Lawmaker hits DTI over registration fee hike
-A A +AWednesday, January 5, 2011
MANILA -- Bayan Muna Representative Teddy Casiño is questioning the administrative order issued by the Department of Trade and Industry (DTI) raising business registration fees.
Casiño, also chairman of the House Committee on Small Business and Entrepreneurship Development, said DTI Administrative Order (DAO) 10-10 is another stumbling block for the country's micro-, small and medium enterprises (MSMEs).
DAO10-10 issued on December 15, 2010 increased the registration fee scheme for every application for registration of business name (original and renewal), based on the territorial jurisdiction covered in the application.
From a flat rate of P300 per business name, the DTI now imposes a P200 rate for barangay, P500 for city or municipality, P1,000 for regional, and P2,000 for national.
“I do not understand the DTI’s hike in fees. If this is DTI’s way of making life easier for the country’s MSMEs, it is not logical since the small business community has been seeking government help in hastening the registration process and facilitating access to credit lines. This appears to be simply another revenue generation measure of the department at the expense of the MSMEs,” Casiño said. (Kathrina Alvarez/Sunnex)
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