Government launches online one-stop shop for business registration

The government has launched the first phase of the Central Business Portal, a one-stop shop online system for business registration, according the Bureau of Internal Revenue.

The CBP is a single website for obtaining business-related information and carrying out transactions such as registering a corporation, and securing business permits and licenses.

In the initial phase of its implementation, the CBP can be used for transactions for domestic corporations.

The portal provides a unified application form for all agencies involved in the business registration process such as the Securities and Exchange Commission, BIR, Social Security System, PhilHealth and Pag-IBIG Fund.

Thus, citizens who are registering a corporation no longer need to accomplish and file several registration forms in different government agencies.

Among the tax-related features of the CBP are online issuance of the Taxpayer Identification Number of new corporations.


Leave a comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.