RMC No. 63-2018: Circularizes the full text of Department Administrative Order No. 16-01 Series of 2016 issued by the Department of Trade and Industry relative to the registration of Barangay Micro Business Enterprises

Key points

1. What it amends. It amends Article II, DAO No. 01 S. of 2003 on the Implementing Rules and Regulations of RA No. 9178, and Rule 4, Sections 1(b)ii and 3 of the Implementing Rules and Regulations of RA No. 10644, the Go Negosyo Act.
2. Who may register. Any natural or juridical person may register as a BMBE if it has assets of not more than Three Million Pesos (P3,000,000.00) excluding land, and is engaged in production, processing, manufacturing, trading or services. It must be registered with the DTI (sole proprietorships), the SEC (corporations and associations) or the CDA (cooperatives).
3. Disqualified. Entities rendering services connected with the exercise of a profession by a person licensed after passing a government licensure examination cannot apply for a BMBE Certificate of Authority.
4. Application and approval. Applications are filed free of charge with Negosyo Centers, or DTI offices where none exist. The DTI issues the Certificate within fifteen (15) working days from receipt of a complete application, otherwise it is deemed approved.
5. Validity and reporting. The Certificate is effective for two (2) years from issuance and renewable for two (2) years each time, subject to continued eligibility. The BMBE reports any change in ownership structure to the DTI through the Negosyo Center and surrenders the original certificate for notation.

Who is affected

• Natural or juridical persons seeking BMBE registration

Deadlines and effectivity

• DTI issues the Certificate within fifteen (15) working days from complete application
• Certificate effective for two (2) years from date of issuance, renewable every two (2) years