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Philippines Makes Doing Business Easier

Starting a business simplified to 6 steps and 8 days; payroll-related payments reduced from 36 to 13

14 April 2015 Manila, Philippines—The Philippines today unveiled reforms simplifying the process of starting a business to 6 steps and 8 days, down from the existing set-up requiring 16 steps and 34 days. The government also announced e-government initiatives for accessible and convenient online transactions for payroll-related payments to Philhealth and Pag-IBIG, reducing the number of payments from 36 to 13 per year.

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