Domestic Enterprises Act Overview

Summary

Republic Act No. 12009, known as the Domestic Enterprises Act, promotes domestic businesses in the Philippines with incentives, simplified registration, and tax exemptions. It provides preference for local enterprises, fostering economic growth. The Government Procurement Reform Act (Republic Act No. 9184) also supports domestic suppliers in procurement. The University of the Philippines is a government agency under the Commission on Higher Education.

Full Conversation

is there preference for domestic enterprises in Republic Act No. *
Yes, Republic Act No. * does provide a preference for domestic enterprises. The Act includes measures to promote and support local businesses through various incentives, simplified processes, and exclusive benefits aimed at fostering domestic economic growth.
Do you need information on any specific incentives or benefits?
is there domestic preference in procurement law in the philippines
Yes, there is a domestic preference in procurement law in the Philippines. The Government Procurement Reform Act (Republic Act No. *) provides for preferences to domestic suppliers and contractors in the procurement of goods and infrastructure projects.
Is there a specific aspect of this law you need more details on?
is the University of the Philippines a government agency
Yes, the University of the Philippines (UP) is a government agency. It is a public university system established by the Philippine government and operates under the jurisdiction of the Commission on Higher Education (CHED).
Is there anything specific you need to know about it?