June 02, 2018

Ease of Doing Business Law cuts down on Red Tape

  • HOME
  • Blog
  • Ease of Doing Business Law cuts down on Red Tape
  • Getting your documents approved will now be faster thanks to the Ease of Doing Business and Efficient Government Service Delivery Law. Signed by the President of the Philippines Rodrigo Duterte on May 28, the law made is to shorten the number of days in processing permits and licenses for all business-related transactions.

    President Rodrigo Duterte signs into law the Ease of Doing Business Act of 2018./IMAGE dti.gov.ph

    The “Ease of Doing Business Act” amends Republic Act 9485, otherwise known as the Anti-Red Tape Act of 2007. The Act gives government agencies deadlines to approve applications and includes stricter rules like the two-strike policy for government officials who will fail to issue permits in the given period.

    It stems from the idea that simple transactions at the local level should be processed within three days under the law. More complex transactions, such as building permits should only take seven days. While highly technical transactions on a national level are given twenty days.

    “This is not only for businesses,” Senate Majority Leader Miguel Zubiri, who authored and sponsored the act said. “This is also for driver’s license, this is also for the passport.”

    The law is scheduled to take effect on August as Duterte gave DTI officials a maximum of 30 days to write the implementing rules and regulations. An Anti-Red Tapa Authority (ARTA) will also be created and will serve under the Office of the President.


    Source: CNN Philippines

               
               
    Recent Comments
    What do you think about this article?
    ★★ ★★★ ★★★★ ★★★★★

    *

    You might also like...
    Recommended Dishes For Every Travel Destination in the PH
    January 19, 2019
    Medical Professionals in Manila: Dr. Benjamin Alimurung, MD, FACC, FAHA
    January 19, 2019
    Duterte Approves HIV, AIDS Policy Act 2018
    January 19, 2019
    LIST: Theater Productions to Watch This 2019!
    January 18, 2019
    PROMO: Tokyo Milk Cheese Factory Celebrates National Cheese Lover’s Day on January 20!
    January 18, 2019