THE EASE OF DOING BUSINESS LAW OR SALIENT PROVISIONS OF REPUBLIC ACT 11032
Ease of doing business law On May 28, 2018 President Rodrigo Duterte signed into law Republic Act (RA 11032) or the Ease of Doing Business Law. This law aims to entice entrepreneurs to open up their businesses in the Philippines by expediting business and non-business transactions including the issuances of permits and licenses and holding government officials accountable for graft and corruption. This law is an amendment to the Anti Red-Tape Act of 2007. The following are the salient provisions of the Ease of Doing Business Law. FASTER TRANSACTIONS DUE TO EASE…