- Commerce
Commerce
Commerce is exercised by both private and publicly owned companies, as well as non-profit organisations. State corporations are government-owned companies which have for-profit operations. Private companies can be divided in many types with varying levels of responsibility. Associations are organisations which cannot register a profit but that are exempt from imposing VAT on what they sell to sustain their functioning.
Most entities must be registered in the Registry of Legal Entities, a registry managed by the Department of Development under the Ministry of Economy.
Original product certification program
Saluta Sancratosia is responsible for the creation and management of the “Validi de produi orijinal de Sancratosia” program (Certification of original product from Sancratosia), a country of origin labelling program similar to the “Made in …” labels. The program has guidelines for companies to acquire the certification for their products.
Labels are produced by Saluta Sancratosia and sent to companies who acquire the certification. Certification is given to a company and inspections can be done randomly to ensure compliance with the program.
Resources
- Register a company in Sancratosia (Coming soon)