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Friday, April 26, 2024

Makati offers treats for ‘early birds’ in biz permit renewal

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The Makati City government offers free meal for the “early birds” who will apply and renew their business permits.

Aside from distribution of some 15,000 food packs which started on Jan. 3 until the end of the month, the local government also serves coffee and snacks to the early applicants.

“The free meal is a small token of appreciation to business owners who promptly renew their business permits to continue operating in the city. We appreciate their continued trust and loyalty to the city and value their contributions in making Makati the premier financial district,” said Mayor Abigail Binay.

She said companies and businesses in Makati are required to renew their local permits annually.

Meanwhile, members of the City Council have ratified an ordinance extending the deadline for the acceptance of payments for business licenses without penalty until 5 p.m. of Jan. 31, 2023.

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“I encourage Makati business owners to beat the Jan. 31, 2023 deadline in order to avoid the penalties on late payments,” Binay said.

Based on the city revenue code, late payments incur a 25 percent surcharge and a two percent penalty per month of delay until the amount due is fully settled.

Binay said the Business Permits and Licensing Office (BPLO) operate from 8am to 7:30pm from Jan. 4 to 6, 2023. They are open from 8am to 5pm from Jan. 7 to 8, 2023.

Beginning Jan. 9 to 31, 2023, the BPLO will operate from 8am to 9pm on weekdays and 8am to 5pm on weekends.

To renew business permits, applicants must go to the ground floor of Makati City Hall, Building II, and submit the following requirements: Duly notarized application form (in triplicate), Capital Investment Paid-up Capital, Declaration of Gross Sales or receipts for the previous year, Residence Cert. A & B for Sole Proprietorship, C & C1 in case of Corporation or Partnership and Public Liability Insurance (CGL).

New business permit applicants also need to secure the locational clearance for business, barangay clearance, and proof of right of applicant to use location as business address. If location is owned, provide proof of ownership such as OCT/TCT/CCT/DENR Certificate/Deed of Sale or Tax Declaration.

If not owned by the applicant, submit copy of Contract of Lease between the lessor and lessee or Contract of Lease between the lessee and the sub-Lessee with the conformity of the Owner or the Building Administrator. If leased, attach the Mayor’s Permit of the Building owner/ landlord as a Real Estate Lessor.

Applicants should also present Proof of Business Name Registration and Activity/Nature of business, as follows: Sole/single proprietorship – DTI, approved Articles of Incorporation / Articles of Partnership; One Person Corporation – SEC and Cooperative Development Authority (CDA).

Renewal applicants need to submit the Mayor’s Business Permit, Billing Assessment, Official Receipt, Audited Financial Statement and/or Income Tax Return for the Year 2021. For Consolidated FS, attach breakdown of gross sales /receipts & proof of payment from other Cities/Municipalities. For Fiscal Year FS, attach breakdown of gross sales/receipts from January to December.

Both new and renewal applicants may submit other pertinent information, documents, and data that may be required by law or regulation depending on the nature or type of business.

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