The semiconductor and electronics companies in the Philippines among other significant businesses in the country are required to comply with the regulations of the Bureau of Customs. The regulatory requirements of customs must be considered before importing goods, particularly the regulated ones. The Bureau of Customs is considered as flow in the Philippines. Comes with its mandate is its likelihood of falling into corruption. If this bureau does not have red tapes, there will be direct benefits to the Philippine economy such as more revenues from import goods, proper allocation of customs resources leading to better cost usage, and ease of doing business thus attracting more investors in the country and therefore creating more jobs for Filipinos.