The PBR: All About Convenience and Convergence
Easier, Faster Transactions
The PBR has a single data entry facility which ensures that an applicant's basic business information is encoded only once. All government agencies and LGUs involved in business registration and license processing will refer to the same set of information as the need arises.
The PBR will forward the information supplied by the applicant to the respective agencies for further processing, and will only retain a subset of the information confined in a central database. Participating agencies will be able to push and pull data from the central database to the extent required by the enhanced registration system. Classified information will continue to reside in individual agencies and will not be part of the central PBR database.
Such a system makes it possible for prospective entrepreneurs to register new businesses and existing entrepreneurs to either renew their business registrations or file for business dissolution online through its business registration feature.
The PBR will soon provide for an online payment facility for business registration with DTI, SEC, and BIR that is capable of handling various modes of electronic payment, including payment through credit cards, ATMs, among others. The electronic payment system will have the capability to allocate payments and forward these to the appropriate recipients.
It will also have a courier service facility that allows scheduling of pick-up and delivery of documents and/or payment between the agency and the applicant should the latter choose to avail of such services.
Converging People and Processes
Government offices involved in business registration include agencies like the DTI, SEC, CDA, BIR, SSS, Pag-IBIG, PhilHealth and LGUs as well as other industry-specific licensing agencies.
A businessman can transact with concerned agencies through online electronic forms and may also opt to receive application status alerts and other services through electronic mobile devices. Pertinent sections of the online application will be automatically routed to the concerned agencies and LGUs following a process flow defined according to each agency's business registration functions as required by law. The businessman will have the option to defer the submission of information required by e-ready industry specific licensing units and may do so at his convenience through applicable PBR electronic forms. A facility for updating previously submitted information will also be provided.
The PBR system will generate a unique Philippine Business Number (PBN) for all legal business establishments in the country. The PBN will serve as the unique identification key for businesses to contract and avail of various government services in the future. The system will also improve the regulatory and promotional functions of the government.
In the grand scheme of things, the PBR will function as a technology tool for integrating business registration-related processes across interconnected information systems implemented by several government agencies. By helping streamline business registration procedures, it hopes to encourage more individuals and companies to engage in business.