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Europe Daily Bulletin No. 8158

25 February 2002
Contents Publication in full By article 35 / 40
GENERAL NEWS / (eu) eu/enterprise
Report on business start-ups highlights need to simplify procedures

Brussels, 25/02/2002 (Agence Europe) - The Commission has published the results of a comparative analysis on business startups showing that procedures are still too complex despite some rationalisation and his puts potential entrepreneurs off. Areas where progress needs to be made include on-line registration tools, minimum capital requirements and the time it takes to set up a limited company. Complex and cumbersome registration procedures always hold back business start-ups. Big efforts...

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