Information is detailed on procedures, costs, contacts, forms and public office documents.
The initiative is part of the e-Regulations system, driven by the Global Transparency Network.
The system is a step towards the implementation of e-government and a tool for simplifying administrative processes, by identifying unnecessary steps in the different procedures, said Romeo Rodriguez, coordinator of the National Competitiveness Program", reported Prensalibre.com.
Currently the site only contains information required by the Superintendency of Tax Administration and the Trade Registry, but hopefully other institutions will be added, said the Minister of Economy, Luis Velasquez.
Source: prensalibre.com
More on this topic
September 2010
The site will offer detailed information on the procedures to be followed in order to carry out any kind of investment in the country.
The website, http://elsalvador.e-regulations.org, contains information on various procedures in at least 14 government institutions.
"The site will also be useful to foreign investors since import and real estate rules will also be made available, as well as regulations relating to the purchase of stocks and shares," reports Laprensagrafica.com.
November 2008
Guide prepared by the professional staff of Deloitte Panamá.
It is designed to provide potencial foreing investors with fundamental information about Panama's enviroment, including factors a foreing investor should consider in deciding whether to acquire an existin Panama company or to start a new operation en the country.
March 2011
Investors should ensure that those who manage their assets must have sound processes and investment controls.
Summary of Fitch's special report "Know Your Manager: Investor's Guide to Identifying a Robust Investment Process.
Current level of macroeconomic uncertainty and market volatility has increased the need for investment processes and stronger controls for asset managers as well as a clear understanding of these processes by the investor.
April 2012
The OECD has included both countries in the list of countries that do not meet global standards on transparency in fiscal reporting.
Although the signing of the minimum number of bilateral tax information exchange agreements has allowed countries such as Costa Rica and Uruguay to leave the ‘gray list’ maintained by the Organization for Economic Cooperation and Development, now the challenge is to pass the scrutiny of filters detecting whether local regulations are effective in allowing tax information to be provided in a transparent manner.
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