Local business permits now required to be released in just 1 to 2 days
Good news for all people who need to get business permits: local government units are now required to issue business permits and licenses in just one to two days.
BUSINESS PERMITS RELEASE. Entrepreneurs can now get business permits in just 1 to 2 days. (Image grabbed from valenzuela.gov.ph)
According to a report by CNN Philippines, the Department of Trade and Industry (DTI), Department of Interior and Local Government (DILG), and Department of Information and Technology (DICT), have signed an agreement that mandates them to cut down business permit and licensing system in all cities and municipalities. According to Trade secretary Ramon Lopez, “We don’t want to make it difficult for people. Their business is not in lining up.”
Compared to the current system where entrepreneurs should submit requirements to different units such as the government, barangay, and also to get safety certificate, the new system will only require them to approach the city hall. Then, they city hall will be the one to handle all these necessary requirements. According to Lopez, this will only need three steps” to file the documents, pay the fees, and collect the permit or license.”
This new system is expected to cut down processing period from 5 to 1- days, to only 1 to 2 days. “That will be faster and also more standardized,” said Lopez.
Source: CNN Philippines, When In Manila
