8th March 2013

The EC to ease top 10 most burdensome laws for enterprises

Growing unemployment and economic downturn has forced the European Commission to rethink the strategy of support to the European businesses. According to the EC, SMEs provide employment to more than 2/3 of Europeans and are the most important part of the European economy.

According to the report published by the EC, SMEs consider the following 10 laws most burdensome considering difficulties as well as actual costs:

  • REACH (Registration, Evaluation, Authorisation and Restriction of Chemicals)
  • VAT - Value added tax legislation
  • General Product Safety and market surveillance package
  • Recognition of professional qualifications
  • Shipments of waste - Waste framework legislation - List of waste and hazardous waste
  • Labour market-related legislation
  • Data protection
  • Working time
  • Recording equipment in road transport (for driving and rest periods)
  • Procedures for the award of public contracts (public works, supply and service contracts)
  • Modernised customs code

As a consequence of these findings, the European Commission will announce follow up steps to improve the situation until June 2013.

For more information, click here.

Members of the American Chamber of Commerce in the Czech Republic