The Poor Functioning of GUPEC in the DRC: An Administrative Barrier to Entrepreneurship

IntroductionThe Guichet Unique de Création d’Entreprise (GUPEC) in the Democratic Republic of Congo (DRC) was intended to simplify and accelerate administrative procedures related to business creation.
This article explores the dysfunctions of GUPEC and their consequences on the business climate in the DRC.
Frustrating Administrative DelaysThe initial goal of GUPEC was to reduce the time required to create a business to three days.
A Negative Impact on Entrepreneurship and the EconomyThe poor functioning of GUPEC has direct consequences on entrepreneurship in the DRC:An unfavorable business climate: The complexity of administrative procedures discourages many potential entrepreneurs.
A deterrent to foreign investment: International investors, already wary of the business climate in the DRC, are further discouraged by these administrative burdens.

Author(s): expobeton-newsletter.net
Source: Access the article

Leave a Reply

Your email address will not be published. Required fields are marked *

Accepter les Notifications pour ne pas rater les news de la RDC OK No