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BMBE

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Via Neslyn Espiritu
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42 views28 pages

BMBE

Uploaded by

Via Neslyn Espiritu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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BMBE

REGISTRATION
Barangay Micro Business Enterprise Act of 2002
RA9178: BMBE ACT OF 2002
• AN ACT TO PROMOTE THE ESTABLISHMENT OF
BARANGAY MICRO BUSINESS ENTERPRISES
(BMBEs),
• PROVIDING INCENTIVES AND BENEFITS THEREFOR,
AND FOR OTHER PURPOSES.
RA9178: BMBE ACT OF 2002

• encourages the formation and growth of Barangay micro business


enterprises by granting them incentive and other benefits.
• signed into law by President Gloria Macapagal-Arroyo on 13 November
2002.
BARANGAY MICRO BUSINESS
ENTERPRISE

• any business entity or enterprise engaged in the production,


processing or manufacturing of products or commodities
• including agro-processing, trading and services
BARANGAY MICRO BUSINESS
ENTERPRISE

• *Total Assets shall not be more than Three Million Pesos


(P3,000,000.00)
• Total Assets includes those arising from a loan but exclusive of the
land.
RA9178: BMBE ACT OF 2002

• to hasten the country's economic development by


encouraging the formation and growth of barangay micro
business enterprises
• the active granting of incentives and benefits to generate
much-needed employment and alleviate poverty.
RA9178: BMBE ACT OF 2002

• the Act primarily aims to integrate micro enterprises in the informal sector
into the mainstream economy. Strengthening BMBEs would mean more jobs
and livelihood, and a better quality of life for Filipinos.

**Under DTI-DAO 16-01, DTI is the sole agency which shall issue a Certificate of Authority
(CA) to registered BMBEs at Negosyo Centers or at DTI offices where Negosyo Centers have
not been set up.
CERTIFICATE OF AUTHORITY

"Certificate of Authority" is the certificate issued granting the


authority to the registered BMBE

to operate and be entitled to the benefits and privileges


accorded thereto.
RA9178: BMBE ACT OF 2002

• the Act primarily aims to integrate micro enterprises in the informal sector
into the mainstream economy. Strengthening BMBEs would mean more jobs
and livelihood, and a better quality of life for Filipinos.

**Under DTI-DAO 16-01, DTI is the sole agency which shall issue a Certificate of Authority
(CA) to registered BMBEs at Negosyo Centers or at DTI offices where Negosyo Centers have
not been set up.
RA9178: BMBE ACT OF 2002

• Local government units (LGU's) are encouraged


• to establish a One-Stop-business Registration Center to handle the efficient
registration and processing of permits/licenses of BMBEs
BARANGAY MICRO
BUSINESS ENTERPRISE (BMBE)
≤ Php 3 MILLION

PRODUCTION / BMB
E
MANUFACTURING TRADING

AGRO-PROCESSING SERVICE
BARANGAY MICRO
BUSINESS ENTERPRISE (BMBE)
SERVICE exclusion
ANY duly licensed by the government after having passed a
government licensure examination in connection with the exercise of
one’s profession

and the like . . .


“We encourage micro enterprises to register their
businesses and avail of the incentives under the
BMBE Law.”

– Undersecretary Zenaida Maglaya


DTI Regional Operations Group
INCENTIVES AND BENEFITS
1. INCOME TAX
EXEMPTION

Section 7. Exemption from Taxes and Fees –


All BMBEs shall be exempt from tax for income arising from
the operations of the enterprise.

Sec. 7 of RA 9178
BENEFITS

2. minimum wage Law


EXEMPTION

Sec. 7 of RA 9178
INCENTIVES AND BENEFITS

2. minimum wage Law


EXEMPTION
Section 8. Exemption from the Coverage of the Minimum Wage Law
The BMBEs shall be exempt from the coverage of the Minimum
Wage Law: Provided, That all employees covered under this Act shall be
entitled to the same benefits given to any regular employee such as
social security and healthcare benefits.

Sec. 7 of RA 9178
BENEFITS

3. special window for financing


PRIORITIZATION

Sec. 7 of RA 9178
BENEFITS
4. training and marketing
ASSISTANCES

**The LGUs are also encouraged either to reduce the amount of local taxes, fees and charges imposed or to exempt the
BMBEs from local taxes, fees and charges.
S e c t i o n 1 0 . Te c h n o l o g y Tr a n s f e r, P ro d u c t i o n a n d
M a n a g e m e n t Tr a i n i n g , a n d M a r k e t i n g A s s i s t a n c e

• A BMBE Development Fund shall be set up with an endowment of Three


Hundred Million pesos (P300,000,000.00) from the Philippine Amusement
and Gaming Corporation (PAGCOR) and shall be administered by the SMED
Council.

• DTI, DOST, UP ISSI, CDA, TESDA, and Technology and Livelihood


Resource Center (TLRC) may avail of the said Fund for technology transfer,
production and management training and marketing assistance to BMBEs.
HOW?

HE R E ?
W
HOW TO REGISTER?

Basic requirements for NEW applicants and for BMBEs applying for
RENEWAL of registration:

• Business registration (SEC, CDA or DTI);


• Passport size ID Pictures
• Mayor’s Permit
• Sworn Statement of Assets & Liabilities
• Pictures and the place of business and its assets, other than CASH,
RECEIVABLES and TANGIBLES
WHO ARE ELIGIBLE TO
REGISTER

Any person, natural or juridical, or cooperative,


or association, having the qualifications may apply for
registration as BMBE
HOW TO REGISTER?

• For those with assets worth more than three hundred thousand pesos
(P300, 000) up to three million pesos (P3,000,000.00):
• TIN
• BIR Certificate of Registration
• Sworn affidavit that the enterprise is barangay-based and micro-business in nature and scope
• Copy of loan contracts (if any) and Duly-Notarized Certification of Amortization Payments
• Income Tax Return
HOW TO REGISTER?
Additional requirements for the RENEWAL OF BMBE
REGISTRATION:
• For those with assets worth three hundred thousand pesos (P300,000) and
less –
• Annual Information Return (for the year immediately preceding the renewal of
registration) duly filed with the BIR, together with its attachments
• For those with assets worth more than three hundred thousand pesos
(P300,000) up to three million pesos (P3,000,000.00) –
• Annual Information Return (for the year immediately preceding the renewal of
registration) duly filed with the BIR, together with its attachments
WHAT IS THE VALIDITY PERIOD
OF THE CERTIFICATE OF
AUTHORITY?
TWO (2) YEARS
commencing from date of Issuance

RENEWAL for 2 YEARS


every 2 years thereafter
subject to Client's continued COMPLIANC
HOW MUCH WILL IT COST TO
REGISTER?

FREE OF CHARGE
REGISTRATION and
ISSUANCE OF CERTIFICATE
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