Establishment and Incentives for BMBEs

Ask AI

Republic Act No. 9178: Establishment and Incentives for BMBEs

What do you want to know about the law?
Ask AI quickly gives answers based only on the current context to avoid mistakes. Always verify with the original text.

New Chat Started

Ask AI

Title Source: Supreme Court: Establishment and Incentives for BMBEs

Law: Republic Act No. 9178

Decision Date: Nov 13, 2002

The Barangay Micro Business Enterprises (BMBEs) Act of 2002 promotes the growth of micro businesses in the Philippines by providing incentives and benefits, such as tax exemptions and access to credit, to registered BMBEs. The Act aims to integrate informal sector businesses into the mainstream economy and generate employment opportunities.

END