The local government unit (LGU) got almost nine times more registered micro-businesses in January upon rolling out an ordinance granting special business permit rates.
BIÑAN CITY – The local government unit got almost nine times more registered micro-businesses in January upon rolling out an ordinance granting special business permit rates.
“Winaive na natin, bilang incentive, ‘yung regulatory fees, kasi maliliit na negosyante lamang sila. Before, noong wala tayong ordinansa, ang pinaka-mababang assessment nila ay P5,000, P6,000. So malaking tulong ito sa mga negosyante ,” Councillor Christopher Alba, who authored the ordinance, told the Manila Bulletin in an interview on Thursday, Feb. 2.
He said the incentive program is more than just a means to collect more taxes. Rather, it is a way to shift entrepreneurs’ frame of mind about legitimizing their business.
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