How To Register Business Name In The Philippines
Choose your business structure.
How to register business name in the philippines. Sole proprietorship the department of trade and industry dti corporation partnership securities and exchange commission. 2 register a business name. The total fee for name registration varies between php 40 php 120. Choose a business name. The very first step to register a business in the philippines would be to apply for a business name at the department of trade and industry dti.
After that you ll be given an option to pay it online using gcash or pay at the dti office teller. Yes in the philippines anyone who is at least 18 years of age can apply for a business name. If you re a sole proprietor self employed individual this guide is not for you. The applicant should be at least eighteen years old. Cooperative cooperative development authority.
Get a business license clearance and permit to prove that your business is a community friendly establishment that adheres to the standards and ordinances of the local government unit concerned. Anyone who plans or proposes to do business in the philippines should follow the business name law. Register your business in the bureau of internal revenue bir go to the regional district office rdo where your business is located where you will be asked to fill out a bir form depending on the nature of your business sole proprietorship partnership or corporation. Sometimes they would require a certificate from the philippine national police or from the national bureau of investigation in the area where you want to start a business in philippines. Through the business name registration system bnrs of the philippine business registry it is now possible to register your business name online.
This website is made available for the convenience of the public conducting business in the philippines. This process may take up to three weeks. We suggest you think of at least three business names in case your first preference cannot be registered. Next submit the completed registration form together with the following. In the philippines the business name law is also known as act number 3883 as amended by act number 41476 and republic act number 863.
Dti for self employed individuals. Go to our dti registration guide instead. As an overview what you are going to do is to fill up the form online. Register your business at the barangay or municipality where you are planning to operate. Sec business name registration is a mandatory requirement for entrepreneurs who will start a corporation or partnership business.