OREANDA-NEWS. March 22, 2016. An authorization from local public authorities will no longer be needed for those who want toget a new start to in the trade field. Notifying them of their intentions to get a affair will be enough.

To this effect, the cabinet today approved a draft law amending and simplifying the legal framework providing for the issuance of trade authorizations.

The issuance of a trade authorization currently lasts for more than two months, while the file of those must submit to their mayoralty encompasses seven permissive documents issued by various authorities.

With the new notification system, economic agents will only have to interact with their mayoralty, which in its turn will send the data on the newentrepreneurs through the single stop shop. The optimization of the process will also minimize the number of permissive documents from seven to one.

The amendments were carried out in compliance with the provisions of the interior trade development strategy, in cooperation with international experts. Amendments are meant to boost up the entrepreneurial activity, facilitatebusiness startup through easier authorizing procedures and curb corruption.

The document is to be examined by the Moldovan parliament.