Joined July 10, 2009

Good news for businesses. Let's try this out.

Business World article tells us: 

SETTING UP a business will hopefully become easier after the Trade department on Friday finally launched a "one-stop" registration program for would-be entrepreneurs.
The first Philippine Business Registry (PBR) station was opened at the department’s Metro Manila office and more will be rolled out starting March 1, officials said.
The PBR system, originally scheduled to start last July but delayed due to technical issues, seeks to reduce red tape by allowing an applicant immediate access to five agencies: the Department of Trade and Industry (DTI), Bureau of Internal Revenue (BIR), Social Security System (SSS), Philippine Health Insurance Corp. (Philhealth) and the Home Development Mutual Fund (Pag-IBIG).
The process, which can be done at PBR stations or online, will take just 30 minutes instead of days, officials said

"SETTING UP a business will hopefully become easier after the Trade department on Friday finally launched a "one-stop" registration program for would-be entrepreneurs.The first Philippine Business Registry (PBR) station was opened at the department’s Metro Manila office and more will be rolled out starting March 1, officials said.

The PBR system, originally scheduled to start last July but delayed due to technical issues, seeks to reduce red tape by allowing an applicant immediate access to five agencies: the Department of Trade and Industry (DTI), Bureau of Internal Revenue (BIR), Social Security System (SSS), Philippine Health Insurance Corp. (Philhealth) and the Home Development Mutual Fund (Pag-IBIG).

The process, which can be done at PBR stations or online, will take just 30 minutes instead of days, officials said..." Read more.

A summary of the legal hurdles an entrepreneur must go through to register a new firm can be found here. The Philippines places 136 out of 183 countries ranked on their ease of doing business in 2011.