In future, it should take one day instead of several weeks to set up a company in Saxony. This is to be made possible by a pilot project of the Federal Ministry for Digital and State Modernization (BDSM), in which Saxony will participate as one of several pilot states, announced the Dresden Ministry of Economic Affairs. The "Schneller Gründen" project is set to start this summer.
The aim is to create a fully digitalized process that will make inquiries largely superfluous and enable more than 80 percent of all start-ups to be established, the ministry added. Accelerated founding is part of the "federal modernization agenda" for less bureaucracy and faster approvals, which the federal and state governments decided on in December. According to Economics Minister Dirk Panter, start-ups create new jobs. "The state must not slow them down," said the SPD politician.
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