More than three thousand business establishments operating in Iloilo City have not yet renewed their permits, according to the Business Permits and Licensing Division (BPLD).
Norman Tabud, head of the city government’s BPLD, said 11, 362 out of 15, 558 registered businesses in the city renewed their permits as of Jan. 30.
The deadline for the renewal of business permits in the city was on Jan. 20. Those who did not make it to the cut-off date face penalties.
On Friday, Feb. 1, the BPLD started issuing notices to businesses that failed to renew their permits on time.
Tabud said the first notice gives business operators 10 days to process the renewal of their permits.
“If they still fail to comply, we will issue the second notice wherein they will be asked to explain in writing their reason for non-renewal,” he explained.
“For the last notice, they will be summoned by the City Legal Office for a conference wherein we will hear their side before we decide to issue or not to issue a closure order,” Tabud continued.
Penalties for late processing include a 25-percent surcharge and a two-percent interest per month of delay until the amount due is fully settled.IMT