7/23/2019 Steps in Starting up Business in the Philippines

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Business registration steps (for single proprietorship):

Step 1. Step 1: Go to any Department of Trade and Industry office (DTI) and the Bureauof Trade Regulation and onsumer !rotection (BTR!) to register your "usiness name.

Note:

Re#uirement: $ny go%ernment issued ID&ee: Barangay: !'! .ity * +unicipality: !'! ,.Regional: !'! 1-.ational: !'! -.!rocessing time: 1 hour 

Step . Go to +unicipal*ity 'all to get "usiness permit.

Re#uirements:

DTI certificate

/ease contract (if renting) or ta0 declaration (if you on the place)

2 ID picture

&ee: !3- (appro0.)

!rocessing time: 45 hours

Step 5. Go to 6ffice of the Treasurer of each city or municipality for B+B7* $pplication

Re#uirements:

Duly filled up and signed $pplication form in triplicate

Three passport si8e pictures

DTI registration for sole proprietorship9 S7 registration for corporations-

partnerships or association9 D$ registration for cooperati%es +ayors permit

ost of registration: !1-

The /G; shall issue the ertificate of $uthority and shall "e effecti%e for a period of to() years- renea"le for a period of to () years for e%ery reneal.

*B+B7 or Barangay +icro4Business 7nterprise (B+B7) $ct of (R$ <1=>) is

engaged in production- processing or manufacturing of products as ell as trading andservices (emphasis supplied) ith a total assets of not more than 5 million. Some of the"enefits are Income Ta0 70emption9 70emption from the co%erage of the +inimum

7/23/2019 Steps in Starting up Business in the Philippines

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?age /a9 !riority to a special credit indo9 technology transfer- production andmanagement training- mar@eting assistance programs for B+B7 "eneficiaries.

Step 3. Go to Barangay hall to get "usiness clearance.

Step ,. Go to BIR office to get TI*ertificate.

Re#uirements:

DTI certificate

+ayors !ermit

/ease ontract (if renting) or ta0 declaration (if you on the place)

&ee: !,

!rocessing time: 14 hours

 $t this point- you may no legally start your "usiness operations- "ut youll need to then

register your employees (hich may include yourself) to the folloing agencies:

Social Security System (SSS) A secure an SSS num"er for yourself and your 

employees

Department of /a"or and 7mployment (D6/7) A for "usinesses ith fi%e or@ers

or more- register your "usiness ith D6/7

'ome De%elopment +utual &und ('D+&) A as re#uired "y R$ ==3- SSS

mem"ers earning at least !3- a month must "e registered ith 'D+&. Thisagency administers the !ag4I"ig &und.

!hilippine 'ealth Insurance orp. (!hil'ealth) A all employers of are re#uired to

register their employees to this agency as stated in the e ational 'ealthInsurance $ct (R$ =>=, * R$ <31). !hil'ealth manages and administers thego%ernment health care system.