Contributed by Ocampo & Suralvo Law Offices
Republic Act (R.A.) No. 11032 or the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018”
Are bureaucratic woes and red-tape soon a thing of the past? The Philippines vows to fight red-tape, ease the conduct business transactions, and ensure efficient processes with an overhauled anti-red tape law.
The Philippines is about to turn this situation around and boost its competitiveness in the world stage. On 28 May 2018, Republic Act (R.A.) No. 11032 or the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018” (“EDB Law”) was signed into law.
The EDB Law is not the Philippines’ first attempt at curbing excessive red-tape and delay-ridden bureaucratic processes. This law amends the Anti-Red Tape Act, RA No. 9485 passed in 2007. This new legislation showcases updated systems and imposes shorter transaction periods and heavier penalties for violators.
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Contact
Atty. Mary Ann Curameng
Senior Associate
Ocampo & Suralvo Law Offices
mcurameng@ocamposuralvo.com
The information provided here is for information purposes only, and is not intended to constitute legal advice. Legal advice should be obtained from qualified legal counsel for all specific situations.