Describes what a company needs to know to take advantage of e-commerce in the local market and covers prominent B2B websites.
The Government of El Salvador continues to use the internet to convey information, promote commerce, reduce bureaucracy, and improve services to the public. For example: some import/export documents can now be processed electronically through a system administered by Customs and the Ministry of Agriculture, trade data and economic indicators can be downloaded from the Central Bank, taxes can be paid via the internet and companies can register their supply and demand of products and services.
The Electronic Signature law was passed in 2015, which facilitates business and commerce through internet-based transactions. Per the legislation, the certified electronic signature is equivalent to an ink signature. In August 2021 law reforms where approved to allow a locked and secure e-signature format. The Ministry of Economy controls and monitors providers of electronic certification, as well as the storage of electronic documents and backup.