RMC No. 32-2015: Publishes the full text of the Memorandum of Understanding among the DOF, DTI, DILG, QC-LGU, BIR, SEC, SSS, PhilHealth, Pag-IBIG Fund and NCC

Key points

1. Targets. The parties aim to cut the procedures for starting a business from 16 steps to a target of 6 steps. They also aim to cut the time to complete registration from 34 days to a target of 8 days.
2. Cooperation. The parties cooperate within their own mandates in implementing the MOU and/or Administrative Order (AO) No. 38. Specific activities are administered under separate project documents or written agreements signed by the parties.
3. Commitments. The parties commit to set up networks and linkages for exchanging data, reports and information, to meet regularly and resolve problem areas, and to discuss Ease of Doing Business issues and share successful practices for replication.
4. Projects under AO No. 38. These include developing policies and guidelines for the Gameplan for Competitiveness, recommending measures to promote transparency and efficiency in business practices, and implementing reforms to improve the ranking in all ten (10) indicators of the International Finance Corporation Doing Business Survey. They also include coordinating inclusion of EODB targets in agency performance targets, organizing EODB teams, and monitoring and evaluating programs and policies.

Who is affected

• DOF, DTI, DILG, Quezon City LGU, BIR, SEC, SSS, PhilHealth, Pag-IBIG Fund and NCC