Category Archives: Barangay Micro Business Enterprise

Lifted from DTI Negosyo Center Online How you can avail BMBE exemption from the coverage of the minimum wage law? Once a BMBE is registered and issued with a Certificate of Authority, it is automatically exempt from the minimum wage law. What is the effect of the law on the wages of existing/newly hired employees? […]

Lifted from DTI Negosyo Center Online What is the BMBE Certificate of Authority validity period? The BMBE Certificate of Authority (CA) shall be effective for a period of two (2) years commencing from the date of issuance. The BMBE Certificate of Authority (CA) may be renewed for the same period of two (2) years and […]

Lifted from DTI Negosyo Center Online How To Register BMBE Online? Based on the revised guidelines issued by the DTI under DTI DAO No. 16-01, Series of 2016, any person, natural or juridical, such as partnership, corporation, association, and cooperative, having the qualifications and none of the disqualifications shall be eligible to register as BMBEs. […]

LOANS TO BARANGAY MICRO BUSINESS ENTERPRISES, or BMBE Lifted from Bangko Central Ng Pilipinas The following are the rules and regulations to implement Section 9 and the second paragraph of Section 13 of R.A. No. 9178, otherwise known as the “Barangay Micro Business Enterprises (BMBEs) Act of 2002”. Credit delivery. The LBP, the DBP, the SBGFC, […]

Lifted from DTI Negosyo Center Online What is the Special Credit Window for registered BMBEs? The Bangko Sentral ng Pilipinas (BSP) issued on 11 March 2003, Circular No. 374, s2003, Implementing Rules and Regulations of Section 9 (Credit Delivery) of RA No. 9178. The guidelines provide instructions for the government financial institutions to set up […]