EconomyForex

Pasig City offers tax-free special permit to sari-sari stores

1 Mins read
PASIGCITY.GOV.PH

THE PASIG local government has introduced a tax-free special permit for neighborhood convenience shops, referred to as sari-sari stores, in the city that are earning not more than P250,000 annually.  

Mayor Regis “Vico” N. Sotto, in posts on his official social media pages, announced the implementation of new guidelines for sari-sari stores as contained in Pasig City Ordinance No. 54 approved last year. 

“Let us help the small businesses in Pasig so that the local economy can further grow,” Mr. Sotto said in Filipino.  

The free annual special permit will be equivalent to the customary business permit.  

Under the ordinance, applicants for the special permit must present their sanitary and health certificates, which will also be free of charge, along with proof of selling food items with a Sangkap Pinoy seal, which is given to manufacturers who fortify their food products with iron, vitamin A, and iodine.   

These provisions, the mayor said, are intended to boost public health by encouraging regular medical check-ups among business owners and selling of more nutritious products.  

Existing shops will have to retire their existing business permits before applying for a special permit.  

The city’s Business Permit and Licensing Department will assess the eligibility of applicants based on start-up capital and/or gross sales and receipts as well as compliance with the documentary requirements.   

Random inspections will also be undertaken year-round by the department to ensure compliance and continued eligibility of special permit holders. — Marifi S. Jara

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