The Department of Trade and Industry (DTI) said it signed an agreement with the Quezon City government to integrate its business name registration system with that of the city’s online permit portal, streamlining the process for business startups in Metro Manila’s largest city.
The DTI said the memorandum of agreement was signed last Monday by Trade Secretary Alfredo E. Pascual and Quezon City Mayor Ma. Josefina “Joy” Belmonte.
The agreement will see the integration of the DTI’s Business Name Registration System (BNRS) in the Quezon City government’s Online Unified Business Permit Application System (OUBPAS).
The DTI said they proposed the integration to further streamline the procedures and requirements of LGUs through the automatic verification of the Business Name (BN) registration System.
“The Quezon City Government is the first Local Government Unit (LGU) which agreed to our proposal to integrate the two systems. With this, we thank Mayor Joy Belmonte for partnering with us in making doing business in Quezon City easier,” Pascual said in a statement.
“We reached out to several cities to propose this system integration initiatives and we are happy that more are scheduled in the pipeline,” he added.
The DTI said further that the agreement also covered data sharing and system integration technical provisions between the two parties.
Pascual also said his department would make sure all sensitive personal information maintained by the government would be secured under well-known industry standards in the information and communications technology sector.
“We at DTI have been working hard to bring in greater investments that will generate higher quality and better-paying jobs for the Filipino people. And for this to happen, we need to work together to create a healthy and favorable business environment for our potential investors,” Pascual said.
In August last year, Quezon City was cited as the country’s top tax collector among cities for generating P22.9 billion in 2021 according to data from the Department of Finance (DOF).
The city’s revenues come real property, business, amusement, transfer, and contractors’ taxes.