THE first phase of the government’s online one-stop shop for business registration will be launched on Thursday, the Anti-Red Tape Authority (ARTA) said.
Through the platform, businesses will be able to register with the Securities and Exchange Commission (SEC) and the Bureau of Internal Revenue (BIR) online, ARTA said in a statement on Wednesday.
In the initial phase, online business registrations will be available for one person corporations, corporations with two to four incorporators, and regular corporations whose incorporators are juridical entities and/or the capital structure is not covered by the 25%-25% rule, or a pre-incorporation requirement on the percentage of subscription and paid-up capital.
Firms will also be able to pay for BIR fees and register employer numbers for SSS (Social Security System), Philhealth, and Pag-IBIG.
The portal can also process applications for secondary licenses under the Food and Drug Administration’s license to operate for pharmaceuticals.
The platform can link to the online business permits systems of several local governments, including Quezon City and Parañaque City.
“The online business permitting systems of other LGUs are also being targeted for integration in the portal in the future,” ARTA said.
The nationwide launch extends the system from its previous limited access for some law and accounting firms. — Jenina P. Ibañez
