PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600103

Primary Business Area

Investment Climate

Disclosure Date

Mar 27, 2014

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

IFC Approval Date

Dec 27, 2013

Status

Completed

Estimated Total Budget

$1,202,450.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Dec 30, 2016

Project Description

This project seeks to create one-stop-shops that will link all procedures (taxes, operating licenses, social security and national registries) needed to register a firm. The proposed methodology will comprise two components: Business Entry Simplification (to be rolled out in all countries on focus) and Regional Networking and Sharing of Best Practices. Component I is composed of three phases: 1. Mapping and diagnostic; 2. Proposal development on simplification procedures; 3. Implementation of reforms. Component II comprises three phases: 1. Regional Networking & Knowledge Sharing Events for government officials and private sector representatives; 2. Collection and systematization of best practices; 3. Design and implementation of an integrated communications system linked to the IT solution of the one stop shop.

Development Results

E&S Risks / Impacts and Mitigation