UNCITRAL International Colloquium on Microfinance 16-18 January 2013, Vienna



Similar documents
BUSINESS-TO-BUSINESS ALTERNATIVE DISPUTE RESOLUTION IN THE EU

ARE ENTREPRENEURS BORN OR MADE? AMWAY GLOBAL ENTREPRENEURSHIP REPORT ITALY AND UNITED STATES IN COMPARISON

UNCITRAL texts on Secured Transactions

1. Perception of the Bancruptcy System Perception of In-court Reorganisation... 4

Consultation on the future of European Insolvency Law

ERASMUS FOR YOUNG ENTREPRENEURS : A NEW EXCHANGE PROGRAMME

The Factoring Industry Worldwide & The Role of International Factoring

WELCOME! Introduction. Celebrating. &PrimeRevenue. PrimeRevenue Hong Kong PrimeRevenue, Inc.

UNCITRAL legislative standards on electronic communications and electronic signatures: an introduction

SMEs access to finance survey 2014

ERASMUS+ MASTER LOANS

Report on Government Information Requests

EUF STATISTICS. 31 December 2013

The European Entrepreneur Exchange Programme

Student Finance and Accessibility in an International Comparative Perspective

Insolvency Law Reform & some preliminary thoughts on Nigeria. Neil Cooper Consultant to World Bank Partner, Kroll Past President, INSOL International

Overview of the OECD work on transfer pricing

Association of the Councils of State and Supreme Administrative Jurisdictions of the EU

Dialogue between the Government and stakeholders a crucial factor for improving Business Environment

Report on Government Information Requests

COMMUNICATION FROM THE COMMISSION

European SME Export Report - FRANCE Export / import trends and behaviours of SMEs in France

41 T Korea, Rep T Netherlands T Japan E Bulgaria T Argentina T Czech Republic T Greece 50.

INTERNATIONAL TRACKED POSTAGE SERVICE

Global Economic Briefing: Global Inflation

ERASMUS+ MASTER LOANS

Expert Meeting on CYBERLAWS AND REGULATIONS FOR ENHANCING E-COMMERCE: INCLUDING CASE STUDIES AND LESSONS LEARNED March 2015

Report on Government Information Requests

Deutsche Bank Global Transaction Banking. Securities Services. Overview


EU Data Protection Directive and U.S. Safe Harbor Framework: An Employer Update. By Stephen H. LaCount, Esq.

Fostering Entrepreneurship among young people through education: a EU perspective. Simone Baldassarri Unit Entrepreneurship

QUESTIONNAIRE ON CONTRACT RULES FOR ONLINE PURCHASES OF DIGITAL CONTENT AND TANGIBLE GOODS

Entrepreneurs Among the Happiest People in the World

Get the benefits of Norgren s unique range of Online services

GLOBAL ENTREPRENEURSHIP REPORT 2 014

COMMISSION STAFF WORKING DOCUMENT

How To Understand Factoring

International Factors Group Model Law of Factoring

INFORMATION ECONOMY REPORT 2015: Unlocking The E-commerce Potential For Developing Countries

DEMOGRAPHICS AND MACROECONOMICS

How many students study abroad and where do they go?

The European Organisation For Insolvency Professionals

Enforcement of judgments in civil matters in Switzerland

COMPANIES ENGAGED IN ONLINE ACTIVITIES

European judicial training Justice

Metopro Associates Limited

Global Social Security Newsletter June 2014

TOWARDS PUBLIC PROCUREMENT KEY PERFORMANCE INDICATORS. Paulo Magina Public Sector Integrity Division

Monitoring the social impact of the crisis: public perceptions in the European Union (wave 6) REPORT

HONG KONG RIGHT PLACE RIGHT TIME RIGHT NOW

PUBLIC CONSULTATION 1. INTRODUCTION

Small and Medium Entrepreneurship in Russia

EUROPEAN CITIZENS DIGITAL HEALTH LITERACY

The Asian Bankers Association (ABA) And Formal Workout Regime

INNOVATION IN THE PUBLIC SECTOR: ITS PERCEPTION IN AND IMPACT ON BUSINESS

E-Seminar. E-Commerce Internet Business Solution Seminar

Factoring financing alternative for SMEs

THE G8 24/7 NETWORK OF CONTACT POINTS Protocol Statement

Recommendation 17 PAYTERMS ABBREVIATIONS FOR TERMS OF PAYMENT I. BACKGROUND RECOMMENDATION

APPENDIX A: COUNTRY REPORTS

Rosy Blue International SA

Offshore outsourcing of business services Threat or Opportunity

Report on Government Information Requests

A typology of the development of OECD countries: towards more entrepreneurial economics?

