START-UP OPERATIONS

AND
GETTING STARTED IN THE BUSINESS
 REGISTERING BEFORE START UP
(COMPLYING GOVERNMENT PERMITS
AND REGULATIONS)
 LEGAL
REQUIREMENTS
a. Registration of the business name with the Department of Trade
and Industry, in case of single or sole proprietorship.

b. Registration of the Articles of Incorporation and By-laws with

the Securities and Exchange Commission. In the case of
partnerships or corporations.

c. Application of necessary permit at the level of specific location.

 LEGAL
REQUIREMENTS
d. Filing/Application of Municipal or City permits where the base
of operation of the business (e.g Mayor’s Permit, Sanitary Permit,
Building Permit)

e. Compliance with certain specific permits or clearances to

specific agencies

f. Registration with the Bureau of Internal Revenue (BIR) for the

Tax Identification Number (TIN) and other requirements under
internal revenue laws and rules
 LEGAL
REQUIREMENTS
g. Printing of receipts/invoices of the company

h. Registration of the business organization with the Social

Security System (SSS), Philippine Health Care Corporation Home
Mutual Development Fund, Inc. (PAG-IBIG Fund), and other
government agencies.
AGENCY FUNCTION

Department of Trade
Regulation of trade names business name registration
and Industry (DTI)

Security and Verification/Reservation of Corporate NameRegistration of

Exchange Incorporation of Documents: a. Articles of Incorporation b.
Commission (SEC) Constitution and By-laws

Bureau of Internal Receipts printing permitCollection of

Revenue (BIR) TaxesRegulation/Examination Business Records/Books

Social Security Administration of Social Security for private sector, employees

System (SSS) and self-employed individuals
Board of Investment Registration of Business under the Omnibus Investment Code (the
(BOI) business organization must first register either with DTI or SEC)

Intellectual Property Regulation of Trade Names Registration of Invention Trademarks, Trade

Office (IPO) Names, Patents

Department of Labor
and Employment Implementation of Labor Laws
(DOLE)

Department of
Environment and Implementation of forestry and environmental laws (e.g., environment
Natural Resources clearance permits, concessions)
(DENR)
CHOICE OF BUSINESS NAME (GENERAL
POLICY)

• should not be similar with an already existing business

name

• should not be misleading

• should not have legal complications with registered

business names

• should not invite trouble or collision with multinational

organizations
 MONEY SAVING OPTIONS AT START-UP

a. Organize or register a small business group at minimum

capital requirement required by law

b. Initially, use your home as an office or explore sharing an

office or shop space with another company

c. Do your own choirs

d. Buy secondhand
 MONEY SAVING OPTIONS AT START-UP

e. Use- part-time specialists or skilled workers

f. Explore the concept of subcontracting

g. If possible, make use of family labor and other resources

within your household
 MONEY SAVING OPTIONS AT START-UP

h. Make us of free public relations instead of paid advertising.

i. Push your customer hard for prompt payment

j. Take advantage of Technology

 END
-Van Christian Torralba