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PHILIPPINES: Business Registration Time Cut to Two Days Prior to Adoption of Online System

Registration of new businesses in the Philippines will now just take two days, while renewals of existing trading licences will take just one day. The improved turnaround comes as part of a streamlining of the overall process, including the introduction of a single unified form for applications.

The new system will be in operation across all cities and municipalities by the end of September. It precedes pending moves to introduce online registrations for all such applications and renewals.

Content provided by Picture: HKTDC Research
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