Close this search box.

We are creating some awesome events for you. Kindly bear with us.

The Philippines begins the first phase of Central Business Portal

Image credits:

Registering a corporation with the Securities and Exchange Commission (SEC), and tax transactions with the Bureau of Internal Revenue (BIR) are now simpler, faster, and more convenient as the government launched the first phase of its Central Business Portal (CBP).

The CBP is an online system that offers a single site/one-stop-shop for all business-related information and transactions, such as registering a corporation, registering a business, and securing business permits/certificates, licences from said government agencies. It is created under RA No. 11032 or the Ease of Doing Business Act and is a project spearheaded by the Anti-Red Tape Authority (ARTA), in collaboration with the Department of Information Technology (DICT), BIR, SEC, PhilHealth, and Pag-IBIG.

For its initial implementation (Phase 1), the CBP shall be available to the domestic corporations, particularly one-person corporation, corporations with two to four incorporators; regular corporations whose incorporators are juridical entities and/or the capital structure is not covered by the 25%-25% rule, who intends to register their businesses.

The portal provides a Unified Application Form (UAF) for all agencies involved in the business registration process. Thus, citizens who are registering a corporation no longer need to accomplish and file several registration forms in different government agencies.

Also, the Commissioner of the Bureau of Internal Revenue (BIR) expressed his optimism that with the recently launched online registration platform, more taxpayers will find it easier and faster to comply with the registration requirements of the government. He hopes that it will put delays, bureaucratic gridlocks, and inefficiencies behind them. It will likewise put more taxpayers into the tax net thereby strengthening revenue collection efforts and eventually pump more lifeblood into the veins of government operations, the Commissioner added.

Among the BIR-related features of the CBP are online generation/issuance of Taxpayer Identification Number (TIN) of new corporations; identification of the national internal revenue taxes which the new corporations will be liable to; online payment of the annual registration fee (ARF) of PHP500 and Documentary Stamp Tax (DST) of PHP30 and generation of BIR Electronic Certificate of Registration (COR). The electronic COR bears a Quick Response (QR) Code that serves as a security feature to prove the authenticity of the COR.

New corporations registering through CBP are likewise given an option to pay their ARF and loose DST manually. However, when they choose this option, they shall complete their business registration at the respective Revenue District Office (RDO) by submitting the printed CBP-generated documents, and other documentary requirements prescribed by the Bureau in its Revenue Memorandum Circular No. 15-2021.

Taxpayers that opted to pay electronically through the CBP shall, after securing/printing the BIR electronic COR through the CBP, proceed to the RDO indicated in the electronic COR, to buy its BIR Printed Receipts/Invoices (BPR/BPI) to start its business operation immediately after its registration. Otherwise, it may apply for Authority to Print (ATP) its receipts/invoices to be printed by BIR Accredited Printers.

As reported by OpenGov Asia, DICT has committed to eliminate bureaucratic red tape as well as streamline business registration processes in the country through the CBP.

The Director-General of the Anti-Red Tape Authority is also positive that the CBP will suppress corruption in the government. He further said that this will be possible by the lack of human intervention in the process. Every signature, every stop in the process, wherein there is a need to speak with a government employee is an opportunity for corruption. Therefore, streamlining the process online removes the stress caused by lining up and removal of fixers and corruption. It is also envisioned to cover the Department of Trade and Industries (DTI), social agencies in the country.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.