The simplification consists of exempting 75.000 small businesses in Denmark from the obligation to have an accountant examining the businesses annual report/financial statement. The small businesses can now choose whether they wish to have an accountant examine/attest their annual report. In 2006 the realised cost reduction through...

As part of its National Anti Corruption Strategy, Georgia passed the Law on Licences and Permits on 24 June 2005, which aims at creating a competitve business environment by making procedures clear, transparent and predictible. Licences and permits, which could not be probably explained and justified, were removed, resulting in a decrease in th...

Chapter V of Law 241/90 of 7 August 1990 provides for right of access to administrative documents. Public bodies must respond to requests within 30 days. In case the public authority does not reply within that time frame, the so-called "silence-is-consent rule" applies, i.e. once the deadline has passed, the authorisation is considered given.

The law aims at providing small- and microenterprises with a special legal treatment to boost entrepreneurship among these groups. By this law the government reduces and simplifies tax requirements, duties and credit obligations in order to stimulate the creation of SMEs and micro enterprises.

The new french law on company creation is a break-through in terms of facilitating business and widening the scope of potential entrepreneurs. Several processes were grouped into one, which creates a one-stop shop for company creation in France. For the first time, the law allows for companies to be created online (see the corresponding E-Tool ...

Panama Emprende is a new concept where people wishing to start new businesses in Panama may do it in a simple way, with the sole obligation of informing the State that they are starting a new operation. The only step required for the start of a commercial, industrial or servicices activity in the territory of the Republic of Panama will be the ...

The law creates rights for users to access the data collected on them by the administration as well as the rights and processes of administrative actions and decisions. It specifically mentions the access to information on procedures (e.g. "every administration is compelled to communicate to users correct information on the procedures and forma...

The silence-is-consent rule was introduced in Mauritius in 2006. Public authorities are obliged to reply to requests for business licences within three working days. If the time needed to respond a request exceeds three working days, the receipt that acknowledges that the applicant has filed for the permit, becomes his actual business licenc...

The Service Directive 2006/123/EC of the European Parliament made an obligation to all EU countries to set up, in a maximum of three years, physical and online points of single contact at which an applicant may complete all the necessary formalities for accessing and exercising a service activity. The Directive has had a strong stimulating e...

The Armenian Law on Licensing was adopted on 30 May 2001 and contains the “silence-is-consent” provision as one of its major features. It states that “when the application for receiving a license is not decided within the given time period [30 days] mentioned in this part, the application shall be deemed satisfied and the applicant may comm...