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RA Law On Firms To Permit To Simplify Procedures Of Firms Registrati

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  • RA Law On Firms To Permit To Simplify Procedures Of Firms Registrati

    RA LAW ON FIRMS TO PERMIT TO SIMPLIFY PROCEDURES OF FIRMS REGISTRATION

    Noyan Tapan
    Dec 20 2007

    YEREVAN, DECEMBER 20, NOYAN TAPAN. The RA bill On Firms was approved
    at the RA government's December 20 sitting, As Nerses Yeritsian, the RA
    Minister of Trade and Economic Development, informed journalists after
    the sitting, the bill simplifies the procedures of firms registration
    and reduces expenditures needed for registration.

    According to the current order, for registering their firm owners of
    firms apply to local structures and parallel to it to the intellectual
    property agency to check and establish firm's name and only then
    register it in the state register. The bill envisages to carry out
    registration by the principle of one window, at one institution of
    state registration.

    N. Yeritsian also said that the law will permit to introduce an
    electronic management system, after which firms can be registered
    through Internet.
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