The need to establish a single framework for the organization, information and use of the public administration registries has always been a standing requirement regarding transactions with public authorities and broader public sector.
Moreover, many countries worldwide have implemented similar registries as the HOUSE OF COMPANIES (United Kingdom), PUBLIC REGISTER (U.S.A., Singapore) and others. For these countries, the electronic commercial registry of enterprises is a factor of transparency, collateral of transactions (security and reliability) and acceleration of processes and decision making at a business and state level.
Therefore, the enactment of the General Electronic Commercial Registry (Geniko Emboriko Mitroo-G.Ε.ΜH.), in Greece, in conjunction with the upgrading of the role of Chambers through their transformation into “one-stop shops”, are key changes in the axis of simplifying the overall processes of the business environment, which aims at meeting both the needs and demands of any kind involved and the effective use and exploitation of collected information. The operation of a modern and updated central database of business registry will facilitate immeasurably in reducing bureaucratic procedures to create or change a business and also the publication and submission of “corporate information” certificates for almost all transactions of a company. Moreover, a general and single registry of companies creates broader information requirements and operating information for the entire public sector. Thanks to this, it becomes possible to effectively monitor the statistical data of enterprises, the precise exercise of political, legislative or and supervisory power to businesses but also in relation to them.
The project of GEMH aims at radically reforming the functioning of individual (fragmented) registries all legal form of business that is the transition from the current manuscript -primarily- mode of information processing and the current task management to a single automated processing environment and high efficiency of a General Electronic Commercial Registry (Geniko Emboriko Mitroo-G.Ε.ΜH.).
GEMH will be -among other- a body of publicity, statistical analysis at a national level and means of protection for third party both for the General Secretariat of Commerce and the part of the GEMH that concerns it and for the wider public sector, when the entire project will be completed.