From January there will be a fall of up to 50% in rates for registry services for the registration of assets, rights and guarantees for SMEs.
The National Assembly approved the rates for public registrations in the national registration system, which will take effect on January 1, 2016.
"... With the reform, the productive sector, mainly agriculturalists, will pay 50 percent less than what they are currently paying for the registration and paying down their mortgages and their collateral. "
The new platform combines the previous two, the one used for the United States and in other countries, combining them into one platform.
From a statement issued by the Panamanian Food Safety Authority:
The Food Registration Department under the National Standards for Food Import (DINAN) of the Panamanian Food Safety Authority (AUPSA), informs users and the general public that a platform has now been enabled for food registration processes. The new platform combines the previous two, that is the one used for the United States and other countries, making a single platform.
Agricultural entrepreneurs say that to register a product state agencies ask for requirements and information which in many cases "can not even be substantiated".
In the last ten years only 6 active ingredients have been registered, as the competent authorities on the subject "... are using technology from the 80's and 90's." This situation reduces the competitiveness of Costa Rica, as in most countries in the region products registered after having completed the approval process in the United States.
Companies with under $38 billion in capital will be able to register without paying duty to the Register of Commerce.
The Register of Commerce has also reduced the number of steps needed to open a new business, reducing the time from 17 to 13 days.
"The head of the Register, Rodrigo Valladares, said that the constant changes aim to streamline the business registration processes, providing legal certainty to new entrepreneurs, and for this reason they have extended the options so that people can be made aware of the processes."
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
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