIC)
Operated by Government Average incorporation fee (private limited) € 315
Structure Centralised Average time to process application for formation, number of hours
3
Funding Government Average time to process application for changes, number of hours
5
In charge of receiving annual accounts Yes Percentage of electronically submitted documents for formation
97
In charge of receiving annual returns No Percentage of electronically submitted documents for changes
91
Mandatory pre-registration steps None Minimum share capital (private limited) € -
Total number of entities registered as
of December 2014
4286832
Minimum number of founders (private limited)
-
Number of entities registered in 2014 535237
Minimum number of shareholders (private limited)
1
Number of entities terminated in 2014 148248
Minimum number of board members (private limited)
1
Number of submissions for changes in 2013
2380306
Part of a one-stop-shop Yes
Albania Commercial Register Operated by Government Average incorporation fee (private limited) € 1
Structure Centralised Average time to process application for formation, number of hours
19
Funding Government Average time to process application for changes, number of hours
19
In charge of receiving annual accounts Yes Percentage of electronically submitted documents for formation
0
In charge of receiving annual returns No Percentage of electronically submitted documents for changes
0
Mandatory pre-registration steps None Minimum share capital (private limited) € 25000
Total number of entities registered as of December 2014
160854
Minimum number of founders (private limited)
1
Number of entities registered in 2014 16729
Minimum number of shareholders (private limited)
1
Number of entities terminated in 2014 3987
Minimum number of board members (private limited)
3
Number of submissions for changes in 2013
30725
Part of a one-stop-shop Yes
Rosanne Bell, ASIC, Australia
Andrés Ylla García-Germán, Registradores, Spain
Joey Mathekga, Companies and Intellectual Property
Commission, South Africa