The City Treasurer, Mr. Lino D. Daral, has again called on all business establishments to renew their business permits to avoid fines after the deadline on January 20, 2012.
Daral said that the Business One-Stop Shop (BOSS) at the City Hall is open from 8:00 a.m. to 12:00 midnight on Friday, January 20, in order to accommodate all applicants.
Accordingly, Daral encouraged all businessmen to submit their renewal applications before the set deadline to avoid paying the penalties/fines.
He further warns that all late applicants shall be charged a 25% surcharge and a 2% monthly interest.
Source: CIO Press Release