The BLGF set another breakthrough in the Ease of Doing Business agenda as Executive Director Nino Raymond B. Alvina joined Finance Secretary Carlos G. Dominguez and the heads of other DOF attached agencies in the signing of the enhanced Investments Promotion Units Network (IPU Net) Memorandum of Agreement (MOA) on 07 August 2019.
The new IPU Net MOA intends to foster the commitment of 36 government agencies involved in the ease of doing business to reinforce the expeditious and efficient processing of business transactions primarily in the issuance of business registration, permits and licenses to investors. The end goal is to promote transparency and improve the business climate to make the Philippines more competitive as an investment hub.
The BLGF provides assistance to BOI-registered enterprises in relation to their concerns and queries with the local government units on all matters dealing with local treasury and assessment particularly in the availment of the local tax exemptions provided under Section 133 (g) of the Local Government Code (LGC) of 1991, thru the issuance of relevant Circulars, opinions and guidelines.
Joining the ceremony are Bureau of Internal Revenue (BIR) Commissioner Caesar Dulay, Bureau of Customs (BOC) Commissioner Rey Leonardo Guerrero and Securities and Exchange Commission (SEC) Chairman Emilio Aquino. The DOF event was witnessed by Trade Secretary Ramon Lopez.