Croatia streamlines system to launch SMEs online

Competition

The Croatian Ministry of Finance and the countryʼs Financial Agency (FINA) on Monday launched the START information system that is designed to help create a small business on-line, without an authorized agent, within a few days and with only one electronic procedure.

START aims to integrate all business registers and procedures facilitating entry into the world of enterprise and reduce the administrative burden on businesses by more than 30%, Croatiʼs news agency HINA said.

Minister of Economy Darko Horvat said that a dozen different institutions had been integrated into a functioning system that would significantly help and simplify the process of starting a business for future entrepreneurs.

The START system has a single communication and data exchange point, where data are collected only once and are automatically exchanged between institutions and banks, HINA reported.

ADVERTISEMENT

Consumer price levels below EU avg in 2020 Analysis

Consumer price levels below EU avg in 2020

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Breast cancer screening at Dr. Rose Private Hospital Interview

Breast cancer screening at Dr. Rose Private Hospital

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.