BUSINESS

ORGANIZATION
S
Types of Businesses
Sole Proprietorship
Partnership
Corporation

Cooperative
SOLE PROPRIETORSHIP

a type of business
formally registered with
the DTI and solely
owned by one natural
person
 PARTNERSHI
P
a business organization in which
two or more individuals manage
and operate the business; both
owners are equally and
personally liable for the debts
from the business
 CORPORATION
a type of business which is
formally registered as a public
owned company or private
company or publicly –listed
company; it is recognized asa
separate entity from its owners
 COOPERATIVE
people-centered enterprises
owned, controlled and run by
and for their members to
realize their common
economic, social, and
cultural needs and
aspirations
 Registration of
Business DTI
Department of Trade and
Industry SEC
Securities and Exchange
Commission CDA
Cooperative Development Authority
 DTI
• Registration
Application can be done
either manually or online
• Payment is done with the DTI
Office
•Requirements - Business Name, Duly-
filled Application Form, One valid ID,
Payment of Fees
 SEC
• Registration
Reservation of Partnership/ Corporate
Name, AOP/AOI and By-Laws is done
online
• Payment is done with the SEC Office
• Requirements - Business Name,
AOP/AOI, By-Laws, Treasurer’s Affidavit,
TIN of Partners/ Incorporators, Payment
of Fees
 CDA
• Registration
Reservation of Cooperative Name, AOC
and By-Laws is done online
• Payment is done with the CDA Office
• Requirements - Business Name, AOC,
By-Laws, Treasurer’s Affidavit, Economic
Survey, Surety Bond, Payment of Fees
 LGU Registration
registration of business
with the local government
unit on
is consonance with
its police power and
power of taxation
 LGU Registration
Barangay Clearance
DTI or SEC or CDA Registration Certificate
Lease Contract
Locational Clearance
Occupancy or Building Permit
Fire Clearance
Picture of
Establishment Letter of

Authority
Lessor’s Permit
 BIR Registration
registration of business
with
the Bureau ofInternal
Revenue is on
consonance with the
government’s power of
 BIR
Registration
Duly filled Application
Form Sketch of the
Business Site
BIR Form 0605 – for payment of registration
fee Business Permit
DTI or SEC or CDA Certificate of Registration
Articles of Partnership or Incorporation or
Cooperation
Contract of Lease
Birth Certificate
Marriage Certificate
 Employee
Registration
all business establishments having
employees are mandated to
register their business; this is for
the mandatory benefits of the
employees
 Employee
Registration
• SOCIAL SECURITY SYSTEM
• HOME DEVELOPMENT AND
MUTUAL FUND
• PHILIPPINE HEALTH
INSURANCE CORPORATION
 Employee
Registration
• Duly filled Application Form
for Employer
• DTI or SEC or CDA
Certificate of Registration
• Payment of Fees