How To Register Business Name Online Philippines
For a more convenient process you may now reserve your business name online.
How to register business name online philippines. Businesses by default must be named after the owner e g. Dti for self employed individuals. Pay the registration and transaction fees. Business name registration is required in the philippines. Receive and print the dti certificate.
Applying for a business name is required for all business owners that wish to use names other than their birth name for their business. Barangay micro business enterprises bmbes act of 2002. A guide to bir dti and sec application 6 min. You may also combine these registration process by registering online and paying at the dti office. Read by ecomparemo on june 16 2020.
Juan dela cruz so if you want to name your business aling dolly s online shop then you are required to apply for business name registration with the dti. It is recommended that you pay using either gcash or paymaya since the payment is made in real time and will be immediately processed by the dti. This service is provided for the official purpose of registering business names only. Budding entrepreneurs can find lots of ideas and inspiration online and when you ve had your eureka moment and finally figure out what you want to invest in one of the first steps is business registration. How to register your business under r a 9178.
There are two ways to register your business name in dti. According to the business name law republic act 3883 it s illegal for anyone to use any name for a business other than the owner s true name without first registering the business name with the dti. The first one is the traditional way which is by visiting the dti office where the business is located and the second one is the dti online registration and payment which is called as the business name registration system or bnrs. This website is made available for the convenience of the public conducting business in the philippines. The philippines corporation code sets that minimum at php 5 000 but your bank will need additional materials including articles of incorporation and identification documents.
For sole proprietorship you are required to register your trade name with the department of trade and industry dti. Simply log on dti s enhanced business name registration system fill out the required information and submit your application. Barangay micro business enterprises bmbes can now register their businesses free of charge at the department of trade and industry dti through the agency s negosyo centers. How to register a business in the philippines. Business owners who want to register their company in the philippines need to deposit a minimum amount of capital in the bank account.