In this webinar, the CNR detailed that an increase in business registrations through this platform has been reported, with more than 810 procedures created in the web portal.

The sum of the capital stock of all the SAS incorporated to date amounts to more than US$256,000.

According to the Executive Director of the CNR, Camilo Trigueros, as of march 12, 2024, around 133 businesses were registered as SAS, of which 44% have been incorporated online and 56% in person. Another highlight is that 76% of these have been incorporated as sole proprietorships.

This project has allowed 70% of the SAS to open a bank account in institutions of the salvadoran financial system.

Another benefit is that it does not require the appointment of an external auditor, nor the preparation of a public deed, explained the executive director of the institution, Camilo Trigueros.

According to the CNR, the highest demand for this type of procedure has been registered in San Salvador, with 82 registered businesses; followed by La Libertad, with a total of 26; San Miguel and Santa Ana with six; Usulután with four businesses, Ahuachapán and Morazán with three; while Chalatenango, La Unión and San Vicente registered one business.

Translated by: A.M