Steps to Register Your Business
March 18, 2006 by Leo 63,409 Views
What’s in a name? A business name is a name under which a business operates. Business name registration is compulsory and must be completed before the business starts operating. Choosing the right name for your new business is extremely important. Your business name distinguishes your products and services from those of your competitors, and helps to establish your identity in the marketplace.
In putting up a business, there are several government agencies you have to register with depending on the type of your business. These are the following:
For Single Proprietorship
STEP 1
Business Name Registration Certificate
Visit Department of Trade & Industry (DTI) Provincial Office or log on to www.bnrs.dti.gov.ph.
Validity: 5 years
Requirements:
- Accomplished Business Name Registration Form [Single Proprietorship/Partnership]
- Tax Identification Number (TIN)
- List of five business names ranked according to preference
- Registration fee of P 300.00
STEP 2
Mayor’s / Business Permit
Local Municipality where the business is located
Validity: 1 year
Requirements:
- Accomplished Business Permit Application Form
- DTI-Business Name Certificate
- Sketch of he business location
- Fire Safety Inspection Clearance
- Sanitary Permit (from City Health Officer)
- Barangay Clearance
- Lease Contract
- 2 pcs 2×2 colored ID picture
- Registration fee, the amount of which depends on the type of the business
STEP 3
Tax Identification Number (TIN)
Bureau of Internal Revenue (BIR) National Office
Agham Rd., Diliman, Quezon City
Trunkline: 981-7000; 981-8888
Email: contact_us@cctr.bir.gov.ph
Website: www.bir.gov.ph
STEP 4
Social Security System (SSS) Certificate
SSS Loans and Investment Office
SSS Building, East Avenue
Diliman, Quezon City
Tel: 920-6401; 920-6446
Email: member_relations@sss.gov.ph
Website: www.sss.gov.ph
Requirements:
- Accomplised R1 form
- DTI Business Permit
- Mayor’s Permit
STEP 5
Department of Labor and Employement (DOLE) Registration (with 5 or more employees)
DOLE-Labor Standard and Enforcement Division
2/F Dy International Bldg.
San Marcelino cor. Gen. Malvar St.
Malate, Manila
Hotline: 527-8000 Tel: 339-2013
Email: osec@dole.gov.ph
Website: www.dole.gov.ph
Requirements:
- Accomplished Rule 1020 form
- Lay-out business location
- Vicinity Map
For Partnership
STEP 6a
Securities and Exchange Commission (SEC) Certificate
SEC Building, EDSA, Grenhills
Mandaluyong City
Tel: 726-0931 to 39
Email: mis@sec.gov.ph
Website: www.sec.gov.ph
Onine registration: iregister.sec.gov.ph/MainServlet
Requirements:
- Verification Slip Form (re: proposed name)
- Accomplished Registration Data Sheet
- Articles of partnership
- Written Undertaking to Change Corporation Name
- If the contributed capital is in the form of property, additional requirement is needed:
- Deed of Assignment executed by the stockholder who is the owner
For Corporation
STEP 6b
SEC (see above address)
Requirements:
- Articles of Incorporation and Buy-laws
- Verification Slip Form (re: proposed name)
- Accomplished Registration Data Sheet
- Treasurer’s Affidavit
- Bank Certificate of Deposit
- Authority to verify bank accounts
- Written Undertaking to Change Corporation Name when necessary
- Subscribers Information Sheet
- If paid-up capital is a property, submit the following additional requirements:
- Statement of Assets and Liabilities
- Deed of Assignment executed by the stockholder who is the owner of the property in favor of the corporation. If the property contributed is a building or a parcel of land, the deed must be presented to the register of Deeds for registration.
