Starting a Business

This topic measures the number of procedures, time, cost and paid-in minimum capital requirement for
a small- to medium-sized limited liability company to start up and formally operate in each economy’s
largest business city.

What the indicators measure

 Procedures to legally start and formally operate a company (number)

 Time required to complete each procedure (calendar days)
 Cost required to complete each procedure (% of income per capita)
 Paid-in minimum capital (% of income per capita)

2020
Starting a Business 171
(rank)
Score of starting a 71.3
business (0-100)
Indicators Philippines East Asia & Pacific OECD high Best Reglatory
income Performance
Procedures (number) 13 6.5 4.9 1
Time (days) 33 25.6 9.2 0.5
Cost (% of income 23.3 17.4 3.0 0.0
per capita)
Paid-in min. capital 0.0 3.5 7.6 0.0
(% of income per
capita)

Procedures
1. Notarize articles of incorporation and treasurer's affidavit at the notary
2. Apply for company incorporation and pre-registration for Taxpayer Identification Number (TIN),
Social Security System (SSS), Philippine Health Insurance Company (PhilHealth) and Home
Development Mutual Fund (Pag-ibig Fund)
3. Pay the registration fees
4. Obtain a business permit
5. Receive inspection
6. Obtain barangay clearance
7. Buy special books of account at bookstore
8. Apply for Certificate of Registration (COR), TIN and approval to print receipts and invoices
9. Print receipts and invoices at the print shop
10. Final Registration with the Social Security System (SSS)
11. Final registration with the Philippine Health Insurance Company (PhilHealth)
12. Final registration with Home Development Mutual Fund (Pag-ibig)
13. Submit the Printer’s Certificate of Delivery of Receipts and Invoices (PCD) and a sworn
statement to the BIR

P.S. Idk if relevant pa ba na isa-isahon ang procedures. 🙃

Dealing with Construction Permits

This topic tracks the procedures, time and cost to build a warehouse—including obtaining necessary the
licenses and permits, submitting all required notifications, requesting and receiving all necessary
inspections and obtaining utility connections. In addition, the Dealing with Construction Permits
indicator measures the building quality control index, evaluating the quality of building regulations, the
strength of quality control and safety mechanisms, liability and insurance regimes, and professional
certification requirements.

What the indicators measure

 Procedures to legally build a warehouse (number)
 Time required to complete each procedure (calendar days)
 Cost required to complete each procedure (% of income per capita)
 Building quality control index (0-15)

2020
Dealing with 85
construction permits
(rank)
Score of dealing with 87.4
construction permits
(0-100)
Indicators Philippines East Asia & OECD high Best Reglatory
Pacific income Performance
Procedures (number) 22 14.8 12.7 None in 2018/19
Time (days) 120 132.3 152.3 None in 2018/19
Cost (% of warehouse 2.3 3.2 1.5 None in 2018/19
value)
Building quality 13 9.4 11.6 15.0
control index (0-15)

Procedures
1. Obtain a Geotechnical study / Soil test
2. Obtain a Topographical / Geodetic Survey
3. Obtain lot plan with site map from the geodetic engineer
4. Obtain certified true copy of the land title from the Register of Deeds (RD)
5. Obtain barangay clearance
6. Apply for the locational clearance at the City Planning and Development Office (CPDO)
7. Receive inspection for the locational clearance from the CPDO
8. Obtain the locational clearance from the CPDO
9. Apply and obtain fire safety evaluation clearance (FSEC) from the local Fire Marshall at the
Bureau of Fire Protection (BFP)
10. Apply and obtain the building permit and ancillary permits at the Office of the Building Official
(OBO)
11. Apply for the fire safety inspection certificate (FSIC) at the BFP
12. Receive final inspection for the FSIC from the BFP
 13. Obtain the FSIC from the BFP
14. Apply for the certificate of occupancy at the OBO
15. Receive final inspection for the certificate of occupancy from the OBO
16. Obtain the certificate of occupancy from the OBO
17. Apply for water and sewage connection
18. Receive inspection for water and sewage connection
19. Obtain water and sewage connection
20. Apply for the tax declaration of improvement at the City Assessor's Office (CAO)
21. Receive inspection from the appraiser of CAO
22. Obtain the tax declaration of improvement from the CAO

P.S. Idk if relevant pa ba na isa-isahon ang procedures. 🙃