ERegulations designed to simplify and bring total transparency to investment procedures.

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Presentation transcript:

eRegulations designed to simplify and bring total transparency to investment procedures

A GLOBAL TRANSPARENCY PROJECT A United Nations Conference on Trade and Development (UNCTAD) initiative With international partners: United Nations system, Government of Luxembourg… Implemented in more than 28 countries on 4 continents. ⇨ ⇨ ⇨ Implemented in El Salvador by the Directorate of Innovation Technology and Informatics of the Presidency of the Republic ⇨

⇨ ⇨ ⇨ WHAT IS E-REGULATIONS? An online information system for national and international investors and entrepreneurs An intuitive step by step description of administrative procedures relating to investment An illustrated presentation of contact persons, locations, forms, recourses and laws

⇨ ⇨ ⇨ SOUND AND SIMPLE APPROACH Procedures are presented from the investors’ point of view (and not the civil servant’s) The investor is considered a ‘customer’ of the administration: expectations of a service, a recourse and total transparency Each procedure is described step by step (every single interaction with the administration is presented) Procedures can be simplified, by eliminating requirements that are not relevant or legally justified and computarized. ⇨

⇨ ⇨ ⇨ STRATEGIC OBJECTIVES Helping potential investors with clear, complete and accurate information on investment procedures and with a recourse at all times Improving the business climate by increasing administrative transparency Identifying streamlining measures to strengthen the national economic attractiveness (Doing Business)

STRATEGIC OBJECTIVES (continued) ⇨ ⇨ Providing micro-entrepreneurs with a guide on how to formalize their business and comply with rules and regulations Spurring and monitoring streamlining of procedures and the creation of a specific legal status adapted to the needs of micro entreprises

Overview of the eRegulations system Please visit to experience the system

A clear and pedagogical homepage A short introduction to E-regulations Online access to procedures through menus 100% Adjustable content incl. videos, pictures etc.

1. A targeted introduction and menu to the selected procedure 2. Information on the local administrative context

A step: mandatory interaction between administration and investor Overview of all the steps of the procedure Result : ‘what I come to get’ Person in charge: ‘who I have to meet’ and “where” Requirements : ‘what I have to provide in order to get my result(s) Downloads all forms here and get visual examples of every document!

Costs : ‘what I have to pay at this step’ Duration : ‘how long it should take me to complete the step and how long before I can go to the next step’ Legal justification : download the articles that justify the steps legal existence Additional information : context, background, comments

Complaints : the user can contact the highest authority in charge of the step Send an to the system coordinator to report information that is incorrect (if the user had a different experience than what is described in the step)

List of steps to complete the procedure All results : ‘what I will get during the procedure’ Where will I have to go to complete the steps of the procedure? The summary view of the procedure: compilation of costs, delays, results and requirements

Procedures certification 1. Certification : official validation by the highest authority in charge of the step 2. Date and signature : periodical update of the information

Clarified and documented procedures can be computerized Please visit to experience the system

And write to