A. M. 
The Technology, Tourism and Investment Commission of the Legislative Assembly received the director of the Centro Nacional de Registro (CNR), Camilo Trigueros, to discuss a reform to the Municipal Code that seeks to simplify the process of registration of companies in the Registry of Commerce. The proposal proposes to eliminate the municipal tax solvency as a requirement for the incorporation of new companies.
According to Trigueros, this modification will reduce time and costs for entrepreneurs, facilitating the creation of new companies. However, he clarified that the municipal solvency will continue to be a requirement in procedures such as modifications, mergers, transformations and dissolutions of companies.
In addition, the initiative contemplates the possibility of issuing the municipal solvency through electronic means in those registry procedures that still require it. This would allow a more agile and efficient access to the document, avoiding unnecessary travel and bureaucracy.
The director of the CNR emphasized that the digitalization and simplification of administrative processes are key to improving the business climate in the country. “We are betting on entrepreneurs being able to obtain solvency electronically”, he said.
With this reform, the government seeks to encourage investment and entrepreneurship, reducing administrative obstacles that hinder the formalization of new companies. The legislative committee will continue to evaluate the proposal before submitting it to a vote.
