How To Register Business Name Online Philippines
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.
How to register business name online philippines. How to register a business in the philippines. 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. 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. 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. This website is made available for the convenience of the public conducting business in the philippines.
How to register your business under r a 9178. Pay the registration and transaction fees. Domain name your unique address on the internet usually the same as your business or product name. Users assume all risks associated with any transfer of information to the dti and or its service provider including those related to the use of this site. A guide to bir dti and sec application 6 min.
Simply log on dti s enhanced business name registration system fill out the required information and submit your application. Business owners who want to register their company in the philippines need to deposit a minimum amount of capital in the bank account. 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. This service is provided for the official purpose of registering business names only. For a more convenient process you may now reserve your business name online.
Applying for a business name is required for all business owners that wish to use names other than their birth name for their business. There are two ways to register your business name in dti. Barangay micro business enterprises bmbes act of 2002. You may also combine these registration process by registering online and paying at the dti office. Receive and print the dti certificate.
This must be done within 7 days of application otherwise the reservation of the business name shall be revoked. Detailed steps on how to register your business in the philippines. 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. Read by ecomparemo on june 16 2020. Businesses by default must be named after the owner e g.