TAGUIG CITY, PHILIPPINES — Department of Trade and Industry Secretary (DTI) Fred Pascual urged Filipinos to formally register their businesses following the integration of the DTI’s Business Name Registration System (BNRS) into Taguig City’s Business Permitting and Licensing System (Apollo 2.0).

“We aim to encourage more Filipinos to establish and formally register their businesses by simplifying the registration process. Our collective efforts will unlock opportunities, empowering more businesses to thrive and contribute to the sustainable growth and development of our country,” said Secretary Pascual.

The DTI has partnered with the City Government of Taguig to streamline business registrations with a system-to-system approach, which was formalized through a memorandum of agreement signed on May 2, 2024.

Through this collaboration, Taguig’s permit and licensing system will automatically validate business permit applications against the DTI’s business name registrations without requiring copies of their DTI registration certificates. It will also ensure reliable and secure transactions, real-time access to information, and enhanced detection of falsified documents.

This initiative significantly enhances the ease of doing business and creates a more conducive business ecosystem for local entrepreneurs, particularly within the micro, small, and medium enterprise sector.

From L to R: DTI Regional Operations Group Assistant Secretary Grace Baluyan, DTI Secretary Fred Pascual, Taguig City Mayor Maria Laarni Cayetano, and Taguig City Data Privacy Officer Atty. Danica Karla Catbagan

Aligned with the Marcos Jr. administration’s whole-of-government approach, this strategic partnership with Taguig City is part of the DTI’s BNRS Online Integration with Local Government Units and National Government Agencies project.

“Together, let’s harness innovation, streamline regulations, and embrace digital platforms as we build a more inclusive, dynamic business ecosystem that embodies the spirit of Bagong Pilipinas,” said the trade chief. ♦

Date of release: 02 May 2024

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