FIFTEENTH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES 
First Regular Session 
) 
) 
) 
SENATE 
S.B.No. 1413 
,"~ 
Introduced by Senator Loren Legarda 
EXPLANATORY NOTE 
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JIJl l3 P Ll :06 
This bill seeks to establish a Philippine Business Registry Databank (PBRD), 
which shall assist in the facilitation of business transactions among local and foreign 
entrepreneurs. 
In the age of Globalization, business transactions cross geographical borders in a 
short period of time. Vital and comprehensive information should be available within a 
matter of seconds to ensure the success of the dealings. The less challenges the investors 
and entrepreneurs face, the higher the success rate, which will translate, to the 
development of the country's economy. 
The local government of Quezon City recognizes the need to create a business 
comprehensive database in order to facilitate the business transactions in the city. The 
Quezon City Business Registry contains important information like business 
demographics and premium brands. Such program lives up to the city's tags as the "ICT 
Capital of the Philippines" and "Most Business Friendly City." The city of Naga enacted 
Ordinance No. 2005-0008 on January 24, 2005 which mandated the creation of the Naga 
City Business Registry Databank. qearly then, there is a need to create a comprehensive 
national business database to collate, merge and make available on a national level such 
data. 
The measure provides for the creation of the Philippine Business Registry 
Databank, which shall serve as the main repository of business data in the country. It 
shall provide business information and other services through electronic networking. 
The speedy access to important information shall facilitate business transactions and 
partnerships. In order to coordinate the activities of the PBRD, a national coordinating 
board shall be established. Representatives from various departments and agencies such 
as the Department of Trade and Industry (DTI), the Department of Interior and Local 
Government (DILG) and the Securities and Exchange Commission (SEC) shall serve as 
members of the board. The President of the Philippines shall appoint three (3) 
representatives from business organizations to the board for a term of three (3) years. 
The information to be utilized by the PBRD shall come from the consolidated 
business permits issued by the cities, municipalities and the ones gathered by the SEC 
and DT!. For its first year, the amount of ten million pesos shall be appropriated to 
ensure its proper establishment and implementation. 
For these reasons, the passage of this bill is earnestly sought. 
~tlGA~;;= 
Senator 


FIFTEENTH CONGRESS OF THE 
REPUBLIC OF THE PHILIPPINES 
First Regular Session 
) 
) 
) 
SENATE 
1 0 JUl 13 P 4 :06 
______________________ S_.B_._N_o_.==1=4~1~_3~ ___ 
,·_·_._~~_.C_.F_IV_e!)BV;~~. 
Introduced by Senator Loren Legarda 
AN ACT 
ESTABLISHING THE PHILIPPINE BUSINESS REGISTRY DATABANK, AND 
FOR OTHER PURPOSES 
Be it enacted by the Senate and the House of Representatives of the Philippines in 
Congress assembled: 
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SECTION 1. Title. - This Act shall be known as "The Philippine Business 
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Registry Databank Act of 2010." 
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SEC. 2. Creation of Philippine Business Registry Databank. - There is hereby 
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created a Philippine Business Registry Databank (PBRD), which shall be the main 
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repository of information on business enterprises in the Philippines. It shall provide 
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business information and training support services, promote trade and investments 
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through electronic networking, as well as facilitate business partnerships among 
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local entrepreneurs and their foreign counterparts. 
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SEC.. 3. PBRD National Coordinating Board. - For the purpose of 
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coordinating the activities of the PBRD, a national coordinating board shall be 
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established, to be composed of the representatives from the Department of Trade 
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and Industry, the Department of the Interior and Local Government, the Securities 
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and Exchange Commission, and the National Statistics Office; the President of the 
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League of Cities; the President of the League of Municipalities; the President of the 
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Philippine Chamber of Comme~ce and Industry (PCCI), five (5) PCCI area Vice 
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Presidents; and three (3) representatives from other business organizations with 
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countrywide network or membership, who shall be appointed by the President of 
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the Philippines for a term of three (3) years. 
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The PCCI, through its President or its duly designated Representative, shall 
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be the National Coordinator and shall recommend to the board the appropriate 
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programs and policies to be formulated in the Implementing Rules and Regulations 
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(IRR). 
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SEC. 4. Role of Government Agencies and the Local Government Units. - The 
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information necessary for the PBRD shall be generated and collected through the 
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business permits issued by cities and municipalities as well as those gathered by the 
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Securities and Exchange Commission and the Department of Trade and Industry. 
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The heads of the Department of Trade and Industry, the Department of Interior and 
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Local Government, the Securities and Exchange Commission, the National Statistics 
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Office, and the mayors of cities and municipalities shall assist the local chambers of 
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the PCCI in collecting the information necessary for the PBRD. The local chambers 
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of the PCCI will ensure that the data is collected, encoded and transmitted to the 
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PBRD. 
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SEC. 5. Role of the Local Chambers. - The PCCI through the local chambers 
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shall work and coordinate with the heads of the Securities and Exchange 
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Commission and the Departmertt of Trade and Industry, as well as the mayor's 
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office of each city and municipality to establish and maintain a Local Business 
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Registry Databank (LBRD). 
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SEC. 6. Appropriations. There is hereby appropriated initially for the first 
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year the sum of Ten Million Pesos (PIO,OOO,OOO.OO) from any funds in the Treasury 
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not otherwise appropriated, for the implementation of this Act. 
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An additional amount shall be determined by the PBRD National 
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Coordinating Board and shall be collected for each business permit to be issued by 
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the city or municipality and rem~tted to the expended solely to finance the computer 
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hardware and software. 
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The additional amount from the mayor's permit shall be for the systems 
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maintenance, promotions, and consultancy and training for the advancement and 
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growth of micro, small and medium enterprises in the respective provinces. 
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SEC. 7. Rules and Regulations. The PBWD National Coordinating Board shall 
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promulgate the implementing rules and regulations within ninety (90) days from the 
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effectivity of this Act. 
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SEC. 8. Repealing Clause. - All laws, presidential decrees, executive orders, 
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rules and regulations which are' contrary to the provision of this Act are hereby 
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repealed, amended and modified accordingly. 
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SEC. 9. Separability Clause. - If any part of this Act shall be held 
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unconstitutional or invalid, other. parts or provisions hereof which are not affected 
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thereby shall continue to be in full force and effect. 
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SEC. 10. Effectivity. - This Act shall take effect fifteen (15) days after its 
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publication in at least two (2) newspapers of general circulation. 
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Approved, 
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