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PH aims to improve ease of doing business with launch of central business portal

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Bruce Rodriguez, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2021/news/01/28/central-business-portal.jpg"/><figcaption>Screenshot of Central Business Portal. ABS-CBN News</figcaption></figure></div><p><br/>MANILA - The Anti-Red Tape Authority along with other national and local government agencies on Thursday formally launched an online one-stop shop for registering businesses in the Philippines. </p><p>The Central Business Portal (CBP) is seen to reduce the number of days in opening a business in the country to just half a day from the current 33 while bringing down the number of steps to one from 13.</p><p>With this, ARTA said it hopes to boost the Philippines ranking in the World Bank&#x27;s Ease of Doing Business &#x27;Starting a Business&#x27; sub-indicator.</p><p>Currently, the Philippines ranks 171st out of 190 countries in that indicator with an overall ranking of 95th or in the bottom half of the list.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/video/news/01/04/21/pasig-opens-new-one-stop-shop-for-business-permits">Pasig opens new one stop shop for business permits</a></li></ul><p>CBP can be accessed online at business.gov.ph and offers a single site for all business-related information and transactions such as securing business permits, licenses, and clearances.</p><p>The portal provides a Unified Application Form for all agencies involved in the business registration process, like the Securities and Exchange Commission, Bureau of Internal Revenue, Social Security System, Philippine Health Insurance Corporation, and the Home Development Mutual Fund or Pag-IBIG Fund.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/01/05/21/duterte-signs-law-to-fast-track-permits-licenses">Duterte signs law to fast-track permits, licenses</a></li></ul><p>The CBP is also linked to the online business permitting systems of several local governments, namely, Quezon City, Paranaque City, Ilagan City, Baler, Dipaculao, Limay, Macabebe, Paete, Santa Cruz in Marinduque, Labo, Santa Barbara in Iloilo, Mandaue City, Dumingag, Catarman, and Kabacan.</p><p>ARTA said it is also looking to integrate the online business permitting systems of other local government units into the portal in the future, while incorporating other features.</p><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/1sKMdz1t09E?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div><div> </div>

<p>The Central Business Portal (CBP) is seen to reduce the number of days in opening a business in the country to just half a day from the current 33 while bringing down the number of steps to one from 13.</p>

The Central Business Portal (CBP) is seen to reduce the number of days in opening a business in the country to just half a day from the current 33 while bringing down the number of steps to one from 13.

PH aims to improve ease of doing business with launch of central business portal

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PH aims to improve ease of doing business with launch of central business portal

Bruce Rodriguez,

ABS-CBN News

Published January 28, 2021 06:19 PM PHT

Read More:

ARTA

Anti-Red Tape Authority

Ease of Doing Business

business permit

setting up a business

ANC

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