Replacement Migration

Sybase Solutions for Healthcare Adapting to an Evolving Business and Regulatory Environment

PUBLIC CONSULTATION 1. INTRODUCTION

Size and Development of the Shadow Economy of 31 European and 5 other OECD Countries from 2003 to 2015: Different Developments

Energy Briefing: Global Crude Oil Demand & Supply

The World of (International)Factoring

OPPORTUNITIES FOR E-COMMERCE IN DEVELOPING COUNTRIES Lessons from the Information Economy Report 2015

AN INTERNATIONAL COMPARISON OF INSOLVENCY LAWS. Meeting held on April 2006

THE BASICS OF CHAPTER 11 BANKRUPTCY

PORTABILITY OF SOCIAL SECURITY AND HEALTH CARE BENEFITS IN ITALY

HOW COMPANIES INFLUENCE OUR SOCIETY: CITIZENS VIEW

The Determinants of Global Factoring By Leora Klapper

360 o View of. Global Immigration

RETAILERS ATTITUDES TOWARDS CROSS- BORDER TRADE AND CONSUMER PROTECTION

INVITATION EXCLUSIVE INTRODUCTION

ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT

Factoring: A n Effective Financing Option to SMEs in China

ADVOC. the international network of independent law firms

Consumer Credit Worldwide at year end 2012

Summary of facts on the legal guaranty of conformity and commercial warranties

Capital Market Linkages: How to facilitate cross border trading?

Global Investing 2013 Morningstar. All Rights Reserved. 3/1/2013

Transcription:

UNCITRAL International Colloquium on Microfinance 16-18 January 2013, Vienna The views and opinions expressed are those of the author and do not Legal necessarily environment represent for microbusiness the views of, and Alex should Ivančo not be attributed to any agency UNCITRAL of the Colloquium Czech government. on Microfinance

Entrepreneurship - microfinance, 2011, 2013 Microfinance could play an important role as a tool for the alleviation of poverty. Creating an enabling legal environment for micro, small and medium enterprises that can facilitate their development. Entrepreneurship is a powerful driver of economic growth and job creation. New companies, especially SMEs, represent the most important source of new employment: they create more than 4 million new jobs every year in Europe. Entrepreneurship 2020 Action Plan - Reigniting the entrepreneurial spirit in Europe, 9.1.2013 http://ec.europa.eu/enterprise/policies/sme/public-consultation/files/report-pub-cons-entr2020-ap_en.pdf

Impressions of the feasibility of self-employment Only 19% of people in the Czech Republic consider selfemployment to be feasible within the next five years, as opposed to 30% across the EU as a whole. Self-employment would not be feasible for 80% of respondents in Croatia, 79% in Japan and 67% in South Korea. In Brazil (60%) and China (51%) a majority argue that selfemployment would be feasible 2012 Flash Eurobarometer on Entrepreneurship, http://ec.europa.eu/enterprise/policies/sme/facts-figuresanalysis/eurobarometer/index_en.htm

Difficulties perceived when starting a business A large majority of EU respondents think that it is difficult to start one s own business due to a lack of available financial support (79%); and that it is difficult to start one s own business due to the complexities of the administrative process (72%). Two-thirds (67%) of EU respondents who are self-employed say that they started their business from scratch. The risk of failure deters almost half of all EU respondents from starting their own business. 51% of EU respondents think that it is difficult to obtain sufficient information on how to start a business. 2012 Flash Eurobarometer on Entrepreneurship http://ec.europa.eu/enterprise/policies/sme/facts-figures-analysis/eurobarometer/index_en.htm

Enabling legal environment for microbusiness Lack of available financial support Start the business Complexities of the administrative process Risk of failure Access to credit, secured lending, valuation of collateral, registration of a security interest Simplified incorporation and registration Mobile payments and peer-topeer networks Innovative and more efficient dispute resolution systems Simplified alternatives to insolvency procedures for entrepreneurs - fresh start

Access to justice and the rule of law WG III Online Dispute Resolution In July 2010 the Commission agreed that a Working Group should be established to undertake work in the field of online dispute resolution. Small value High volume Cross-border Electronic Commerce transactions: business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer (C2C)

Czech Republic in UNCITRAL WG III Effective and efficient ODR system has to be simple Sharing experience based on ADR.EU (ICANN Rules for Uniform Domain Name Dispute Resolution) ODR Exchange - international consultation and pilot related to the preparation of digital infrastructure enabling the provision of cross-border ODR services http://www.odrexchange.com 11th International Online Dispute Resolution Forum in Prague 27-29 June 2012, http://odr2012.org

ODR Exchange ODR backbone functionality - complementary system enabling the various resolution end-points (e.g. government agencies, buyers and sellers, online dispute resolution service providers, entities involved in enforcing judgments, online trust marks, consumer centers etc.) to exchange information in real time in multiple languages. Czech Republic and ODR Exchange initiated the consultation and pilot project in January 2012. At the moment there are participants from the following countries: Belgium, Canada, Croatia, Czech Republic, Germany, Hong-Kong, Hungary, Ireland, Korea, Latin America, Sweden, The Netherlands, UK and USA.

New Business Corporations Act Business Corporations Act, Act No. 90/2012 Coll., Adopted in 2012 and effective as of 1 January 2014. Part of the recodification of Czech private law Easier incorporation of limited liability companies Regulation of executive powers and liabilities

On-line Insolvency and Commercial Register in the Czech Republic Insolvency Register Facilitated by the electronic Insolvency Register Enables creditors, debtors, insolvency courts and trustees to access all important information on-line Commercial Register On-line system contains information on trade names, registered offices, business activities, statutory bodies, associates, membership contributions and authorized stock

Experience of starting up a business Since 2009 far more people in the Czech Republic say that they have started a business or are planning to start one (+14 points). 2012 Flash Eurobarometer on Entrepreneurship, http://ec.europa.eu/enterprise/policies/sme/facts-figuresanalysis/eurobarometer/index_en.htm

Thank you!