MSME Laws
Republic Act No. 10644: Go Negosyo Act
This is the full text of Republic Act No. 10644: “An Act Promoting Job Generation and Inclusive Growth Through the Development of Micro, Small and Medium Enterprises”, otherwise known as the “Go Negosyo Act”. It was enacted into law on 15 July 2014 by His Excellency President Benigno Simeon C. Aquino III.
The following are the salient features of the Act:
-Establishment of Negosyo Centers in all provinces, cities and municipalities nationwide
-Establishment of a Start-up Fund for MSMEs to be sourced from the MSME Development Fund and BMBE Fund
-Technology Transfer, Production and Management Training, and Marketing Assistance for SMEs
-Recomposition of the MSME Development Council and its additional functions
The DTI Department Administrative Order No. 14-5 Series of 2014: “Implementing Rules and Regulations for Republic Act No. 10644, An Act Promoting Job Generation and Inclusive Growth Through the Development of Micro, Small and Medium Enterprises, otherwise Known as the “Go Negosyo Act”” was published on 29 December 2014.
The following are the salient features of the Act:
-Establishment of Negosyo Centers in all provinces, cities and municipalities nationwide
-Establishment of a Start-up Fund for MSMEs to be sourced from the MSME Development Fund and BMBE Fund
-Technology Transfer, Production and Management Training, and Marketing Assistance for SMEs
-Recomposition of the MSME Development Council and its additional functions
The DTI Department Administrative Order No. 14-5 Series of 2014: “Implementing Rules and Regulations for Republic Act No. 10644, An Act Promoting Job Generation and Inclusive Growth Through the Development of Micro, Small and Medium Enterprises, otherwise Known as the “Go Negosyo Act”” was published on 29 December 2014.
Guide to Republic Act (RA) 9178: BMBEs Act of 2002This handbook provides quick and essential information on RA 9178, otherwise known as the “Barangay Micro Business Enterprises (BMBEs) Act of 2002.” This book includes a directory of the key officials who may be contacted for further information about this Act and its implementation.
The full text of RA 9178 and its implementing rules and regulations (IRR) including the supplementary guidelines or clarifications issued by concerned agencies are also provided for ready reference.
Copy of B.M.B.E. handbook (R.A. 9178)
Application form for registration as BMBE
RA 9501: Magna Carta for Micro, Small and Medium Enterprises
Simplifying Business Permit and Licensing Process of Local Governments
Copy of B.M.B.E. handbook (R.A. 9178)
Application form for registration as BMBE
RA 9501: Magna Carta for Micro, Small and Medium EnterprisesThis primer provides a quick reference on the “Magna Carta for Micro, Small and Medium Enterprises (MSMEs),” a landmark legislation that defines the current national policy to promote, support, strengthen, and encourage the growth and development of MSMEs.
Enacted by the Philippine Congress in 1991 as RA 6977, amended by Republic Act 8289 in 1997, and further amended by RA 9501 in 2008, the law is geared towards the development of the Filipino entrepreneurial spirit by providing a business environment conducive for MSMEs.
The full texts of RA 6977, RA 8289, and RA 9501 and its IRR including the revised rules and regulations governing the mandatory allocation of credit resources provide ready reference for a complete compilation of laws on the Magna Carta for MSMEs.
Simplifying Business Permit and Licensing Process of Local Governments
The business of business registration is a process that involves both national and local governments.
Making it simpler and easier for applicants is a challenge that confronts both. There are recent efforts by the national government to spur productivity and improve competitiveness, and a focus of attention is how to simplify the business registration requirements of national agencies.
This toolkit focuses on the challenge of simplifying business registration at the level of local governments. It draws from information and knowledge that had been documented on successful efforts by local governments to simplify business registration.
It uses the experience of a growing number of local governments to show that simplifying business registration can be done, and that it can be done with positive results for both local government and small businesses.
If you would like to be one of those local governments known for efficient and effective business registration, here is a copy of the Toolkit.