LOCAL ECONOMIC AND BUSINESS DEVELOPMENT OFFICE
Issuance of Business Permits (Online Application)
Classification: Simple
Type of Transaction: G2C – Government to Citizen; G2B – Government to Business
Who may avail: Business owners and Citizens in the City and other regions
Any person who shall establish, operate or conduct any business, trade or activity shall first obtain a Mayor’s Permit and pay the corresponding fees.
For renewal, Business Permit shall be in effect for one (1) year until February 28. Surcharge and penalties shall be imposed after this period.
For new business, Applicants will be accepted from January 21 onwards within the year.
Business taxes for new enterprises shall be based on capitalization while quarterly tax shall be based on the gross receipts of the quarter preceding quarter. For renewal, taxes for succeeding years shall be computed based on gross receipts/sales or graduated fixed tax.
NEW:
Capitalization x 1/10 of 1% + Regulatory Fees
RENEWAL:
- On Manufacturers
Gross Sales/Receipts (By category)
- Less than 10,000.00 to 5,000,000.00 or more but less than 6,500,000.00
- 6,500,000.00 or more at a rate not exceeding thirty seven and a half percent (371/2%) of one percent (1%)
- On Wholesalers, distributors or dealers
Gross Sales/Receipts (By category)
- Less than 10,000 to more than 1,000,000 but less than 2,000,000.00
- 2,000,000.00 or more at a rate not exceeding fifty percent (50%) of one percent (1%)
- On exporters at a rate not exceeding one-half (1/2) of the rates prescribed
- On retailers Gross sales/Receipts 400,000.00 or less 2% more than 400,000.00 1%
- On contractors
Gross Sales/Receipts (By category)
- Less than 5,000.00 to 1,000,000.00 or more but less than 2,000,000.00
- 2,000,000.00 or more at the rate not exceeding fifty percent (50%) of one percent (1%)
6. On banks and other financial institutions at a rate not exceeding fifty percent (50%) of one percent (1%) on the gross
receipts of the preceding calendar year.