Business Registration

and Licensing

Engr. Edwin O. Banquerigo

DTI NERBAC Davao
 National Economic Research and
Business Assistance Center (NERBAC)

Single Window for Investment Facilitation

• Express Licensing & Registration

• One Stop Exports Documentation Center
• Incentives Facilitation
• Investment Knowledge Management
 Partner Institutions
• Registration, Licensing, Accreditation
- DTI - CDA - MGB - PHIC
- HDMF - DOLE - BIR - PCAB
- DENR - SSS - LGU
• Registration & Incentives Facilitation
- DCIPC - BOI
• Export Documentation Processing
- BOC - BPI/PQS - BFAR
- FIDA - PCA - DENR
 Business Structure
• Legal restriction
• Liabilities assumed
• Type of business operation
• Earning distribution
• Capital needs
• Number of employees
• Tax advantages or disadvantages
• Length of business operation
 Form of Ownership
Ownership Advantages
-Easy to set up
-Fast decision making
Single
-Relatively easy to set up
Partnership -Check & balance maintained
-Sharing of risks and losses
-Maximum flexibility for growth -Individual stockholder may
Corporation -Limited liability
-Greater room for professio-
nalism in mngt
Disadvantages
-Demand owners’ personal
time
-Growth limited by owners
financial means
-Possible conflict w/ partners
-Decision by one binding to
the other
-Complicated setting up
have limited influence on
mngt
-Tendency to institutionalize a
bureaucracy
 Business Registration Process
Firm Name Business Mandatory Other Licenses
Registration Permit Registration and Permits *

NFA
DENR
SSS
SEC FPA
HDMF LTFRB
START DTI LGU DOT END
BIR BFAD
CDA DOLE
PHIC
BSP
BOI
* Depending on the type of business
 Registration Process
• SEC Corp/Partnership Registration
• DTI Business name Registration, single
• CDA Coop Registration
• LGU Business Permit
• BIR Certificate of Registration, TIN
• SSS Certificate of Registration
• PHIC Clearance/Registration
• HDMF Clearance/ Registration
 SEC Registration
• Articles of Incorporation and By-Laws
• Verification slip (re: corporate name)
• Registration Data Sheet
• Treasurer’s Affidavit
• Bank Certificate of Deposit
• Authority to verify bank account
• Subscriber Information Sheet
• Undertaking to change name
• Other clearances, if req’d.
 CDA Registration
• Articles of Cooperative
• By-Laws
• Economic Survey
• Bond of Account Officer
• Certificate of Pre Membership
• Undertaking to submit admin reqmts
• Undertaking to change name
• Registration Fee of P500 or 1/10% of
authorized capital w/c ever is higher
 Mayor or Business Permit

• Single Proprietorship
- DTI BN Certificate
- Community Tax Certificate
• Corp/Partnership
- SEC Registration
- Articles & By-Laws
• Other Requirements
- Barangay Clearance
- Cert. of Tax Exemption
 BIR Certificate of Registration
• Individual/Corporation
- Business Permit
- SEC or DTI Certificate
- Articles and By-Laws
- Sketch of Premises
- Lease Contract of Rented Space
• Addt'l for Single Proprietorship
- Birth Certificate
- Marriage Contract
- Birth Certificates of Dependents
• Registration Fee: P500.00
• Attendance to BIR Seminar
 Philhealth Clearance
• Corporation/Partnership
- SEC/CDA Certificate
- Articles and By-Laws
- Business Permit
• Single Proprietorship
- DTI BN Certificate
- Birth Certificate
- Marriage Contract
- Birth Certificates of Dependents

• Minimum initial remittance: P 600.00

 HDMF Registration
• Corporation/Partnership/Coop
- SEC/CDA/DTI Certificate
- Business Permit
- SSS Registrations
• For Self-Employed
- Valid ID with sig. & photo
- Commitment to remit
- SSS Registrations
• Attendance to seminar
SSS Certificate of Membership

• SEC/CDA Certificate (Corp, Partnership)

• Articles and By-Laws
• DTI BN Certificate (Single Prop.)
• Business Permit
• Attendance to Seminar
 DTI Registration & Licensing
• Business Name Registration
• Repair Shops Accreditation
• Fire Extinguisher Licensing
• Real Estate Broker Licensing
• Contractor’s Accreditation
• Private Emission Testing Center Accr.
• PS (Product Standards) Licensing
• Import Commodity Clearance
• Sales Promotion
 Business Name Registration
•Qualification

- For a natural person, must be 18 years old

- For a juridical person, must not be
disqualified by law to engage in business

A Juridical person already registered with SEC or

CDA and using only such corporate, partnership
or cooperative name may no longer registered
with DTI
 Business Name Registration
• Single Proprietorship
- 2 pcs 2x2 ID photo
- P300 + 15 Doc Stamp
- Proof of citizenship for natural born Filipinos
whose name are suggestive of alien
nationality (PRC ID, Birth Certificate ,etc)
- For naturalized Filipinos, Certificate or Oath of
Allegiance or ID issued by BID

• Corp/Partnership/CDA (Optional)
- SEC Registration and Articles & By-Laws

- P500 + 15 Doc Stamp

- Board Resolution if using adopted name
 Other Requirements
• Franchising
- Franchise Agreement
- BN Certificate of Franchise
• Bulk Sales (Sales/Transfer of Business)
- Deed of Sale, Assignment or Transfer
- Inventory of properties sold, assigned/transferred
- Affidavit of vendor stating that at the time of sale,
he had no creditors, or if there are any, copy of
notice to them regarding the sale;
- Original BN certificate of vendor;
- Fee of P55
BN Registration – Single Proprietorship
Fill-up BN Application Form and include
with a Preferred Name & 3 Alternative
Names

