4,000 business registrations pending due to stringent rules PDF Print E-mail
Wednesday, 04 December 2013 11:10

Over 4,000 business registrations are still pending for approval and large number of micro, small and medium enterprises are forced to operate underground, depriving the city of millions in unrealized revenues.

Stringent rules on locational clearance set by the Bureau of Fire Protection and the City Planning and Development Office were identified as the cause of the bottleneck.

Alarmed at the  staggering  number of pending business registrations for approval and mounting complaints from the business sector, Zamboanga Chamber of Commernce and Industry Foundation Inc. (ZCCIFI) President and Regional Competitiveness Council Co-Chair for Region 9 Pocholo Soliven convened a round table meeting specifically to address the BPLS ( Business Permit licensing System).

Soliven is spearheading the Regulatory Simplification Project as the Macro Economic Focal person  to install and  build back better system in the  ease of doing business in Zamboanga City and creating a business friendly environment” so that Zamboanga City can improve its regulatory environment and competitiveness.

To recall, the findings of the Post Conflict Needs Analysis (PCNA) reflecting Mariki and Rio Hondo as having only one legal business registration is alarming, underscoring that most businesses there are operating underground.

The PCNA findings prompted the RCC and ZCCIFI to revisit and review the Business Permit and Llicensing System of  Zamboanga City, Soliven said.

It aims to have a clear and simple processes for new business entry. Where more businesses are operating within the rule of law, and provide the LGU more revenue sources as well as more orderly economic environment in the city.

The RSP project’s rationale is focused on starting a business, whose aim is to harness economic activity , through clear and easily understood rules, and that the regulation is transparent, efficient and implemented in a simple way, where the entrepreneur operates within the rule of law and benefits from the protection that the law provides.

The end goal of the Regulatory Simplification Project seeks to help the LGU promote growth of a productive  and competitive private sector by making the process for starting a business in the city simple, transparent, predictable, which in effect lower transaction cost that translates greater business satisfaction ,Soliven said. — Jean Paul Tolentino