PHILIPPINE RETIREMENT AUTHORITY ACCREDITATION OF MERCHANT PARTNERS (SERVICE PROVIDER) AND RETIREMENT FACILITIES
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1 PHILIPPINE RETIREMENT AUTHORITY PROCEDURE: ACCREDITATION OF MERCHANT PARTNERS (SERVICE PROVIDER) AND RETIREMENT FACILITIES SCHEDULE OF AVAILABILITY OF SERVICE: Monday to Friday 8:00 am 5:00 pm WHO MAY APPLY: DOCUMENTARY REQUIREMENTS: 1. Accommodation (Hotels, Condominiums) 2. Wellness (Hospitals, Medical Clinics, Spa, Laboratory Services) 3. Recreation (Golf/Country Clubs, Resort, Restaurants, Travel Agency) 4. Other related services I. For Merchant Partners Accomplished Application Form Accomplished Information Sheet Company Profile DTI Registration (for sole proprietorship) SEC Registration Articles of Incorporation By-Laws (for partnership or corporation) Mayor s Permit BIR Certificate of Registration Memorum of Agreement (pro-forma provided by PRA) Additional requirements, only if applicable: DOH Accreditation (for hospital, clinic, laboratory, or HMO) IC Accreditation (for insurance company) IBP membership receipt (for law firm) Authorization Letter or Secretary s Certificate (for authorized representative)
2 DURATION OF ACTIVITY: II. For Retirement Facility Accomplished Application Form Accomplished Information Form Retirement Facility Profile Mayor s Permit HLURB License to Sell SEC Registration Articles of Incorporation with By-Laws Audited Financial Statements for last 3 years Income Tax Returns for the last 3 years Pro-forma Contract to Sell / Lease BIR Certificate of Registration Accreditation Fee (applicable for Ready-for-Occupancy facilities only): Initial US$ Renewal US$ Additional requirements: Feasibility Study (for pre-selling projects) Occupancy Permit (for ready-for-occupancy facilities) Authorization Letter or Secretary s Certificate (for authorized representative) 15 to 20 Working Days PROCESS FLOW 1.A ACCREDITATION OF MERCHANT PARTNERS: STEP APPLICANT SERVICE PROVIDER PERSON IN CHARGE FEES 1 Orient business owners/representative applying for accreditation, provide applicant accreditation kit 2 Submit requirements Evaluate documents submitted 3 Conduct ocular inspection, prepare report / Div. Chief - CorPlan List of Requirements Application Form Information Kit Ocular Inspection Report
3 STEP APPLICANT SERVICE PROVIDER PERSON IN CHARGE FEES (Schedule 2-3 days after the complete requirements were submitted) 4 Prepare endorsement memo for the 5 Review documents/requirements. Affix signature/initial 6 Review application approves accreditation 7 Prepare certificate of accreditation Certificate of Accreditation 8 Affix initial, forward to the GM for signing 9 Sign certificate of accreditation 10 Notarize signed Memorum of Agreement 11 Inform business owner on the approved accreditation thru /phone call 12 Pick up certificate of accreditation, MOA, official sticker 13 Provide PRA marketing collaterals Release certificate of accreditation, MOA, official sticker Display marketing collateral received post information/services on the website END OF TRANSACTION
4 PROCESS FLOW 1.B ACCREDITATION OF RETIREMENT FACILITIES: STEP APPLICANT SERVICE PROVIDER PERSON IN CHARGE FEES 1 Orient facility owners/representative applying for accreditation, provide applicant accreditation kit 2 Submit requirements Evaluate documents submitted 3 Conduct ocular inspection, prepare / Div. report Chief - CorPlan (Schedule 2-3 days after the complete requirements were submitted) 4 Prepare endorsement memo for the 5 Review documents/ requirements. Affix signature/initial List of Requirements Application Form Information Kit Ocular Inspection Report 6 Review application approves accreditation 7 Prepare certificate of accreditation Certificate of Accreditation 8 Affix initial, forward to the GM for signing 9 Sign certificate of accreditation 10 Inform business owner on the approved accreditation thru / phone call 11 Visit PRA office Issue Billing Statement (applicable for RFO facilities only) Accreditation Fee - US$ (new) - US$ (renewal) 12 Pay accreditation fee at the Receive payment issue Official Cashier Official Receipt
5 STEP APPLICANT SERVICE PROVIDER PERSON IN CHARGE FEES Cashier booth Receipt 13 Present OR to Check payment 14 Release certificate of Release certificate of accreditation, accreditation official sticker MOA, official sticker 15 Provide PRA marketing collaterals Display marketing collateral received post information/services on the website END OF TRANSACTION
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