Transparency of business activities supports healthy competition and curbs the shadow economy
A proposal has been put forward to implement a new view in the Business Information System (BIS) user interface, providing a "Yes/No" type of indication of how well companies have fulfilled their key public obligations.
BIS would display information on the following:
- Tax debt register
- Customs debt
- Earnings-related pension insurance
- Accident insurance
- Unemployment insurance
Transparency on companies’ public obligations curbs the shadow economy
Clear and publicly accessible data on companies’ key obligations and their fulfilment of, or failure to fulfil, these obligations will naturally encourage consumers and businesses to use the services of companies that fulfil their obligations and avoid companies that do not.
Transparency of the fulfilment of obligations will steer companies towards fulfilling their obligations and effectively combat the grey economy.
The reform will facilitate the implementation of checks required by the Act on the Contractor's Obligations and Liability when Work is Contracted Out
The data available from the Business Information System would also partly fulfil the contractor’s obligation to perform checks under the Act on the Contractor’s Obligations and Liability when Work is Contracted Out. Information that is easily available online in one place, free of charge, would bring savings to companies, as reports would no longer need to be obtained from various bodies.