The Davao City Business Bureau chief has predicted that 95 percent of the 29,315 existing businesses in the city will renew their permits as processing of renewals started Wednesday.
Lawyer Tristan Dwight Domingo said he was confident they will beat the renewal which will end on January 21. He also expressed hope to meet their plan to establish one-stop-shop business permit renewal processing center at the NCCC Mall in Matina.
Speaking at a press conference at NCCC Mall, Domingo said historically, 90 percent of existing businesses renew their business permits annually. However, with the one-stop-shop, he is optimistic the 95 percent target is achievable.
Domingo said in 2012, permits issued to both new and existing businesses totaled to 35,726 with a capital investment valued at P196,308,528,169.87. This was higher compared to the 34,566 total number of businesses (old and new) that were issued business permits in 2011 with P187,982, 605, 516.94 capital investment.
The bureau served about 5,000 business permit renewals and applicants last year and he was expecting the number to double this year by 10,000.
Businesses with some problems in their documents were advised to process file their business permit renewals at the bureau’s main office at the Sangguniang Panglungsod building, Domingo said.
In this year’s business permit renewals and applications, the business bureau will ask establishments the certified number of employees to ensure the amount of charge they will have to pay, Domingo said. [PNA]
Like in previous years, the deadline for the business permit renewals this year will not be extended. Businessmen who will apply for renewals beyond January 21 can still proceed but with will have to pay the corresponding surcharges.[PNA]
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