Pay application Fee of P300.00

Submit Application Form with 2Passport

ID photo, Doc Stamp, P15.00

For foreign sounding names, submit

proof of citizenship, PRC ID, Birth
Certificate

Fill-up Authorization Form,

Form in case
release is thru a representative

BN Release in 2-3 Days

BN Registration – Corp/Partnership/Coop
Fill-up BN Application Form. Must be signed
by a Board of Director or submit Board
Resolution authorizing other signatory

Pay application Fee of P500.00

Submit Application Form with SEC or CDA

Registration and Articles of Inc/Coop
and Doc Stamp (P15.00)

Submit Board Resolution for registration of

adopted name or branch

Fill-up Authorization Form,

Form in case release
will done thru a representative

BN Release in 2-3 Days

 What Cannot be Registered
• Those which are similar or confusingly similar to a
previously registered Business name taking into
consideration the following:
- nature of the business
- product/services handled
- location/place of business
- capitalization
- general appearance, spelling, sound and
meaning
- use of dominant/descriptive words
- other factors to be determined by the DTI Secretary
 What Cannot be Registered

• Those which are or whose nature of business

are illegal, immoral, scandalous, or inimical to
national security;

• Words use to designate quality of goods or

services;
 Words which cannot be Registered
• The words company, limited, associates,
inc., group cannot be be used for single
proprietorships;
• The words Philippine, nation, state,
barangay, among others are for exclusive
use of the government
• The names or its abbreviations of any nation
or any inter-governmental, int’l org’ns unless
duly authorized, i.e. UN
What Cannot be Registered. . .

• The words PC, Philippine Constabulary,

Police, Law Enforcement and Intelligence
cannot be used by Security and
Investigation agencies;
• The word International except those
engaged in export/import;
• The word Bargain, Discount
• The word industry except if engaged in
manufacturing processing or farming;
• The full name of another person except if
part of a bulk sales transaction;
 BN Applications Requiring Licenses
From other Agencies

• Business engaged in sale or rental of video

tapes. . . Video Regulatory Board
- Video, Beta and other similar words should be
included of the BN;

• Pawnshops. . . Central Bank

- minimum capitalization of P100,000;

• Overseas Recruitment Agencies… POEA.

- minimum capitalization of P1M
BN Applications Requiring… cont.

• Hotel, motel, inn, resort, tour agency or

allied business ... DOT

• Food, drugs, cosmetics processing …BFAD

• Fertilizer, pesticides processing… FPA

• Customs brokers and insurance agents…

Insurance Commission license

• Practice of profession. . . PRC License

BN Applications Requiring… cont.

• Firearms, ammo manufacture or sale … DND

• Auto, aircon, electrical & equipment Service

and Repair shops … DTI

• Fire extinguisher mftr & refillers … DTI.

 Key to Success
A -1 F - 6 K - 11 P - 16 U - 21 Z - 26
B -2 G - 7 L - 12 Q - 17 V - 22
C -3 H - 8 N - 14 R - 18 W - 23
D -4 I - 9 M - 13 S - 19 X - 24
E -5 J - 10 O - 15 T - 20 Y - 25

H A R D W O R K
8 +1 +18 + 4 + 23 +15 +18 +11 = 98
K N O W L E D G E
11 +14 +15 + 23 +12 +5 +4 +7 +3 = 99
A T T I T U D E
1 +20 +20 +9 +20 +21 + 4 + 5 = 100%
Thank you
 Note:

Succeeding slides are for

reference materials only but can
be presented if time permits
ON-LINE BUSINESS NAME
REGISTRATION
 STEP 1

Go to the website

http://www.bnrs.dti.gov.ph
 STEP 2

Look for the icon “Apply New

Applications” and Click
 STEP 3

Look for the icon “Start Applying

for a Business Name” and click
 STEP 4

Read the “BNRS Terms and

Conditions”
 STEP 5

If agreeable to the terms and

conditions, click the icon
“I Agree”
 STEP 6
Write your proposed business
name/s in the following boxes:
“First Priority, Second Priority,
Third Priority”
and click
”Check Business Names.”
 STEP 7

Click “Register this Business

Name”
 STEP 8

Your proposed business name will

be displayed and to continue,
click “Next”
 STEP 9

Fill up the form on page 1 of

the application particularly
those with an * sign. The
asterisk means “it is a
required information” and then
click “Next.”
 STEP 10

You are now on Page 2 of the

application, check appropriate
box on “Business Activity”
and click “Next”
 STEP 11

You are now on Page 3 of the

application, check appropriate
box on “Products and Services”
and click “Next”
 STEP 12

You are now on Page 4 of the

application, check most applicable
box on “Philippine Standard
Industrial Classification” and click
“Next”
 STEP 13

You are now on the Last Page of

the application, click “Preview” if
data entry is correct and then
click “Next”
 STEP 14
You have now completed the whole application
process, please take note of your
“TRN – Transaction Reference Number”.
Click “Print” and then sign the TRN Acknowledgement
Receipt and go to the nearest DTI Office and submit
the TRN and other required documents such as:
– Two (2) pcs of 2x2 colored picture
– P15 doc stamps; and
– P300 registration fee for single proprietorship
and P500 for corporation.
Thank you
Please do not include in the handouts.

Resume

ENGR. EDWIN ORCULLO BANQUERIGO

Position: Chief Trade and Industry Development Specialist

Department of Trade and Industry - XI

Designation: Deputy Center Manager

National Economic Research and Business
Assistance Center (NERBAC)

Educational Qualifications:

BS Agricultural Engineering,
Mindanao State University, Marawi City

Masters in Business Administration

Ateneo De Davao University