Reducing bureaucracy: Federal Cabinet approves basic register

With a central register and standardized national business numbers, the federal government aims to further reduce bureaucracy for companies. Businesses should benefit by eliminating the need to submit data multiple times.

This article is part of the special topic Bureaucratic madness in the craft industry

The Federal government has decided that in future Federal Statistical Office a Register of basic data of companies to be built and operated. unique identification Companies included in the basic register receive a nationwide business numberThe aim is to further exempt companies from reporting obligations relieveby avoiding multiple reports of master data to different registers.

Ready for operation by 2024

At the same time, contribute to the Quality of register data and to improve their management by interconnecting the registers more efficient With this regulation, the Federal Government is implementing a measure from its 22-point package for bureaucracy relief The basic register for company master data is to to 2024 be operational. The government estimates the potential relief to be in the hundreds of millions.

Many registers, little exchange

In Germany, there are about 120 individual registers related to companies, most of which independently of each other act and usually do not exchangeMany companies are listed in several registers, sometimes with overlapping data and different identification numbers. This system is error-prone, time-consuming and highly bureaucratic.

Source: Federal Government