How to register business in the Philippines

Certainly! Registering a business in the Philippines involves several steps and government agencies. Let’s break it down:

1. Business Name Registration with DTI:
   • Start by reserving and registering your business name with the Department of Trade and Industry (DTI). This provides your business with a legal identity and allows you to use your chosen business name.
   • You can do this online at bnrs.dti.gov.ph or visit your nearest DTI Regional or Provincial office.
   • Bring an accomplished business name registration sole proprietorship application form and a valid government-issued ID.
   • Additional requirements apply if you’re a non-Philippine national or a recognized refugee/stateless person.
2. Register with the Securities and Exchange Commission (SEC):
   • If you’re forming a corporation or partnership, register with the SEC. This step ensures your business is treated as a legal entity.
   • Visit the SEC Head Office or register online at crs.sec.gov.ph.
3. Cooperative Development Authority (CDA):
   • If you’re establishing a cooperative, register with the CDA as per Republic Act 6938/6939.
   • Visit the CDA office at 6/F Benlor Building, 1184 Quezon Avenue, Quezon City.
4. Local Government Permits:
   • All businesses, regardless of legal form, need a mayor’s permit or municipal license from the city or municipality where they operate.
   • Procedures vary across locations. Check with your local government unit (LGU) for specific requirements.
5. Bureau of Internal Revenue (BIR):
   • Register with the BIR for taxation purposes. You’ll receive a tax identification number (TIN) and authorization to print receipts and invoices.​