Steps in Becoming a Lazada Seller

#1. Register
 a) Fill out the Lazada registration form.
b) Upload the following documents: BIR 2303/COR, Mayor’s permit, DTI business
permit/SEC business registration certificate

c) Read and accept the seller agreement

d) Fill out your bank details

#2. Complete the On-boarding Training

a) Complete the online training and survey
b) Verify your seller center account

#3. Post Your Items and Start Selling!

a) Upload your items on your seller center account
b) Confirm your orders
c) Real time chat support in seller center

I. Scope of Services

For purposes of executing this engagement, we propose to render the following services:

A. Registration with the Securities and Exchange Commission (SEC)

1. Study and review of applicable laws and SEC issuances relative to the registration of the new
Corporation;

2. Provide a list of documentary requirements including samples and templates for your guidance
and execution;

3. Review and evaluate all legal and documentary requirements prior to submission with the SEC;

4. Assist in the preparation and filing of the necessary documentary requirements with the SEC
for the registration of the new Corporation;

5. Represent, follow-up and liaise with the Company Registration and Monitoring Department
(CRMD) of SEC in connection with the approval of the application for registration;

6. Regularly update you on the status of the application for registration; and

7. Secure the SEC Certificate of Incorporation.

 B. Registration with Other Government Agencies

1. Register the new Corporation with the following government agencies:

a. Local Government Unit

- to obtain the necessary Mayor’s permit and other business licenses.

b. Bureau of Internal Revenue (BIR)

- to obtain Corporate Taxpayer’s Tax Identification Number (TIN) and registration of Books
of Accounts; and
- to secure Certificate of Registration (COR).

c. Social Security System (SSS Employer Registration)

- for compliance with the Philippine Social Security Laws, which require all employers and
their employees to be registered and to pay the required contributions.
d. Home Development Mutual Fund or PAG-IBIG Fund (HDMF Employer Registration)
- a provident savings system for the housing needs of employees. Contributions to the
Fund are required from both employers and employees.

e. Philippine Health Insurance Corporation (PhilHealth Employer Registration)

- for the health benefits of its employees, contributions are required from both employers
and employees.

2. Represent the new Corporation in various meetings with the officials of the above- mentioned
government agencies; and

3. Secure the necessary registration certificates from the above-mentioned agencies.

C. Timetable

Below is the estimated timeframe upon which we will be able to accomplish our proposed services:

Registration (Incorporation) with the Two (2) to three (3) months from the
SEC submission of all documents to the SEC

LGU and BIR – Three (3) to four (4)

weeks from the submission of all
required documents and initial payment
Registration with other Government of the applicable tax and registration
agencies fees

SSS, Philhealth and Pag-IBIG – Two (2)

to three (3) weeks from the submission
of all required documents
*Subject to the rules under the prevailing Community Quarantine
The approval of the Application for incorporation of the new Corporation will depend solely on its
merits.

We would like to emphasize that although the application for registration is generally within the period
indicated above, in actual practice, it may take a longer period since the approval of the application will
depend on the evaluation and processing of the government agencies concerned. Rest assured, however,
we will exert our best efforts to secure the approval of these applications as soon as possible.

The timetable will also be subject to adjustments depending on the delivery and/or transmittal of
information or other data which may be required from your end in connection with the work.
Choose and register a business name.

Registration of proposed business names are done in different

departments of states in the Philippines and it is based on the
type of business you want to register:

 For Sole Proprietorship you would have to visit the

Department of Trade and Industry (DTI)
 For Corporation or Partnership company, you would have to
visit the Securities and Exchange Commission
 For Cooperative business, you would have to visit the
Cooperative Development Authority
 Legal documents You Need to Run a Business in
Philippines
 SEC registration - for registering as a partnership or
corporation
 DTI registration - for registering your business trade name
(BTR)
 Mayor’s business permit – secure the license to operate in
the city or municipality and payment of your local business
taxes.
 BIR registration – Tax Identification Number (TIN for
business), official receipts and invoices, register your books
of accounts, and pay your national internal revenue taxes
(Income tax, VAT or Percentage Tax, Withholding Taxes,
etc.).
 SSS, PhilHealth, and Pag-Ibig Fund registration - register
yourself or the company as an employer and remit your
employees’ contribution together with your employer’s share.
 Usually, the BIR and the City/Municipality Office require the
certificates of registration with the SEC or DTI efore a
 business can be registered with them. Thus, you need to
register through those offices to start commencing your
business.

3. Choose an office address.

Registration of proposed business names are done in different

departments of states in the Philippines and it is based on the
type of business you want to register.

4. Open a bank account and pay the minimum deposit.

Part of the requirements of registering a new business in the

Philippines is that the business owner must open a bank account
and deposit a minimum amount of PHP 5,000 ($100) together
with additional requirements such as articles of incorporation and
identification documents.

5. Apply and Secure the Needed Clearance and Business Permits.

As a new business entity in the Philippines you are expected to

secure all permits, licenses, tax requirements and clearances
needed to start your business operations. You can also check
with the local region where your business is located to know
additional requirements needed aside from what was mentioned
above.

If you have been able to successfully complete all the

requirements needed you can now open your doors and start
welcoming customers to your business.