Steps to Register Your Business
March 18, 2006 by Leo 63,399 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 ·
Hi Guys,
Ask ko lang po paano mag register ng business.
It’s a home made product. Thank you.
hello. i have my home made candies business. where can i inquire or ask for a packaging (BOx) to make it more presentable… tnx!
@berma, maraming packaging materials na mura sa divisoria at baclaran.
Good Day, What if our company abroad wants to put a represenative office here in the Philippines. Actually I’m connected to Architectural firm at Papua New Guinea and my boss wants to put a representative office here in the Philippines I’m just inquiring how is the procedure in putting an office here and this company is a sole proprietor and I went already to SEC and I’m not sure if that is the right agency to go to because the company is a sole proprietor. Also I want to inquire about the taxation of the business because the company will not make any income here in the Philippines and the projects will come from abroad.
Is it ok that the company be register to a foreigner as the owner without a local partner? If does need a local partner what will be the percentage of ownership (ex. 60% Pilipino – 40% foreigner)
good day po mam/sir,
gusto ko po sna mgtayo ng maliit lng na business tuld ng Ink Refilling..hindi ko po alam maam kng anong hakbang ang uunahinko po..nais ko po sana malaman pra dederetso po ung lakad ko kasi may work po ako,,thanks
Magandang umaga po sa inyong lahat? Nais ko pong magtayo ng business kaso po hindi ko alam kung ano ang maganda na medyo maliit ang puhunan at isa pa po wala pa akong sariling pwesto, ano po kaya ang maganda umpisahan kong negosyo.
Ako po ay nasa ibang bansa at ang kapital na pwd ko lng po umpisahan ay nasa 250kphp.
Maraming salamat po sa inyong magiging mga payo.
Grace
OFW
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@grace, ang isa sa pinaka mainam i negosyo na pwedeng gawin sa bahay ay pagkain. marami kang makukuhang idea dito:
http://www.mixph.com/foodbiz
good day! and banko sentral po ba nag coconduct ng training para sa mga gusto mag tayo ng pawnshop? i mean training for appraisals, running pawnshops, etc??
thanks
@ana margarita bayabo, no. you can get the training from this list of training centers here:
http://www.mixph.com/2006/03/trainings-and-seminars-institutions.html
I want to start uling business sana.Where can i apply or what are the requirements?Thank you for the reply and God Bless.
hi, pwede po kyo mag register muna sa dti depende po kung saan area kyo kse po per area ang dti kung saan ang location ninyo, tapos po pwede na kayo mag register sa municipyo ninyo ng permits at sa BIR na sakop din ng location ng business ninyo. pwede nyo po ako email sa mzdevenecia@gmail.com para po ma assist ko kyo sa mga iba pa ninyo tanong. goodluck po and god bless!
hi francis, please email me sa mzdevenecia@gmail.com pwede kita i assist para maging mas madali syo ang registration mo. thanks.
opo pwede kyo mag register kahit wala kyo dito magpapadala lang kyo ng letter of authorization sa tao na uutusan ninyo para mag register, email niyo po ako sa mzdevenecia@gmail.com para po ma assist ko kyo kung paano ninyo po magagwa ang registration kahit wala po kyo dito sa atin. goodluck po and god bless!
What if I want to register my online business? I have a website that is running online, it earns income monthly, how will I register that? I have no physical address or main office, because it is the same with my home address. I have no employees, I run it myself.
Please help
contact me at rjf.biz@gmail.com
@ryan, i think its better to ask directly from DTI, they are in the best position to give you the proper advice regarding your concerns.
ma’am how to register at the Client Management Console? Where can i find it?
thank you!
@cherry, is this the one?
http://www.bnrs.dti.gov.ph/web/guest/search
I want to put up a small CHB factory, do I need to travel to Manila or Quezon city for this paperworks? Please advice. More power to Pinoy Entrepreneurship!!
pls email me if ur interested in water business im here in cdo very near from you email me at earlmontealto@yahoo.com
if ur here in mindanao and your interested in water business pls call me at 09068477507 tnx
Hello again,
I am currently out of the country but i want to register a small business (internet shop), is it possible to do that? Maraming salamat po!
hai good day to all..
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Im only 21 yr old, freshgraduate on Capitol university of Bachelor of science in commerce major in customs management(batch2008-2009)I am proud to be A capitolian.
typoos… dude…
good day, ask lng what category are we belong? we are an association of 19members, all are purok leaders/lupong tagapamayapa in one of the barangays in davao del norte . we form this association so that we can avail the livelihood program that our provincial government has to offer!!! yet one of the requirements to avail such program is to have a sec registration! pls help….thank you more power and God Bless us all!
Hi romeo,
We can assist you in SEC registration. Our office is just beside SEC bldg. Please call us at 986-9761 or 09299773766. We also provide accounting and taxation services.