The Mandaue Chamber of Commerce and Industry (MCCI) has urged local companies to speed up…
PH Business Hub now offers one-step, seven-day business registration.
MANILA — Starting a business in the Philippines may now be done in one step in seven days, instead of 13 stages and 33 days, thanks to the Philippines Business Hub (PBH).
The PBH, a renovation of the Central Business Portal, was introduced by the Anti-Red Tape Authority (ARTA) and other government entities at the same time (CBP).
ARTA officer-in-charge Ernesto Perez said the PBH is the “greatest platform” for all business-related government information and activities, such as obtaining a company permit, licenses, and clearances, during the PBH launch Monday at Quezon City Hall.
Perez urged anyone who wants to start a business, whether it’s a corporation, a single proprietorship, or a cooperative, to use the PBH, which is a centralized platform that connects numerous government departments.
While promoting government streamlining and digitization, this also aids in the elimination of long lines in government institutions for the processing of business-related papers.
“When you start a business, you want to make a good first impression,” Perez explained. “What we can do is make sure that those people are in the correct setting.”
He went on to say that making it easier for businesses to start up helps to create more jobs for Filipinos.
“Successfully launching a business has a beneficial social and economic impact… “Making it easier to start a business has been linked to an increase in the number of new businesses or firms, as well as greater employment and productivity levels,” he said.
The Department of Trade and Industry (DTI) is optimistic that the initiative to streamline and digitize government operations and services would be continued in the next administration, according to Trade Undersecretary Ireneo Vizmonte.
“We’re hopeful that the next administration will prioritize the completion of this process in accordance with the law,” Vizmonte added, referring to incoming DTI Secretary Alfredo Pascual’s declaration that government digitalization will be a priority under his leadership.
The government hopes that by implementing the PBH, the process of launching a firm will be reduced to one step and one day.
Acting Secretary of the Department of Information and Communications Technology (DICT) Emmanuel Rey Caintic stated that the PBH will be implemented countrywide.
Quezon City is the PBH’s pilot city, with Valenzuela City and Paranaque City following suit.
PBH is available 24 hours a day, 7 days a week at business.gov.ph.