CEBU, Philippines - Starting tomorrow, the municipal government of Consolacion in partnership with SM City Consolacion, will put up a “One Stop Shop†to make it convenient for business and industrial establishments to renew their business permits.
Consolacion Mayor Teresa Alegado said the move is part of the municipal government’s program to provide good service to businessmen.
At the start of the New Year, business establishments are tasked to comply with one of the statutory requirements – the renewal of business registration with the local government units (LGUs).
As a general rule, all local taxes, fees and charges shall be paid within January 20 or within the first 20 days of each subsequent quarter as the case may be (Section 167, Local Government Code or LGC).
These include business tax, mayor’s permit fee, sanitary inspection fee, garbage fee, building inspection fee, electrical inspection fee, mechanical inspection fee, plumbing inspection fee, fire inspection fee, personnel fee, business plate registration fee, and other charges imposed by the different LGUs.
Local business tax is imposed on the amount of gross sales or receipts of the business establishment for the preceding year using the rates of taxes provided under Section 143 of the LGC for each type of business. (FREEMAN)