Administrative burden imposed on legal persons and its mitigation options

ADMINISTRATIVE BURDEN SUFFERED BY LEGAL ENTITIES AND ITS‘REDUCTION OPPORTUNITIES As it is analyzed in Chapter I of the Masters‘ thesis, administrative burden is considered as money and time expenses (whether they are potential or factual) suffered by business entities while complying with particular regulatory environment in the form of obligatory information obligations (obligations to submit certain information). Topics of the basis, principles, the development and the system of Lithuania‘s administrative burden reduction are all analyzed in Chapter II of the Masters‘ thesis. The essential ways to reduce administrative burden and the main opportunities of reduction of regulatory burden are also distinguished and analyzed in the above mentioned chapter. With the purpose of iliustrating an argument that the maximum efectiveness in reducing administrative burden can be reached by applying various combinations of ways to reduce such burden, a few examples of complex existing initiatives of administrative burden reduction are given. The main hypothesis that is formulated in the second Chapter is that a complex approach and an upfront planning of regulatory burden reduction actions is of major importance to the success ratio of administrative burden reduction measures (for the reduction opportunities to be exhausted). Chapter III of the Masters‘ thesis is dedicated to identification of the main problems of administrative burden and its‘ reduction, which are the lack of integration and cooperation of institutions of the State in the reduction of regulatory burden, the inefectiveness and the declaratory nature of the consultation procedure, excessive legislation, the insufficient focus on small businesses, the lack of smart regulation culture and the faults in electronization of the provisions of administrative procedures and public services. Along with the given problems, potential solutions are also provided along with other proposals for the improvement of administrative burden reduction effectiveness and quality