- If the property being contributed is a parcel of land, submit detailed list of the parcel of land showing the OCT/TCT numbers, registered owner, lot and block number, area, location and encumbrances, if any
- Registration fee of P360.00
Pages: 1 2
2009 · All Rights Reversed ·
how can i register to dti junkshop with welding and vulcanizing shop
just want to ask. my client owned a building. one of its floor is submitted as a single ownership, without partitions, meaning owned by a single business and named after them. now we subdivide it and look for tenants. is it allowable or do we have to secure clearance and submit new subdivided plan before we let our tenants occupay the allocated area. or maybe its the tenants responsibility to submit their office plan reflecting the whole floor? thanks in advance.
How will I get the TIN for the company? the TIN needed when registering your business is the TIN of the business is that right?
@travel, check this link:
http://www.mixph.com/2006/08/starting-a-travel-agency.html
hi Eu-Leh im planning to start a travel agency, do you know a step by step procedure of how i could get this registered? The link “Starting a Travel Agency” doesnt work. Best Regards :)
Good Day. I am seriously bent on putting up a courier business. Any tips on how tyo go about it especially on the ins and outs of getting all the needed paperworks such as registering with what government agencies. Thanks
@praba, check BFAR website at http://www.bfar.gov.ph and http://www.dti.gov.ph
Hi People ! Is there any website where i can download BFAR – Commodity Clearance & DTI – Export Declaration on line ? Thanks . Email : kurt_yuki@yahoo.com
Hello! I would like to know the procedure on incorporating our single proprietorship business which will be passed on to us by our parents so that the business name will remain the same. thank you!
@lea, better call BFAD directly at: 842-5606, email: bfad@bfad.gov.ph, web: http://www.bfad.gov.ph
we would like to ask on the specific requirements for the application of bfad approval for our detergent powder. Please send list of requirements of bps.dti. thank you..
thanks for the info. i’ve got an idea on how to start up business with the estimated amount.
hi salvador, click here (BIR website for e-TIN inquiry), then enter your name and birthday and it will display your TIN afterwards. the BIR site is quite buzy always so you have to refresh your browser if you receive an error message. you can also call them at 929-7676, 927-2511 or email at contact_us@cctr.bir.gov.ph
Dear Sir/ Madam;
Greetings!!!
In connection with my long time voluntary resignation with my employeer at Goodwill Credit Corporation, I forgot my Tax Identification Number, may I please ask a favor to locate & please send to my email add.
Thank you very much;
Salvador E. Lorizo
Anonymous Says: 4/21/2006 05:21:00 AM
you have a very informative website… can you also post how to start a business in the Philippines like what are the requirements we need to get from the govt? thanks and God bless:)
Eu-Leh Says: 4/21/2006 12:29:00 PM
hi, you can click the link below and you will find a step by step procedures for all the requirements that the govt. will ask you.
http://www.bnrs.dti.gov.ph/bnrspub/filing.jsp#howapply
bluesky Says: 2/14/2007 06:55:00 AM
thanks
soapmaker Says: 5/21/2007 04:32:00 PM
According to the given Memorandum dated July 27 1992, Soap manufacturing is outside the jurisdiction of BFAD and not under cosmetics. I am planning to produce Organic Soap for commercial disitribution, What Government Beaureu should I go for the registration and permits for this given products.
Eu-Leh Says: 5/22/2007 08:20:00 AM
hi soapmaker, DTI is the authorized government agency that can answer your queries regarding permits and registration of any businesses.Their hotline is: (02) 751-3330 or email at btrcp@dti.gov.ph, the site is http://www.dti.gov.ph.
E Akino Says: 6/30/2007 12:08:00 PM
Gud day Kabayan, your site is very informative..Hope many OFW kabayans could visit to know more how/what to business to start.
More power.
Anonymous Says: 8/28/2007 12:08:00 PM
Thanks for the information! I’m blogging about business incorporation. Maybe you will find something useful for you.
peyriteyl Says: 9/04/2007 06:09:00 PM
Hi! is there any chance you know anything on how to start a travel agency? Your information would be very much appreciated. Please email me at peyriteyl@yahoo.com. thanks.
Eu-Leh Says: 9/04/2007 06:51:00 PM
Hi peyriteyl, here’s the link: Starting a Travel Agency
Regards.