New businesses seeking to incorporate in Iowa have access to a faster way to do so, Iowa’s Secretary of State announced this week.
The Secretary of State’s office has rolled out its Fast Track Filing system, which allows new businesses to file their paperwork online instead of needing to submit filings in-person or through the mail.
“In a nutshell, it’s all about giving them access to a filing process on their schedule and that was my goal. I’d rather us operate at the speed of business and not the speed of government,” Secretary of State Paul Pate told The Gazette.
Pate said his office receives about 20,000 new business filings a year. Instead of needing to wait for the office’s staff to see the paperwork, check it for mistakes and manually enter information, the new system is available online 24/7 and will notify filers if they’ve entered invalid information, Pate said.
That in turn, Pate said, should help the eight people who work for the Secretary of State’s Business Services Division aid more people who have questions about their business paperwork.
“We’re talking about, what could take up to a week or more to file can now be done from anywhere in five minutes to the most six or seven hours,” Pate said.
The system is only for new business filings, but Pate said his office eventually wants to expand it to accept all types of business documents.
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