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How to Register a Partnership in SEC:

Schedule of Availability of Service


Mondays to Fridays, 8:00am-5:00pm without noon break
Who may avail of the Service?
All applicant partnerships thru their representatives
What are the BASIC requirements?
1. Cover Sheet
2. Reservation Payment Confirmation
3. Articles of Partnership (AP)
4. Joint Undertaking to Change Name
What are the documentary requirements?
View Documentary Requirements

DOCUMENTARY REQUIREMENTS for PARTNERSHIP


Basic Requirements
1. Name Verification Slip
2. Articles of Partnership (AP); and
3. Joint affidavit of two partners to change partnership name. (not required if already stated in
AP)

Additional requirements
1. Endorsement/clearance from other government agencies, if applicable
2. For partnership with foreign national as partner
a) FIA Form - 105
Note: For limited partnership, the word “Limited” or “Ltd” should form part of the partnership name.

What business activity requires clearances from other SEC departments and endorsements from
other government agencies?
View clearances from other SEC departments and endorsements from other government agencies

How to Avail of the Service?


STEP
SERVICE
DURATIO APPLICANT/CLIENT GUIDELINES FEES
PROVIDER
N
1 Verify or reserve proposed If proposed name P100.00
10 mins. name is allowed by the /reservation for
system, the 30 days;
reservation and
confirmation notice
is printed and
given to the
applicant;
2 Present Articles of Check the Requirements of Filing fee: 1/5 of
10-15 Incorporation and By-Laws at document the Civil Code of 1% of the
mins. Green Lane Unit Ground presented. If the Philippines Partnership`s
Floor, Secretariat Bldg., PICC complete, advise and other capital but not
Complex, Roxas Boulevard the registrant to existing laws less than
Pasay City pay the filing fee. If P2,000.00 plus
not, advise M.C. No. 21 s. of 1% of the
applicant to 2013 on amount as legal
comply with Omnibus research fee
requirements Guidelines and
Procedures on
the use of
Corporate and
Partnership
names

M.C. No, 8 s. of
2013 on Filipino-
foreign
ownership on
nationalized and
partly
nationalized
activities

M.C. No. 3 s of
2006 on principal
office and SEC

MC No. 6 s. of
2014 on
amendment of
the principal
office address
E.O. 98 dated
April 28, 1999 on
Tax Identification
Number (TIN)
MC No. 1 s. of
2013 on
mandatory TIN
of foreign
investors
3 Pay filing fee at the Cashier After receipt of the None
1 min located at the Ground Floor, application, CPRD
Secretariat Bldg., PICC staff generates the
Complex, Roxas Boulevard Certificate of
Pasay City and file Recording of the
application with the Receiving Articles of
Unit, CRMD located at the Partnership
Ground Floor, Secretariat bearing applicant`s
Bldg., PICC Complex, Roxas SEC registration
Boulevard Pasay City no. and Unified
Registration
Report (URR)
4 Present Official Receipt to The Asst. Director None
5 mins. Releasing Unit, Ground Floor, reviews the
Secretariat Bldg., PICC application and
Complex, Roxas Boulevard forward it for
Pasay City to get the approval of the
Certificate of Recording of the CRMD Director.
Articles of Partnership

List of requirements
Name Verification Slip (Can be obtained on SEC’s website)
Articles of Partnership
Joint Affidavit (Not required if already stated in Articles of Partnership)
Registration of data-sheet
Certificate of Bank Deposit
Name of the partnership
Principal office address
The contact number of the partner
Name, citizenship, address, birthday and Taxpayer Identification Number (TIN) of the partners
Capital contribution of the partners
Purpose of the partnership
Endorsement of Clearance (From other government agencies)
FIA Form 105 (If you have a foreigner partner)

Steps to register a partnership business in the Philippines


1. Register your business in the Securities and Exchange Commission (SEC)
The first thing you need to do is register your business in the SEC. They are responsible for
regulating partnerships and corporations in the Philippines. Here, you’ll need to submit the
following:

Name Verification Slip


Articles of Partnership
Joint Affidavit (Not required if already stated in Articles of Partnership)
Optional:

Endorsement of Clearance (From other government agencies)


FIA Form 105 (If you have a foreigner partner)

2. Get a Barangay Clearance


This is required as you will be setting up a business in the barangay’s area. Thus, your business
should conform to the standards of the barangay. Fees and other requirements might be
needed depending on your barangay.

3. Register your business and employees in Social Security System (SSS)


Registering your employees (whether temporary or permanent) in the SSS is mandated by law.
This ensures that you are lawfully remitting your employee’s monthly contributions so they can
reap the rewards later. You will need the following:
SS Forms R-1 and R-1A
Photocopy of Articles of Partnership
Business location sketch or map
Validated Miscellaneous Payment Return also known as SS Form R-6 or SS Form R-6 with
Special Bank Receipt (proof of payment for the Employer Registration Plate)

4. Obtain a Business Permit or Mayor’s Permit


After obtaining the certificate of registration from SEC, you can now apply for a Business Permit
or Mayor’s Permit. This is required since your business location is under the LGU’s area of
governance. Just like in barangay, your business should conform to the LGU’s standards.

Here’s our in-depth guide on how to get a business or mayor’s permit in the Philippines.

5. Register your business in BIR


Now that you have a mayor’s permit, you can now register your business in BIR. Registering
with the Bureau of Internal Revenue will give you permission to issue official receipts, register
books of accounts, and (for partnerships and corporations) to obtain a separate Tax
Identification Number.

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