Economic analysis of Cooperation between “access to the information” and “protection of confidentiality” in declarative Function of Companies registration system

“Declarative Function is one of the expected legal functions of all "Companies registration systems”. But the interpretations of this Declarative regime in due to the lack of clarity of concept of “Confidentiality” in company’s information has been unable to answer the question of how companies registration interact between "access to information" and "protection of confidentiality". While, the answer to this question based on identifying a balanced approach of companies Registration in addition to reducing "transaction costs”, will reduce "Company’s information control costs”. In this paper, based on a descriptive-analytical approach and We have come to the conclusion that: First, the scope of confidentiality in the field of companies is restricted to one of the two branches of privacy and trade secrets, depending on the type of company. Second, the corporate registration system may encounter three models for access to information, the “Freedom of Information Model", the "Contract Freedom Model", and the " right of Access to registered information", the last is the equilibrium solution adopted by the corporate registration system that based on intelligent performance provides information according to stakeholder needs assessment and thus protects a large amount of company’s information as confidentiality.