Ease MSME requirements, gov't told
Source: BusinessWorld
Published on: 2026-10-28 12:27
SENATE Minority Leader Alan Peter S. Cayetano on Wednesday called for more government agencies to ease compliance requirements for micro, small and medium enterprises (MSMEs) following the Bureau of Internal Revenue's (BIR) suspension of the mandatory online display of its Registration Seal Badge. In a statement, Mr. Cayetano welcomed the BIR's decision to suspend the Oct. 31 compliance deadline following data privacy, technical and scope concerns among online sellers, content creators and other taxpayers. He, however, emphasized that the government can do more to support small entrepreneurs, including those in the informal sector. Mr. Cayetano called for government agencies to coordinate their requirements, reduce repetitive submissions, and ensure systems run efficiently, which will simplify procedures and reduce the time entrepreneurs spend on compliance. A whole-of-government eff...
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