International Business Registers Report

1. Annika Bränström
Celia Johnston
Monica Grahn

3.  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

4.  Theme – new questions
 Collaboration with the World Bank

6.  Legal and Institutional Settings
 Processing Time
 e-Services
 Funding and Fees
 Business Dynamics
 Case Studies
 …and Snap Shots

11.  Verification of identity
 Update of information
 The use and reuse of information
 etc..

13.  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).

16.  Botswana: ”Our system is interfaced with for
example Botswana unified Revenu Services.”
 Norway: ”Other authorities are obliged by law
to use the data we provide.”
 Canada, Saskatchewan: ”We provide data to a
business hub as part of our common
business identifier program.”

19. 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

20. 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

21.  Rosanne Bell, ASIC, Australia
 Andrés Ylla García-Germán, Registradores, Spain
 Joey Mathekga, Companies and Intellectual Property
Commission, South Africa

22. 1. Verification of the identity
2. Update
3. Reuse of data
4. One stop shop