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    Business Name Registration

    HYPERTEK
    HYPERTEK
    Site Owner
    Site Owner


    Location : Banga Town
    Posts : 3948

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    Business Name Registration Empty Business Name Registration

    Post by HYPERTEK Tue Feb 01, 2011 4:11 pm

    Business registration - how to register a business
    name? This question was asked by a friend, something which I find a bit
    surprising because this information, as well as other information on
    registration, are now readily available on the internet. Pres. Arroyo
    issued Memorandum Circular No. 35 way back in 2003, directing all
    departments, bureaus, offices and instrumentalities of the government,
    including government-owned and controlled corporations, to implement the
    publication of service guides and the posting of workflow charts.
    On
    the part of the Department of Trade and Industry (DTI), it published a
    handbook to guide would-be entrepreneurs on the process flow of starting
    a small business, the risks and rewards of going into business, and
    tips on writing a business plan. The handbook also provides the likely
    requirements in registering with the various government institutions.
    Among the matters discussed in the handbook is business name
    registration.

    As stated in the Handbook, by registering your
    business name, you are assured that no other entity may legally use your
    business name anywhere in the Philippines. Here are the steps
    (shortened):
    {mosgoogle}1.
    Obtain application forms (duplicate copy), preferred name slip and
    index card from the Information Desk and fill these up completely. Only
    the owner of the business is allowed to sign all the forms.
    2. Meet the following requirements (For Sole Proprietorship):
    * Must be a Filipino citizen, at least 18 years old.
    * Must provide two recent passport-size pictures.
    * Certain types of business may have other requirements.
    3. Proceed to the designated window for evaluation.
    4. Pay required fees at the cashier (registration and processing fee).
    5.
    Get priority number then proceed to the waiting area. Business Name
    Certificates are released within 10-15 minutes after approval.
    This
    is done at the DTI - NCR office (Ground Floor, DTI Main Building, 361
    Sen, Gil Puyat Avenue, Makati City) or at designated satellite
    registration centers in selected cities in Metro Manila. You can read
    more about the Business Name Registration System ([You must be registered and logged in to see this link.]) or download the full text of the HANDBOOK through the DTI site ([You must be registered and logged in to see this link.]).

      Current date/time is Wed Nov 13, 2024 2:27 pm