How to Register Your Business in the Philippines

Aug 28th, 2007 | Category: Business Registration Requirements, Resources

In putting up a business, there are several government agencies you have to register with depending on the type of your business. These are the following:

DEPARTMENT OF TRADE AND INDUSTRY (DTI)
Bureau of Trade Regulation and Consumer Protection (BTRCP)

It is necessary to register your business with this agency in order to gain the exclusive rights to use your business name. Single proprietors are required to register. Partnerships and corporation registrations are optional.

Registrants outside Metro Manila may secure and accomplish their application for Business Name with the nearest DTI regional or provincial offices. For those businesses located in the National Capital Region, visit the DTI Head Office at the Ground Floor, 361 Sen. Gil Puyat Avenue, Makati City, or call 751.3190 to 91. You may also apply online at www.bnrs.dti.gov.ph.

SECURITIES AND EXCHANGE COMMISSION (SEC)
SEC Building, Edsa, Greenhills, Mandaluyong City
Tel. nos.: (632) 726.0931 to 39
Email: mis@sec.gov.ph
Website: www.sec.gov.ph
or http://iregistersec.gov.ph/MainServlet (for online registration)

It is essential for a Partnership or a Corporation to register with the SEC in order for them to be treated as a legal or judicial entity. 

LOCAL GOVERNMENT
Permits or licenses are required to ensure that the standards are met and that business complies with the specific requirements of the business locale. Registration procedure varies across cities and municipalities.

Bureau of Internal Revenue {BIR}
Office, Agham Road, Diliman, Quezon City
Trunkline: (632) 981.7000 / 981.8888
Email: contact-us@cctr.bir.gov.ph
Website: www.bir.gov.ph

Every business enterprise has to register with the Bureau of Internal Revenue (BIR) for taxation purposes. The Bureau will furnish your business with its own tax identification number and the authority to print receipt, invoices and others.

Social Security System (SSS)
555 Building, East Avenue, Diliman, Quezon City
Tel. nos.: (632)920.6401 / 920.6446
Email: member relations@sss.gov.ph

The Social Security System offers many benefits for employees and d.
employers such as disability and death benefits.

Department of Labor and Employment (DOLE)
2nd Flr. Dy International Building, SanMarcelino cor. Gen. Malvar St., Malate, Manila
Tel: nos.: (632) 339.2013 / 527.8000
Email: osec@dole.gov.ph
Website: www.dole.gov.ph

Business establishments with five or more employees are encouraged
to register with the Department of Labor and Employment (DOLE) for e.
the purpose of monitoring the firms’ compliance with labor
regulations. Registration is required for firms with 50 or more workers.

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3 Responded on "How to Register Your Business in the Philippines"

  1. Very informative, indeed!

  2. hi! We have 2 companies right now. Our first company was registered by me alone and it’s really costly (time, effort and money). For our second company, we hired an accounting firm for the registration and it really help us save not just on money but also on effort and time. Here are their contact nos: 553-8772; 553-9747; 519-0954. Hope this would help. Good luck on your business!

  3. For people who are interested in setting up their own company, I can provide professional advise as to the preparation of documents, structuring and in the registration proper. I can assist from the initialization/planning up to the registration of the company of all mandatory government registrations which may vary depending on the nature and type of business activities.

    I can also provide formalization of business process/operating manual and setting up of accounting procedures from manual accounting to computerized accounting. Just send me an email at jdmangubat6@yahoo.com.

    Thanks.

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