Ease of Doing Business in
Mandaluyong - Philippines
This page summarizes Doing Business data for Mandaluyong. The first table shows its rank among 25 cities/regions in Philippines. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.
Economy Overview
| Region |
East Asia & Pacific |
| Income Category |
Lower middle income |
| Population |
94,852,030 |
| GNI Per Capita (US$) |
2,210.00 |
|
Ease of Doing Business Rank among 25 cities in Philippines
|
Top city in Philippines |
| n.a. |
n.a. |
Subnational Data
Starting a Business
Info
The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.
| Indicator |
Mandaluyong |
East Asia & Pacific |
OECD |
The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries). View methodology
Procedures (number)
|
19 |
7 |
5 |
The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments. View methodology
Time (days)
|
28 |
36 |
12 |
Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law. View methodology
Cost (% of income per capita)
|
21.7 |
22.4 |
4.5 |
The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita. View methodology
Paid-in Min. Capital (% of income per capita)
|
6.0 |
13.4 |
13.3 |
| No. |
Procedure |
Time to Complete |
Associated Costs |
| 1 |
Verify and reserve the company name with the Securities and Exchange Commission (SEC)
|
1 day
|
PHP 40
|
| 2 |
Deposit paid-up capital in the Authorized Agent Bank (AAB) and obtain bank certificate of deposit
|
1 day
|
No cost
|
| 3 |
Notarize articles of incorporation and treasurer's affidavit at the notary
|
1 day
|
PHP 500
|
| 4 |
Register the company with the SEC and receive pre-registered Taxpayer Identification Number (TIN)
|
3 days
|
PHP 2,665 (PHP 1,667.99 filing fee equivalent to 1/5 of 1% of the authorized capital stock or the subscription price of the subscribed capital stock, whichever is higher but not less than PHP 1,000 + PHP 16.68 legal research fee (LRF) equivalent to 1% of filing fee but not less than PHP 10 + PHP 500 By-laws + PHP 150 for registration of stock and transfer book (STB) required for new corporations + PHP 320 STB + PHP 10 registration for SEC bulletin)
|
| 5 |
After issuance of the SEC certificate of incorporation, pay the annual community tax and obtain the community tax certificate (CTC) from the City Treasurer's Office (CTO)
|
1 day
|
PHP 500
|
| 6 |
Obtain barangay clearance
|
1 day
|
PHP 500 (between PHP 100 - PHP 1,000)
|
| 7 |
Obtain the business permit application form from the Business Permits and Licensing Office (BPLO)
|
1 day
|
No cost
|
| 8 |
Notarize the business permit application form at the notary
|
1 day
|
PHP 50
|
| 9 |
Obtain the locational clearance from the City Planning and Development Office (CPDO)
|
2 days
|
PHP 885 (PHP 89 filing fee + PHP 600 equivalent to PHP 3 per square meter for commercial establishments assuming an area of 200 square meters, land use fees x 1.25 multiplier for processing fee + PHP 46.30 certificate fee)
|
| * 10 |
Receive inspection for the locational clearance from the CPDO
|
1 day
|
No cost
|
| 11 |
Obtain the business permit to operate from the BPLO
|
1 day
|
PHP 4,363 (PHP 417 business tax (½ of 1/10 of 1% of paid up capital) + PHP 1,000 mayor’s permit fee + PHP 1,250 garbage fee + PHP 400 sanitary inspection fee + PHP 240 building inspection fee + PHP 290 electrical inspection + PHP 60 plumbing + PHP 111 sign/billboard fee + PHP 335.1 FSIC (10% of regulatory fees) + PHP 260 sticker and plate fee)
|
| 12 |
Buy special books of account at bookstore
|
1 day
|
PHP 400
|
| 13 |
Apply for certificate of registration (COR) and taxpayer’s identification number (TIN) at the Bureau of Internal Revenue (BIR)
|
1 day
|
PHP 15 (documentary stamp tax)
|
| 14 |
Pay the registration fee and documentary stamp taxes (DST) at the AAB
|
1 day
|
PHP 4,670 (PHP 500 registration fee + PHP 4,169.97 DST on original issuance of shares of stock. DST on the lease contract is not included in the computation of the cost)
|
| 15 |
Obtain the authority to print receipts and invoices from the BIR
|
1 day
|
No cost
|
| 16 |
Print receipts and invoices at the print shops
|
7 days
|
PHP 3,500 (between PHP 3,000 - PHP 3,800)
|
| 17 |
Have books of accounts and Printer’s Certificate of Delivery (PCD) stamped by the BIR
|
1 day
|
No cost
|
| 18 |
Register with the Social Security System (SSS)
|
2 days
|
No cost
|
| 19 |
Register with the Philippine Health Insurance Company (PhilHealth)
|
1 day
|
No cost
|
* Takes place simultaneously with another procedure.
Subnational Data
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