Transitional Law For The Regulation Of Vehicle Registration Of Companies And Registration Of Premises.

Original Language Title: LEY TRANSITORIA PARA LA REGULACIÓN DE MATRÍCULAS DE EMPRESAS Y REGISTRO DE LOCALES.

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Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/ley-transitoria-para-la-regulacion-de-matriculas-de-empresas-y-registros-locales/archivo_documento_legislativo

1. Decree No. 680 the Legislative Assembly of the Republic of EL SALVADOR, considering: I.-who dated December 14, 2012, approved Legislative Decree N ° 239, which contains the transitional law for the regulation of registration of companies and local records, in order to help companies obtaining or renewal of the registration of companies , for a period of one year, as set out in the fourth whereas of the same and that he beat in the month of December 2013.
II.-that the Commercial Code establishes, that individual dealer should register your business request to be presented to the register of Commerce, and the articles of incorporation of any commercial enterprise social wholesaler shall be entered in the register referred to be registered the same.
III.-that nowadays there are many enterprises, mainly small and medium, which by economic circumstances that is passing through the country, have not been able to comply with have current license plates to that mentioned in the previous recital, the will of their owners or representatives of regularizing their situation to exist, updating its corresponding legal commitments and avoid this find aside from provisions in the respective legal frameworks.
IV.-that despite the good intention of the legislator to give a new force, which was one year, to the transitional law for the regulation of registration of companies and registration of premises, pursuant to whereas IV of the referred decree N ° 239, this term has not been sufficient, since many individual traders, to date not have been able to see benefiting from the causes mentioned in the previous recital becoming necessary to give newly effective law is allusion in considering I, for a period that expires on December 31 of this year, whereupon would achieve the desired objective.
Therefore, use of his constitutional powers and at the initiative of the Deputy Francisco José Zablah Safie.
DECREES THE FOLLOWING: TRANSITIONAL LAW FOR THE REGULATION OF REGISTRATION OF COMPANIES AND REGISTRATION OF PREMISES.
Article 1.-social and individual retailers will have the benefit to get first company registration or renew registration company that is not effective, as well as the register 2 of their premises, agencies and branches to the trade registry, for a term that expires on December 31 this year, presenting the request pertaining to the year 2014 accompanied only the payment of rights registration and balance sheet year-end 2013, duly audited by a legally authorized accountant, when required by law. In consequence, any right to registration or caused fines corresponding to periods prior to the year 2014, including those caused by untimely presentation, remain without effect during the term of the present Decree.
Article 2.-this Decree shall enter into force as from the day of its publication in the official journal.
GIVEN in the blue room of the Legislative Palace: San Salvador, eight days after the month of may of the year two thousand fourteen.
OTHON SIGFRIDO REYES MORALES, PRESIDENT.
ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, SENIOR VICE PRESIDENT. SECOND VICE PRESIDENT.
DURAN JOSE FRANCISCO MERINO LÓPEZ, FRANCISCO ROBERTO LORENZANA, THIRD VICE PRESIDENT. FOURTH VICE PRESIDENT.
CARLOS ARMANDO REYES RAMOS, FIFTH VICE PRESIDENT.
LORRAINE GUADALUPE PENA MENDOZA, MANUEL VICENTE MENJIVAR ESQUIVEL, FIRST SECRETARY. SECOND SECRETARY.
SANDRA MARLENE SALGADO GARCÍA, JOSÉ RAFAEL MACHUCA ZELAYA, THIRD SECRETARY. FOURTH SECRETARY.
IRMA PALACIOS LOURDES VASQUEZ, ERNESTO ANTONIO ANGLE MILE, FIFTH SECRETARY. SIXTH SECRETARY.
FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN RODRIGUEZ ORANTES, SEVENTH SECRETARY. EIGHTH SECRETARY.
Presidential House: San Salvador, to the twenty-second day of may of the year two thousand fourteen.
PUBLISHED, Carlos Mauricio Funes Cartagena, President of the Republic.

3 German José Armando Flores, Minister of economy.
D. o. No. 96 volume no. 403 date: May 28, 2014 JQ/geg 03-07-2014 legislative index