Business Registration Process

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Business Registration Process

Other Licenses
Firm Name Business Mandatory and Permits *
Registration Permit Registration
NFA
DENR
SSS
SEC FPA
HDMF LTFRB
START DTI LGU DOT END
BIR BFAD
CDA DOLE
PHIC
BSP
BOI
Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Business Registration
and Licensing

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
What Cannot Be Registered
• Philippines, Nation, State, Metro Manila, among others
• The names or abbreviations of names, of any nation or of
any inter-governmental organization (ex. UNESCO,
CALABARZON
• Police, Philippine Constabulary, Law Enforcer
• The word intelligence for security agency
• The word international except when the applicant is
engaged in business with overseas concern
• The word bargain , discount , or similar words is
violative of the Price Tag Law

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Business which requires other licenses
/coordination with other agencies
• Sales and/or rentals of video tapes and cd
• Pawnshop/Lending Investor/Financing
• Manpower/employment services
• Operation of hotel, motel, tour operator /guide/agency
• Processing/manufacturing of food, drugs, cosmetics and
the like
• Acts constituting practice of medicine
• Processing/manufacturing of fertilizers, pesticides and
other similar products
• Manufacture of firearms, ammunitions or warfare
materials

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Guidelines in determining whether a
proposed BN is similar or confusingly
similar to an existing business name:

• Geographic names could not be appropriated to one


person. However, there are names when registered with
some government agencies like Intellectual Property
Office, the registrant has the sole right in the use of such
name.

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
TYPES OF BUSINESS OWNERSHIP
SINGLE PROPRIETORSHIP ( ONE PARTY )
- also called “sole” proprietorship
- most basic form of business
- easy to set up
- defined as a business unit where the owner is also the
manager and employee
PARTNERSHIP ( TWO PARTIES )
- two or more persons associated as principal or contributors of capital
in a business or joint venture
- dependent on interpersonal relationships
- powers and liabilities are defined in the Articles of Partnership
CORPORATION
- association of individuals, registered and recognized by law
- powers and liabilities are independent of those of its member
- can solicit funds from investors / sell shares

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Registering with the ...
COOPERATIVE DEVELOPMENT AUTHORITY ( CDA )
All Cooperatives are required to register with the CDA as per Republic Act
6938/6939
REQUIREMENTS
• Four (4) copies of the Articles of Incorporation
• Four (4) copies of the By-Laws
• Four (4) copies of the Economic Survey (Feasibility Studies)
• Bond of Accountable Officers (Fidelity/Cash/Surety )
• Capitalization (not lower than P2000) depending on the activities registered )
• Minimum of 15 members

• Where to go ?
Cooperative Development Authority
Benlor Building, 1184 Quezon Avenue
Quezon City, MM Tel. No. 373-6896

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Registration Policies
•Validity
-The certificate of business name registration shall be valid for five ( 5 ) years
from the original date of registration unless sooner cancelled or revoked
- It shall be valid only at the business address indicated thereon.

Non-Transferability
-No certificate shall be transferred conveyed or assigned to other individual or
juridical
• Cancellation
- Automatic Cancellation - Expired BNs not renewed within three ( 3 ) months
from its expiration, shall be cancelled from the registry
- Authorized Cancellation – may be done by the registrant who ceases to carry
on business prior to its expiry date, subject to surrender of the BN
certificate

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
3 Modes of Registering a BN
1. Purely over-the-counter –
- at any DTI Field Office
2. Online all the way
3. Hybrid
i) file application online + pay over-the-
counter, or
ii) file & pay online + get certificate in
any DTI FO

- D. A.O No. 10-0 , Series of 2010


Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Contents of the Application
Form
1. 3 Proposed BNs in the order of preference;
2.Applicant’s full name;
3.Complete residential address of the applicant;
4.Citizenship of the Applicant;
5.Date of birth of the applicant;
6.TIN of the applicant;
7.Business location, (Barangay, city/municipality,
and/or region where the business is located,
except when registration is national in scope;) &
8. Undertaking.

- D. A.O No. 10-0 , Series of 2010

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Four-Tiered
Registration
Based on geographic boundary:

 Barangay
 City/Municipality
 Regional
 National
- D. A.O No. 10-0 , Series of 2010
Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Four-Tiered Registration
- Barangay -

BN: ABC Café


Business Location: Brgy. Belair, Makati City
Outlet/s:
1) G/F DTI Bldg., 361 Puyat Ave., Makati
2) 11/F Trafalgar Plaza, 105 H. V. dela Costa
St.,Salcedo Village, Makati
3) Nicanor Garcia cor. Jupiter Sts., Makati

Registration Fee: PhP200.00


Validity of Registration: 5 years

- D. A.O No. 10-0 , Series of 2010

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
N

Barangay Only
Registration

R1

C1
C2

B1 B2 B3 B6
B4 B5
Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Four-Tiered Registration
-City/Municipality -

BN: Dhess Bakeshop


Business Location: Makati City
Outlet/s: Anywhere within
Makati City
Registration Fee: PhP500.00
Validity of Registration: 5 years

- D. A.O No. 10-0 , Series of 2010


Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
N

City/Municipality
Only Registration

R1

C1
C2

B1 B2 B3 B6
B4 B5
Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Four-Tiered Registration
-Regional -
BN: Gerry’s Dimsum House
Business Location: Nat’l Capital Region
Outlet/s: Anywhere within the NCR

Registration Fee: PhP1,000.00


Validity of Registration: 5 years

- D. A.O No. 10-0 , Series of 2010


Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
N

Region Only
Registration R1

C1
C2

B1 B2 B3 B6
B4 B5
Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Four-Tiered Registration
- National -
BN: Tinna’s Saloon
Business Location: National
Outlet/s: anywhere in the
Philippines

Registration Fee: PhP2,000.00


Validity of Registration: 5 years

- D. A.O No. 10-0 , Series of 2010


Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
N

National
Registration R1

C1
C2

B1 B2 B3 B6
B4 B5
Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development
Ladderized Registration
Fee
• Barangay - PhP 200.00
• City/Municipality - PhP 500.00
• Regional - PhP 1,000.00
• National - PhP 2,000.00

- D. A.O No. 10-0 , Series of 2010

Registered Center of Excellence by the ASEAN Economic Ministers, Ministry of Economy Trade and Industry, Japan
Economic and Industrial Cooperation Committee (AMEICC) Working Group on Human Resource Development

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