About this document
BMBE Law: Benefits and Registration Process by Joel Mangallay is a document available to read on EtoBox.
This document establishes the Barangay Micro Business Enterprises (BMBE) Act of 2002, which aims to promote the growth of small businesses in villages. The law provides incentives like tax exemptions and financial assistance to help micro enterprises in villages generate employment and alleviate poverty. It defines BMBEs as small businesses with assets of less than 3 million pesos and outlines registration requirements, benefits, and penalties for non-compliance with the law.
- Author
- Joel Mangallay
- Language
- EN