General Requirements in Adding a Business

 General Requirements in Placing a Business Study Paper

Requirements in Putting up a Business

Submitted simply by:


Acceptable Business Names

* The main or words and phrases of the name shall be regarded (e. g. " Island” instead of " Islander” * The business term should explain the nature of the business enterprise. It should be made up solely of any or all of the following: albhabets, numerals, and punctuation which might be part of the English and Philippine language. Brands That Are Not Acceptable

2. Those which will be or whose nature of business can be illegal, unpleasant, scandalous, or perhaps contrary to propriety. * Those that are identical or practically resemble business names previously registered while using DTI as well as the SEC. 5. CDA, DOLE or any additional government business office authorized legally to register names, because these are very likely to cause confusion or mistake in the minds of the general public and prejudice the interest with the owner from the registered organization name or perhaps firm term taking into consideration the pursuing: * Mother nature of the business

* Product/service handled

* Location/place with the business

2. Capitalization

2. General presence, spelling, nicely meaning

2. Use of dominant/descriptive words and so on other factors as maybe determined by the BTRCP Director 5. Names constructed purely of generic phrases

2. Name which usually, by law or regulation, may not be appropriated 2. Names, phrases, terms, or expressions used to designated or perhaps distinguish, or perhaps suggestive of quality of any category of goods, content articles, merchandise, or service 5. Names or perhaps styles employed by the government in its governmental functions * The names or abstract of names, of any kind of nation, inter-governmental or international organization unless of course authorized by the competent specialist of that region, inter-governmental or perhaps international organizations * Brands which are deceptive, misleading or perhaps which misrepresent the nature of the company * Such other brands which, in the opinion from the Director, are undesirable or perhaps analogous towards the above

Applying For a Business Brand

A. Pick a Business Brand

B. Research for a Business Name

C. Register your Business name

D. Concluding The Application

Items to be consider:

Tax Identification Number (TIN)

Email Address

Zero code

Presently there also some components of information which may be of particular concern when ever completing the application form. For example:

What is/are your company activity (ies)?

What is/are your product(s) and/or services/

What is your Philippine Industrial Classification System (PSIC) code?

1 . Submit Documentary Requirements

2 . Pay the application

What Do I must Register My Business Identity?

A. Intended for single Proprietorship

5. Must be a Filipino resident, at least 18 years old

Two 2X2 color IDENTITY pictures of applicant taken within one (1) one year immediately previous the filing of such application. The pictures must be the same, clear and signed by applicant. 2. Filipinos in whose names are suggestive of alien nationality must post proof of nationality, such as birth certificate, PRC ID, voter's ID, passport

B. To get Corporation, Collaboration and Cooperative

* Chock-full application form

* Qualified photocopy of SEC and CDA registration and Content articles of Incorporation, Partnership or Cooperative (by the plank of secretary) * Board Resolution intended for the enrollment of an used name/ branch with certain address(if applicable) * Digesting fee of P500. 00

C. For Foreign Investors

* Certified accurate copy in the certificate of authority to interact in business in the Philippines every R. A. 7042 given by the DTI-NCR * Accredited true copy of latest business permit through the concern Local Government Unit (LGU) * Peculiar certificate of registration (ACR) updated the latest year and present unique copy of comparison * Accomplished DTI Form Number 17 underneath R. A 7042

2. Current crafted appointment of Filipino Resident Agent

2. Clearance from other involved organizations such as DOST, PNP and so forth * In...