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

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المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

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.

The Central Business Portal 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.

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. 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.

 

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين