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Doing Business
Commerce and trading in the Municipality of Trinidad
is more dynamic than most of the municipalities
in the province, because of the following factors:
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BUSINESS
PROFILE
Strategic
Location
Trinidad is the point of convergence of three
major routes: eastern, northern and interior
routes (coastal and interior highways). These
routes originated from the Province Capital – Tagbilaran
City, which branches-out to three different
routes that connects the interior and coastal
municipalities in the province and converging
in the Municipality of Trinidad. As a converging
point, Trinidad becomes a convenient trading
center for the various municipalities. Products
from the coastal municipalities (specifically
marine products) were bartered for crops and
other agricultural products of the interior
municipalities. Because of the routes, products
from outside the province-specifically Cebu
and Leyte, handily found its way to Trinidad
to be traded.
The IPIL
River
The Ipil River is a waterway vital to the commercial activity of the municipality.
The many islands of the coastal municipalities in the northern part of the province
are noted for its various marine products. Islands traders conveniently transport
these products to Trinidad, through Ipil River, for local, provincial or regional
trading.
Facilities
Aside from the infrastructure-transportation facilities, the municipality has
cold storage, ice plant and milling facilities; vital agricultural post-production
facilities.
Commercial activity is largely concentrated
in Poblacion, where almost 70% of the total
numbers of commercial establishments are
located.
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STARTING
A BUSINESS
In starting a business you need to apply and secure for a Mayor and Business
Permit first. An application for a Mayor's Permit shall be filed with the
Office of the Municipal Mayor through a Letter of Intent. Upon approval of
the intent by the mayor, you are directed to proceed to the Office of the
Municipal Treasurer for the computation of the necessary fees and secure
a Clearance Form. The form for the purpose shall be issued by the same Office
and shall set forth the requisite information including the name and residence
of the applicant, the description of business or undertaking that is to be
conducted, and such other data or information as may be required.
Below are
the requirements for a newly-started business:
a. Location sketch of the
new business;
b. Paid-up capital of the business as shown in the Articles
of Incorporation, if a corporation or partnership, or a sworn statement of
the capital invested
by the owner or operator, if a sole proprietorship;
c. A certificate attesting
to the tax exemption if the business is tax exempted;
d. Certification from
the office in charge of zoning that the location of the new business is
in accordance with zoning regulations;
e. Tax clearance showing that the
operator has paid all tax obligations in the municipality;
f. Barangay
clearance;
g. Three (3) passport size pictures of the owner or operator
or in cases of a partnership or corporation the picture of the senior or
managing partners
and that of the President or General Manager;
h. Health certificate for
all food handlers, and those required under Chapter IV, Art. D of the Revenue
Code; and
i. SSS and Philhealth Clearance.
Requirements for the renewal of existing
business permits:
a. Previous year's Mayor's permit;
b. Two ( 2 ) copies of the annual
or quarterly tax payments;
c. Two ( 2 ) copies of all receipts showing payment
of all regulatory fees as provided for in the Revenue Code;
d. Certificate
of tax exemption form local taxes or fees, if exempt;
e. Photo copies
of business permits of the preceding year, failure to
submit/present such documents a penalty in the amount of P 500.00 will
be collected; and
f. SSS and Philhealth Clearance.
Upon submission of the application,
it shall be the duty of the proper authorities to verify if other municipal
requirements regarding the operation
of the business or activity such as sanitary requirements, installation
of power and light requirements, as well as other safety requirements are
complied with. The permit to operate shall be issued only upon compliance
with such safety requirements and after the payment of the corresponding
inspection fees and other impositions required by the Revenue Code and
other municipal tax ordinances. Any false statement deliberately made by
the applicant shall constitute sufficient ground for denying or revoking
the permit issued by the Mayor, and the applicant or licensee may be prosecuted
in accordance with the penalties provided in the Revenue Code.
A Mayor's
Permit shall be refused to the following grounds:
(1) any person who previously
violated any ordinance or regulation governing permits granted;
(2) whose
business establishment or undertaking does not conform with zoning regulations,
and safety, health and other requirements of the municipality;
(3) who
has unsettled tax obligation, debt or other liability to the government;
(4) who is disqualified under any provision of law or ordinance to establish
or operate the business applied for.
(5) any person or applicant for a business
who declares an amount of gross sales or receipts that are manifestly below
industry standards or the Presumptive
Income Level of gross sales or receipts as established in the municipality
for the same or a closely similar type of activity or business.
Upon approval
of the application of a Mayor's Permit by the Mayor, the same shall be
presented to the Office of the Municipal Treasurer as basis
for the collection of the Mayor's Permit fee and the corresponding business
tax.
The Mayor's Permit shall be issued by the Municipal Mayor through the
Licensing Officer upon presentation of the receipt for the payment of the
Mayor's Permit and the official receipt issued by the Municipal Treasurer
for the payment of the business tax. Every permit issued by the Mayor shall
show the name and residence of the applicant, location of the business;
date of issue and expiration of the permit; and other information as may
be necessary. The Municipality shall, upon presentation of satisfactory
proof that the original of the permit has been lost, stolen or destroyed,
issue a duplicate of the permit upon the payment of Twenty Pesos (P 20.00).
For
more information, please refer to the Revenue Code and Market Code of this
municipality. |
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