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Sunday, September 30, 2012

Business Guide: Register your Business with the DTI (Sole Proprietorship)

If you solely own the business you plan to put up, you need to get your business name registration certificate at the DTI provincial office of the area where you plan to locate your business. You may visit the DTI website to find out the address of the DTI office nearest you.

For sole proprietorships, in order to get your business name registration certificate, you must fulfill the following  requirements:

  1. Present a copy of government-issued ID.
  2. Accomplish the Business Name Registration form (BTRCP FORM 16A) with duplicate.
  3. Pay the registration fee (depends on the territorial coverage of the business name and documentary stamp).
    1. Barangay coverage:  P200.00
    2. Municipal coverage: P500.00
    3. Regional coverage: P1,000.00
    4. National coverage: P2,000.00
The business name registration certificate, once received, will be valid for 5 years.