DTI Business Registration Process in the Philippines

DTI Business Registration Process in the Philippines

April 11, 2018 |

Registering your business’ name with the Department of Trade and Industry is the very first step to becoming the sole proprietor of your business, which gives you the sole right over the usage of your business name.

 

There are several options available when registering your business with DTI. You can visit the DTI regional or provincial office, the nearest Negosyo Center, or applying online via the Business Name Registration System. If you want to apply through walk-in, you can prepare by downloading the required business name registration forms here, which you can print and accomplish prior to your visit.

 

Other government agencies

 

In addition to the DTI, there are other government agencies you need to register with depending on the type of business you want to start. To make it easier to transact with other agencies, the Philippine Business Registry (PBR) serves as a one-stop shop for business registration.

 

Agencies you can transact with through PBR include:

 

• Department of Trade and Industry (DTI)
• Securities and Exchange Commission (SEC)
• Cooperative Development Authority (CDA)
• Local Government
• Bureau of Internal Revenue (BIR)
• Social Security System (SSS)
• Department of Labor and Employment (DOLE)

 

For more information, visit PBR’s website here.

 

Eligibility

 

Any person who is at least 18 years old and not disqualified or restricted by any existing law to engage in business in the Philippines may apply for business name registration.

 

If filing through a representative, the person must present a valid government-issued ID and the required documents for the transaction.

 

Requirements

 

• Two copies of the accomplished application form signed by the owner. (Note: Only the owner is authorized to sign the form)
• Original copy of a national issued identification document or ID with photo and signature.
• Registration fee payment plus documentary stamp tax.
• For foreign applicants, an original and a clear certified copy of the Certificate of Authority to engage in business will be required.

 

Acceptable valid IDs

 

Original valid IDs that are accepted include:

 

• Integrated Bar of the Philippines (IBP)
  • Senior Citizen Card
  • Person With Disability Card
• Passport
  • Driver’s License
  • Professional Regulation Commission (PRC) ID
  • National Bureau of Investigation Clearance
  • Police Clearance
  • Postal ID
  • Voter’s ID
  • Government System Insurance System (GSIS) Unified Multi-purpose ID
  • Social Security System (SSS) ID
  • Tax Identification Number (TIN) ID
  • Overseas Workers Welfare Administration (OWWA) ID
  • Seaman’s Book
  • Government Office and GOCC ID:

– Armed Forces of the Philippines (AFP ID)
– Home Development Mutual Fund (HDMF ID)
– Philpost ID
– Philhealth ID

 

When to renew your registration

 

Business owners may apply for renewal three months before the expiration date or within three months after their registration has expired. If the application for renewal is filed within the last three months of expiration, a surcharge of 50% will be imposed.

 

Failure to file your renewal application beyond three months from the expiration date will be deemed “not filed,” resulting in the immediate cancellation of the Certificate of Business Name Registration from the records. Business owners with a cancelled certificate will need to apply for new registration.

 

Start your business in the Philippines with FilePino

 

Contact us today at +1 806 553 6552 (USA) or +63 917 892 2337 (PH), or send us a message here to learn more about business opportunities in the Philippines.