ZAGREB, March 21, 2019 – Members of parliament from both the parliamentary majority and the opposition on Friday supported, in a joint debate on the Companies Bill and the Court Register Bill, the proposed amendments that aim to facilitate the establishment of companies.
Justice Minister Dražen Bošnjaković said that the purpose of the amendments was to make the establishment and registration of companies, limited liability companies and simple limited liability companies faster and cut costs related to their establishment.
Among other things the bills propose on-line registration of limited liability and simple limited liability companies and introduce electronic communication with the court register.
The amendments also facilitate exit from the market by defining procedures for a simpler, faster and cheaper liquidation of a company, said Bošnjaković.
Welcoming the proposed cost-cutting and easier liquidation, Social Democrat MP Orsat Miljenić said that any step towards moving away from paper-based procedures was welcome.
Nikola Grmoja of the MOST party said he welcomed any change towards greater competitiveness of the national economy but added that more radical measures should have been proposed to eliminate administrative barriers.
Žarko Tušek of the ruling HDZ party said that the proposed amendments would significantly facilitate the establishment of companies with the aim of making the economy more competitive and more open to investments.
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