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GVA TECH Conducts Survey Targeting Entrepreneurs on Pre- and Post-Incorporation Procedures: Approximately Half Answered that Opening a Corporate Account and New Application for Social Insurance are Burdensome

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GVA TECH Co., Ltd. surveyed 135 users of 'GVA Corporate Registration.' Results show that nearly half of entrepreneurs find the procedures for new social insurance applications (48.9%) and opening corporate bank accounts (43.7%) to be major burdens after establishing a company.

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Frequently Asked Questions

Q: What was the main purpose of the survey conducted by GVA TECH Co., Ltd.?
A: The survey was conducted to investigate document-related procedures occurring after company establishment and the burdens and challenges felt during that process.
Q: How many companies were surveyed by GVA TECH regarding the post-incorporation procedures?
A: A total of 135 user companies of GVA Corporate Registration were targeted in this survey.
Q: Which post-incorporation procedure did respondents find to be the most burdensome?
A: The new application for social insurance, including health insurance and pension, was felt to be the most burdensome by forty-eight point nine percent of the respondents.
Q: What is the second most burdensome procedure after company establishment according to the survey?
A: Opening a corporate bank account was felt to be the second most burdensome procedure, with forty-three point seven percent of respondents answering so.
Q: When did GVA TECH launch the GVA Corporate Registration service for stock companies?
A: GVA TECH launched the GVA Corporate Registration service targeting stock companies in January 2019.