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The Salvadoran Government through its Ministry of Economy has been making efforts to establish an appropriate business climate that allows our productive sector to increase its competitiveness, in order to help their develop successfully in a changing and globalizing world; assuming the national and foreign investors a fair and equitable treatment for their inversions, by means of transparent legal regulations and institutional mechanisms.
The Ministry of Economy, through its Commerce and Inversion Department, has developed reforms to the legal and institutional framework to establish and operate national and foreign investments in our country, in order to encourage the inversion in all aspects of Economy – this ends on a new job generation and a better life style to Salvadoran people – and also a lower cost for transactions, regarding business agreements in El Salvador, to make an improve inversion climate.
The investment’s formalization process has been simplified by the reduction of the procedures with a new legal framework: Investments´ Law, Commerce Code reform and Commerce Registry Law, Mercantile Bond Law and Accounting Regulator Law, all this laws are valid since April 1 st, 2000.
With the Investment Law, the establishment and operation for national and foreign investments has been uniformed, including investment concepts, guaranty and protection concepts, recognized at the international level as best practices in investment matters.
It also created the National Investment Office (ONI)as a one-stop-window, to facilitates the basic formalization procedures that have to be done by the national and foreign investors to be able to operate in our country.
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