Saturday, 20 June 2009

Philippine entrepreneurs can now register by mobile phone

MOVE REDUCES RED TAPE
Jessica Anne D. Hermosa
BusinessWorld
http://www.bworldonline.com/BW062009/content.php?id=003

Entrepreneurs can now pay for business name registration fees through their mobile phones under a new service offered by the Trade department to complement the online application process.

The move is another in a line of reforms the department has enacted, which include the automatic renewal of expired business registrations and lowered fees, to reduce red tape.

Entrepreneurs were advised to access the Business Name Registration System homepage of the Trade department where steps on how to make e-payments using Globe Telecoms, Inc.’s GCASH facility are detailed.

The service was first launched in late May.

After a successful application, business certificates may be claimed through mail for Metro Manila applicants or in person at the agency’s satellite offices. In January last year, a similar GCASH service was offered to exporters who needed to pay fees on warehouse licenses and accreditation.

Recent improvements in the processing of small to medium enterprises’ transactions, Trade Secretary Peter B. Favila has said, are aimed at cushioning the impact of the economic crisis.

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