Secretary of State Jim Condos has announced the completion of Beta testing and the official public release of the Corporations Division’s new Online Business Service Center, www.vtsosonline.com.
“Most of our business community’s registration and filing functions can now be completed online and in real-time; making it easier to start and maintain your business in Vermont than ever before. New business formations have gone from as much as 3 weeks to less than 30 minutes to obtain, and over 99 percent of our businesses now file their annual reports online.” Condos stated.
“An important part of making Vermont competitive is making the process of creating and maintaining your business with the State easier. Our work is only the beginning of a long term vision uniting all parts of government that touch your business, into a single easy to use online portal. ” Ali Sarafzade, Project Manager and Director, Corporations Division.
“Vermont is now a national leader in the area of paperless online filings. In fact, the Corporations Division was awarded the 2014 International Association of Commercial Administrators (IACA) Merit Award for their efforts. That said, we continue to innovate, and have laid the groundwork for a new state-wide one-stop business portal to be announced soon.” stated Condos.
The Corporations Division Online Business Service Center now services over 200,000 business listings, and 100,000 unique payment transactions every year. The system includes individual inboxes for every Vermont business, email notifications, certificate verification, and extensive search functionality. Since January 1, 2015 the system has processed almost 20,000 transactions.
“Considering the recent challenges of implementing online registration systems of any kind within government, I am very proud of the excellent work of our team and partners,” stated Condos.
The Online Business Service Center was developed in partnership between the Secretary of State and PCC Technology Group of Connecticut. PCC Technology Group is a leading national provider of government IT solutions.