City Hall reports hike in biz permits renewal PDF Print E-mail
Friday, 03 February 2012 14:01

Mayor Celso Lobregat yesterday reported an increase in the number of business permit renewals stressing this will consequently result to a hike in business tax collections.

Moreover, the chief executive said the increase is an indication of the people’s confidence to invest in Zamboanga.

Citing records from the City Licensing Division, Mayor Lobregat said as of February 2, the number of applications for renewal of business permits has reached 10,394 as compared to the 9,702 applications recorded during the same period last year.

Of the total 10,394 applications, 8963 were already assessed, showing an increase as compared to last year’s record of 8,513.

In terms of tax collections, the City Treasurer’s Office has collected a total of P101.384 million as of February 2, a marked increase to the collections during the same period last year which reached only P85.406 million.

Mayor Lobregat said the business permits renewal covers all forms of business ranging from sari-sari stores to gas stations, banks, hotels and other investments.

“Zamboanga City is a service-oriented economy so you have different types of businesses operating in the city,” the mayor added noting that a big number of the businesses come from the fishing industry.  

The Permits and Licensing Division under the Office of the City Mayor has started accepting applications for business permits renewal for 2012 since October 3 last year. The deadline for the renewal as well as payment of business permits has lapsed January 20, 2012.

For those who failed to beat the deadline, a surcharge of 25 percent and 2 percent additional penalty for every month of delay await them. — Sheila Covarrubias