FullSuite

Know Your Fees When Renewing Business Permit


Where is all my money going?? That’s a question we get a lot at Full Suite. Well, we heard you so this blog post is going to focus on fees.

Here’s a table estimating what you can expect to spend including some non-government-related items like parking, notary fees and photocopies.

Expenses Cost Remarks
Transporation
Gas (Assessment of business permit Incl. brgy permit) 50.00 Vehicle 1st Visit
Gas (Payment of business permit) 50.00 Vehicle 2nd Visit
Gas (Release of business permit) 50.00 Vehicle 3rd Visit
Parking –   Free in any Gov’t Facilities
Filing fee to Government Agencies
Barangay Permit 500.00
Community Tax Certificate 1,300.00 based on Php 1 million gross sales
Business Permit Assessment
Mayor’s Permit Fee 5,000.00
Business Tax 15,000.00 based on Php 1 million gross sales
Sanitary Permit Fee 90.00
Garbage Fee 1,200.00
Signboard Fee 200.00
Individual MP Fee 250.00
Individual HC Fee 250.00
Fire Safety Inspection Fee 649.00
Total Business Permit Assessment 22,639.00
Notary for Business Permit Form 100.00
CGL Insurance (Maximum of 20 sq mtr office area) 1,120.00 Maximum of 20 sq meter office area
BIR 0605 Annual Registration Fee 500.00
Photocopies 100.00 various documents need photocopies
Total Cost of Business Permit Renewal Php 26,409.00

To take away the intimidation, we are showing you our own paperwork (minus sensitive information — we’re copying the costs outlined in the table above). Hopefully, these will help you start identifying which of your own documents you need to prepare before you head to your local government offices.

Here are the various documents you will process; you’ll see the fees highlighted in orange to help you spot them more quickly.

 

 

Hope that helps! Drop us a note if you have any questions about the process. We’d love to help.