Business License and Mayor’s Permit shall be granted for a period of not more than one (1) year and shall expire on the thirty-first (31st) of December following the date of issuance unless revoked or surrendered

earlier.

The permit issued shall be renewed within the first twenty (20) days of January. It shall have a continuing validity only upon renewal thereof and payment of the corresponding fee.

Business taxes are computed based on gross receipts/sales. Payments may be made annually, semi-annually or quarterly.

Renewal of licenses may take one (1) day, depending on the results of evaluation or whether the applicant still has to secure clearances from various offices.