I. Start-Up Cost 

A. Business Taxes and Licensing

A. ISSUANCE OF MAYOR’S / BUSINESS PERMIT (NEW/RENEW)
REGULATORY FEES:

Barangay Clearance
Building Permit Clearance
P
Business CertificationP 230.00
Certificate of LandholdingP 120.00
Documentary StampP 30.00
Fire Clearance
Fire Inspection Fee
Health CertificateP 215.00
Laboratory Fee
Mayor’s Clearance
Occupation FeeP 200.00
Realty Tax ClearanceP 120.00
Sanitary Inspection FeeP 320.00
Zoning CertificationP 130.00
Building Annual Inspection FeeP 200.00
PD1186

B. DROPPING OF FRANCHISE

REGULATORY FEES:

Dropping of Franchise, 3 yearsP 700.00
Documentary StampP 30.00

C. ISSUANCE OF OCCUPATIONAL/CALLING PERMITS/PARKING PERMITS

REGULATORY FEES:

Mayor’s Permit FeeP 200.00
Laboratory Fee
Occupational ID

D. ISSUANCE OF MOTOR TRICYCLE OPERATORS PERMIT (NEW)

REGULATORY FEES:

Registration Fee
Franchise Fee MotorcycleP 700.00
Mayor’s PermitP 550.00
Filling Fee
StickerP 110.00
Inspection FeeP 200.00
Medical CertificateP 320.00
Security Fee
Educational Support Program Fee
Road Maintenance
Driver’s IDP 75.00
Seminar and Orientation
Garbage Fees
Occupational Permit Fee
Documentary Stamp

P 30.00

B. Local Registration Fees and Other Charges

ISSUANCE OF TAX CLEARANCE

REGULAR FEES:

Documentary StampP
Educational Support Program Fee

C. Philippine Securities and Exchange Commission (SEC) Fees

Maximum Aggregate Price of SecuritiesFiling Fee
Registration Statement
Not more than P500 Million
0-10% of the maximum aggregate price of the securities to be offered + Legal Research Fee
(1% of Filing Fee)
More than P500 Million but not more than P750 MillionP500,000.00 plus 0.075% of the excess over P500 Million + LRF (1% of Filing Fee)
More than 750 Million but not more that P1 BillionP687,500.00 + 0.05% of the excess over P750 Million + LRF (1% of Filing Fee)
More than P1 BillionP812,500.00 + 0.025% of the excess over P Billion + LRF (1% of Filing Fee)

Securities to be registered but which are not part of the offering shall be based on Par Value. In case of options or warrants which have no issue value: Minimum of P50,000.00 in addition to the diminishing fee due on the underlying shares.
Source: www.sec.gov.phflags/
www.sec.gov.phforms-and-fees/schedule-of-fees/

D. DTI Business Name Registration

Fee (Php)
Territorial ScopeNewRenewal
Barangay200.00200.00
City/Municipality500.00500.00
Regional1,000.001,000.00
National2,000.002,000.00
  • Subject to an additional 30.00 for the Documentary Tax
  • Surcharge for Renewal:

a. If filed within three months from the expiration of the five-year period.
FREE of CHARGE; and
b. If filed after the said period of three months, payment is 50% of the selected territorial scope.

  • Certification (Change in business profile, negative certification, etc.), payment is Php50.00

 II. Manpower Costs 

A. Daily Minimum Labor/Wage Rates (with wage category)

CURRENT DAILY MINIMUM WAGE RATES
REGION XIII (CARAGA)


Per Wage Order No. RXIII-18
(Effective: 01 January 2004)

Sectors/IndustryMinimum Wage Rate under Wage Order No. RXIII-17New Wage IncreaseNew Minimum Wage Rate
Non-AgriculturePhp 20.00 upon effectivity of the new Wage Order
AgriculturePhp 350.00Php 385.00
Service/RetailAdditional Php 50.00 starting May 1, 2024 (2nd Tranch)
Manufacturing
  • Covers the Cities of Bayugan, Bislig, Butuan, Cabadbaran, Surigao, Tandag and the Provinces Dinagat Island, Agusa ndel Norte, Agusan del Sur, Surigao del Norte, and Surigao del Sur
  • Grants P35.00 per day basic wage increase upon effectivity of all tranches:
    – First Tranch: upon effectivity of wage order
    – Second Tranch: May 01, 2024
    Issued on 05 December 2023; publish on 16 December 2023 at Mindanao Daily
    Updated: 18 December 2023
 III. Real State 

a. Schedule of Market Values (Agricultural Lands, Residential, Commercial, and Industrial)

Schedule of Base Market Values for Urban/Poblacion or Growth Trading Center
There is hereby a fixed Schedule of Base Market Values per square meter of residential, commerical, and
industrial lands:

Municipality of Prosperidad

Residential

1st2nd3rd4th5th
2,8702,4102,0201,520900

Commercial

1st2nd3rd4th5th
4,7603,2502,2001,6201,110

Industrial

1st2nd3rd4th5th
580500390290160

Schedule of Base Market Values for Residential/Commercial Lands of the Rural/Countryside Barangays
Classified as highly progressive, moderately progressive and less progressive barangays.

Residential

1st2nd3rd4th5th
690540480330220

Commercial

1st2nd3rd4th5th
1,250940590400250

Commercial

1st2nd3rd4th5th
n/an/an/an/an/a

Schedule of Market Value for Capitalized Value of Agricultural Lands
There is hereby a fixed Schedule of Base Market Values for agricultural lands with plan improvements, per hectare.

Lands1st2nd3rd4th5th
1. Abaca Lands42,440388,440305,210240,470203,470
2. African Oil
Palm Land
481,540433,390350,840275,170203.470
3. Agro-industrial forest (mangium, Bagras, Gmelina, Mahogany and Other Species) Land497,260464,940400,290331,920295,870
4. Banana (Plantation type) Land765,460701,670574,250446,680382,730
5. Banana (plain) Land256,930242,590214,060185,450171,020