Business registration and formalization

 

Activities under cluster 2 aim at extending and adapting existing - eGovernment systems to support MSMEs in their business activities during the COVID-19 crisis and to enable MSMEs to benefit from the relief measures, such as tax deferrals schemes, subsidies, loans- set up by Governments to kickstart the economy. This cluster also includes capacity building activities for national government officials and informal MSME entrepreneurs, and the development of policy toolkits for digitized MSMEs formalization.

Business registration and formalization

Outputs

E-registration programme in El Salvador

UNCTAD
Responding to a request from the Government of El Salvador, the project allowed for the creation of an online single window for MSMEs to register and access digital services, encouraging businesses formalization. Launched in June 2020, using a platform that can be configured for different countries, Cuentamype.org allows entrepreneurs to register their companies online - eliminating the previous cumbersome task of having to queue at multiple government offices.