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    <title>Barangay Micro Business Enterprises Act of 2002 on Maharlikanism</title>
    <link>https://maharlika.superphysics.org/cb/laws/bmbe/</link>
    <description>Recent content in Barangay Micro Business Enterprises Act of 2002 on Maharlikanism</description>
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      <title>Preliminary Provisions</title>
      <link>https://maharlika.superphysics.org/cb/laws/bmbe/part-1/</link>
      <pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate>
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      <description>&lt;!-- Twelfth Congress&#xA;&#xA;Second Regular Session&#xA;&#xA;Begun and held in Metro Manila, on Monday, the twenty-second day of July, two thousand two. --&gt;&#xA;&lt;!-- November 13, 2002 --&gt;&#xA;&lt;!-- Section 1. Short Title – This Act shall be known as the &#34;Barangay Micro Business Enterprises (BMBE&#39;s) Act of 2002.&#34; --&gt;&#xA;&lt;h3 id=&#34;section-2-policy&#34;&gt;Section 2. Policy&lt;/h3&gt;&#xA;&lt;p&gt;The State will hasten the country&amp;rsquo;s economic development by:&lt;/p&gt;</description>
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      <title>Incentives And Benefits</title>
      <link>https://maharlika.superphysics.org/cb/laws/bmbe/part-2/</link>
      <pubDate>Mon, 01 Jan 0001 00:00:00 +0000</pubDate>
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      <description>&lt;h3 id=&#34;section-7-exemption-from-taxes-and-fees&#34;&gt;Section 7. Exemption from Taxes and Fees&lt;/h3&gt;&#xA;&lt;p&gt;All BMBEs shall be exempt from tax for income arising from the operations of the enterprise.&lt;/p&gt;&#xA;&lt;p&gt;The LGUs are encouraged either to reduce the amount of local taxes, fees and charges imposed or to exempt BMBEs from local taxes, fees and charges.&lt;/p&gt;</description>
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