A newly launched section in Armenian Government’s Electronic governance website lets an entrepreneur register a business in under 15 minutes from any internet connected computer.
The online registration of companies on tri-lingual (Armenian, Russian and English) website www.e-register.am was announced about a month ago. Today I tested the system a little bit and was very pleased to find out that everything works like a charm.
“The citizen no longer has to knock at several doors to get registered in the register and to collect necessary certificates and documents, since the registration of a legal entity is performed by a “One Stop Shop” (OSS) principle, and in electronic version as well,” the Government announced in a press release several weeks ago, claiming, that the process previously lasting 10-15 days, will now take 15-20 minutes and involve payment of only one unified fee.
The Electronic Register provides all the necessary fields and templates, including an automatically generated PDF application form and a standard charter template for any of about a dozen types of legal entities and institutions one can register, including limited liability companies, joint stock companies, branches of foreign companies, funds and charities, non-profits and non-governmental organizations.
The procedures for registration of companies has become increasingly streamlined in recent years. I registered and organization back in 2006 and the process took me a month. Last year I registered a company and it took me only 3 days, leaving me rather pleased and impressed. But this internet registration is simply WOW! It is indeed possible to complete the registration in 15-20 minutes.
I’m often critical of the Armenian Government, but progressive steps like this one, or the Interactive Budget which features quite prominently on Government’s website, should be recognized for what they are.