Principal Regulatory Agencies

Bangko Sentral ng Pilipinas (BSP)

An administrative unit through the monetary Board (MB) the monetary banking and credit system of the country.

Securities and Exchange Commission (SEC)

Department of Trade and Industry (DTI)

Department of Labor and Employment (DOLE)

Department of Finance (DF)

Principal Regulatory Agencies

Bangko Sentral ng Pilipinas (BSP)

Securities and Exchange Commission (SEC)

Handles the registration, licensing, regulation and supervision of all corporations and partnerships organized in the Philippines, including foreign corporations licensed to engage in business, or to establish branch offices in the country, regional or area head quarters, and representative offices.

Department of Trade and Industry (DTI)

Department of Labor and Employment (DOLE)

Department of Finance (DF)

Principal Regulatory Agencies

Bangko Sentral ng Pilipinas (BSP)

Securities and Exchange Commission (SEC)

Responsible for industrial development promotions, development promotion of investments, development of small and medium enterprises, expansion of exports and integrated delivery of DTI services to the regions and provinces.

Department of Trade and Industry (DTI)

Department of Labor and Employment (DOLE)

Department of Finance (DF)

Principal Regulatory Agencies

Bangko Sentral ng Pilipinas (BSP)

It is charged with the promotion of workers, employment promotion, and manpower development

Securities and Exchange Commission (SEC) Department of Trade and Industry (DTI)

Department of Labor and Employment (DOLE)

Department of Finance (DF)

Principal Regulatory Agencies

Bangko Sentral ng Pilipinas (BSP)

Handles the collection of all taxes, issuance, implementation or enforcement of tax laws, and negotiation of loans with foreign governments and banks.

Securities and Exchange Commission (SEC)

Department of Trade and Industry (DTI)

Department of Labor and Employment (DOLE)

Department of Finance (DF)

Registration of Business Name

1st Requirement
The applicant must pay a registration / processing of 300, then proceed to accomplishing the corresponding application form.

2nd Requirement 3rd Requirement 4th Requirement 5th Requirement

Registration of Business Name

1st Requirement
The application must file the duly accomplished application 4.1-4.2 form with the Department of trade and Industry provincial office where the business is located.

2nd Requirement 3rd Requirement 4th Requirement 5th Requirement

Registration of Business Name

1st Requirement
The applicant must submit two (2) passport-size pictures of himself taken not more than a year preceding the filing of application.

2nd Requirement 3rd Requirement 4th Requirement 5th Requirement

Registration of Business Name

1st Requirement
In case applicant is a natural-born Filipino, he must be 21 years old or over.

2nd Requirement 3rd Requirement 4th Requirement 5th Requirement

Registration of Business Name

1st Requirement
If applicant states in the application that he is a filipino citizen but whose surname sounds foreign or with alien surname he must submit two (2) photocopies of voter s ID or birth certificate i& etc.

2nd Requirement 3rd Requirement 4th Requirement 5th Requirement

In cases of JURIDICAL PERSONS

1st Requirement
If it is wholly owned by Filipino corporation or Partnership. Articles of Incorporation/ Partnership.

2nd

Requirement

SEC Certificate of Registration Board Resolution authorizing the person to sign application.

3rd Requirement

In cases of JURIDICAL PERSONS

1st Requirement
If Corporation or Partnership is fully owned by Aliens or the capital of which is more than 30% owned by Aliens. Articles of Incorporations / Partnership SEC Certificate of Registration BOI Form no.7, if business began prior to December 27, 1968 Board Resolution authorizing persons to sign application

2nd Requirement

3rd Requirement

In cases of JURIDICAL PERSONS

In case of Cooperatives, applicant must submit

1st Requirement
Articles of Incorporation By Laws

2nd Requirement

Certificate of Registration Issued by the Ministry of Agriculture

3rd Requirement

Who can apply for a business name?

Any Individual who is at least eighteen (18) years old, or any juridical person who is doing business or proposing to do business in the Philippines under a business name as defined in this order, and is not disqualified by any existing law or regulations to engage in business are required to register under the business name law.

Signatories
1st Requirement 2nd Requirement 3rd Requirement 4th Requirement 5th Requirement 6th Requirement
For individual applicants, the applicant himself; or by the person holding power of attorney for him if the application is under a special power of attorney.

Signatories
1st Requirement 2nd Requirement 3rd Requirement 4th Requirement 5th Requirement 6th Requirement
For corporations, the Board Director, CEO or Board Secretary.

Signatories
1st Requirement 2nd Requirement 3rd Requirement 4th Requirement 5th Requirement 6th Requirement
For Partnerships, one of the partners.

Signatories
1st Requirement 2nd Requirement 3rd Requirement 4th Requirement 5th Requirement 6th Requirement
For cooperatives, the president of secretary thereof;

Signatories
1st Requirement 2nd Requirement 3rd Requirement 4th Requirement 5th Requirement 6th Requirement
For Legitimate labor organizations, the President or Secretary.

Signatories
1st Requirement 2nd Requirement 3rd Requirement 4th Requirement 5th Requirement 6th Requirement
If the application is signed by a person holding power of attorney for the applicant, the application shall be accepted provided that the original power of attorney is presented and a copy thereof submitted as part of the supporting documents.

What happens after submitting the application?

An applicant can reserve a business name online up to three (3) working days, free of charge. The registrant however, shall comply with all the necessary requirements for registration within the same period in order that the application can prosper. In cases where any of the proposed names are no longer to be registered, or when a document is rejected, the applicant shall be required to resubmit proposed names or the required documents, as the case may be, within fifteen (15) working days from notification, verbally or otherwise. Failure to resubmit the same within the prescribed period shall be deemed abandonment of the application filed and the corresponding fee or fees paid shall not be refunded.

Validity of Business Name Registration.

The Business Name registration is renewable every five (5) years. Such renewal should be made within the 90 days grace period following the expiration of the 5 year period from the date of original registration. The business name is automatically deleted from the computer files six (6) months after the date of expiration and after publication of such in leading newspapers. If applicant registers after six (6) months after the date of expiration, his/her application is considered as a new application. Early renewal or renewal before the expiration date is not allowed.