The State Organization for Registration of Deeds and Properties takes significant steps toward streamlining economic processes

In today's fast-paced world, where speed and accuracy in economic affairs are crucial for business growth, the digitization and modernization of government services—especially in registering companies and non-commercial institutions—have become top priorities for the State Organization for Registration of Deeds and Properties. By implementing a series of technological reforms and innovations, this organization has made substantial progress in facilitating economic activities, streamlining traditional processes, and reducing the need for in-person visits. This approach has also enhanced transparency, security, and efficiency in the registration process.

One key initiative is the elimination of physical offices, alongside the full implementation of electronic sealing for general ledgers and journals, set to launch in August 2025. This measure will not only cut costs and save time for economic actors but also reduce the potential for human errors and abuses.

Additionally, the State Organization has simplified the company selection and registration process by introducing a smart name determination system, which helps to avoid issues and delays typically caused by human error. The electronic verification of positions through OTP has also been an effective move to safeguard individuals' identity information during company registration.

The long-term vision of the Registration Organization aligns with this year's slogan of boosting employment and production through infrastructure developments. One significant challenge involved the transfer of companies within free zones and issues related to shares in industrial parks; however, recent actions have resolved these obstacles.

Furthermore, the organization has organized four specialized meetings with 15 economic Centers to address the challenges faced by economic actors and to identify practical solutions for eliminating business barriers. Direct engagement with economic actors across different provinces and meetings with 1,250 economic participants in 23 provinces illustrates a strong commitment to reducing registration and economic obstacles.

Alongside these technological advancements, the Companies Registration Organization has actively targeted shell and paper companies. Over 7,000 companies suspected of illegal activities have been reported to the Financial Information Center, and special meetings have been convened with regulatory bodies, the Central Bank, and Police Offices to address these issues.

Moreover, the comprehensive company registration system is being redesigned to fully electronic and intelligent processes related to company establishment and changes. This project aims to improve registration accuracy and speed while minimizing in-person visits.

These initiatives reflect the steadfast commitment of the National Land and Property Registration Organization to realize e-government and facilitate economic activities. Streamlining processes and reducing administrative red tape will not only enhance the business environment but also boost transparency and economic security. This pathway will pave the way for a more efficient and accountable future for economic participants and investors.