Private companies to be created within 2 days in Catalonia
The Catalan Government has issued the Bureaucratic Simplification Law, which should speed up the creation of new private businesses. The new bill should make things easier for 75% of new business initiatives, according to the Catalan Minister for Business and Employment, Felip Puig. He explained that entrepreneurs carrying out innocuous or low-risk activities will be able to create a new company and start working within 48 hours, after having signed a responsibility statement, registered the new company and made sure that their premises respect all the regulations. Therefore, it will be the entrepreneurs' responsibility to make sure that the new business respects the legal framework, setting up "a framework of trust" between the entrepreneurs and the Government, said Puig. Once the business activity launches, public bodies may run inspections to make sure everything is in order.