The main objectives of this component are to:
Creating a new Automated Company Registration System (ABRS)
IPSD will design and support the automation of a new business registration saving entrepreneurs time and money and positively impacting the Palestinian entrepreneurship culture because it will encourage larger numbers of companies to register in Palestine through a simpler and more efficient process.
Following the enactment of the new company’s law in December 2021, this subcomponent will develop a custom-built digital registry system and invest in ICT infrastructure. The registry system will be aligned with good international practices and will be developed while simultaneously providing capacity building of the Ministry of National Economy, and a communications campaign to raise awareness of the benefits of companies law .
The new Automated Business Registry System will support online processes including company name search, registration for various types of companies, registration changes, and improved availability of company registry data to the private sector and government agencies. Additionally, the platform's document management capabilities will be upgraded and the system will support the establishment of a unique business identifier to facilitate the exchange of company information across the Government.
Read more about this at : http://www.mne.gov.ps:9095/ords/f?p=103:298