Essay Example on Starting A Business Transparency of information at business Registries

All these information easily available HOW IMPORTANT IS TRANSPARENCY IN BUSINESS REGISTRIES A good and true information is very important when a business is starting Transparency information is a pool of foreign investor that through transparency information the investor easily contact to the other person It reduce the risk of corruption and Miss Handballing Through the principal support liable for registering firms these business registries give permission to other companies to obtain a legal identity Through this lawful standing providing the enables to other companies to go into agreements with other companies through this Organization easily right of entry formal financial systems and offer on public sector agreements Sharing is a best way to other that everyone easily obtain this information Information publicly creates it easier to guarantee that the info is correct Through the Business registry transparency increase the accountability of companies and public officials WHAT KIND OF BUSINESS INFORMATION IS AVAILABLE TO THE PUBLIC Most organization share their data with the public that the companies is registered them These information is company names their legal address the when he incorporate the information about their activity and the name of their directors and owners In sapphire you easily find sapphire data through internet that mean that is available in online their mission and vision like etc that I give detail in above The register rogation that provide their data or information that is good companies They provide information about their organization structure and the information of annual return and beneficial owner These information is easily available in internet 

Outside giving readily available and reliable information about existing companies it is important that entrepreneurs can openly access information about the requirements to establish a business such as a list of required documents fee schedules and services standards When public access to information on company incorporation requirements is limited it can represent A substantial obstacle to entrepreneurs who want to start a business However when transparency is a priority for business registries and all requirements are made public more firms are able to enter the formal sector If Main Finding Transparent information provided to the public by business registries can reduce transactions costs and facilitate Investment decisions The most common types of information shared by business registries include the company's name its legal address and the names of its directors Information on beneficial ownership corporate structure and annual financial returns is less commonly Collected and made available to the public Technological advances have greatly enhanced access to information There is a strong association between a transparent business registry and higher efficiency as well as a lower incidence of bribery Reference Htt www doingbusiness org reports Cyriane coste Fredric Nadia Novik Morgan Reeves is Write this case study 14 people is providing Information about this case