"Don’t make prohibitive law" Mark Twain

The Parliament has adopted a draft law "On State registration and liquidation (termination of activity) of business entities." 

Innovations:

1. The name of the companies is agreed upon when submitting the documents.
2. Email is included in the register of legal entities and can be used for notifications.
3. The maximum liquidation period is increased from 9 to 12 months.
4. The participant's withdrawal statement should be notarized.
5. Company registration certificates are replaced with extracts from the register.