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Business Registration Requirements

The document outlines the business registration requirements in the Philippines, detailing steps such as registering a business name with the DTI, obtaining a Barangay Business Clearance, and securing a Mayor's Permit. It also includes instructions for registering with the BIR, including necessary documents and forms. Additionally, it explains the types of books of account that must be maintained for business transactions.

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edwinmunio.lucina
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2 views17 pages

Business Registration Requirements

The document outlines the business registration requirements in the Philippines, detailing steps such as registering a business name with the DTI, obtaining a Barangay Business Clearance, and securing a Mayor's Permit. It also includes instructions for registering with the BIR, including necessary documents and forms. Additionally, it explains the types of books of account that must be maintained for business transactions.

Uploaded by

edwinmunio.lucina
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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BUSINESS

REGISTRATION
REQUIREMENTS
EDWIN LUCINA
Teacher
LEARNING
COMPETENCY:
●Operate the business
(CS_EP11/12ENTREP-0a-a-19)
○to identify the business registration
requirements
Basic Requirements
to start commencing
a business in the
Philippines:
1. Register Business Name in DTI
(Department of Trade and Industry)
● A. Prepare your BN. It refers to any name, other
than your true name, that you’re going to use in
regard to your business.
● B. Confirm the availability of your business name
on DTI’s website.
1. Register Business Name in DTI
(Department of Trade and Industry)
● C. Fill up the online registration form through their
Business Name Registration System (BNRS).
Take note the reference code that will be provided
to you as you will use it in all transactions with
BNRS.
1. Register Business Name in DTI
(Department of Trade and Industry)
● D. Pay for the registration fee. Pay within 7
calendar days from the application date via
gcash/paymaya/credit/debit card.
● Registration fee:
● Brgy – 200, City/Municipality – 500, Regional –
1000
1. Register Business Name in DTI
(Department of Trade and Industry)
●E. Download your certificate. Upon
confirmation of payment, your business
name will be successfully registered. Go
to Transaction Inquiry, accept the terms
and conditions, and input the reference
code that was provided when you filled up
the registration form.
2. Register for a Barangay Business
Clearance
● A. Prepare the requirements:
● Two valid IDs
● Proof of address. Contract of Lease (if rented) or
Certificate of Land Title (if owned).
● Certificate of registration from DTI
● B. Go to the Barangay where your business is
located. Fill up the application form, submit it
together with other requirements.
3. Register for a Mayor’s Permit
● A. Prepare the requirements:
● Two valid IDs
● Proof of address. Contract of Lease (if rented) or
Certificate of Land Title (if owned).
● Certificate of registration from DTI
● Barangay Business Clearance
2. Register for a Barangay Business
Clearance
● B. Go to the municipal office where your business
is located. Fill up the application form, submit it
together with other requirements.
2. Register your business in the BIR
(Bureau of Internal Revenue)
● A. Prepare the requirements:
● DTI Certificate of Registration
● Barangay Business Clearance
● Mayor’s Permit
● Certificate of Lease (if rented) or Certificate of
Land Title (if owned).
● Government-issued identification
2. Register your business in the BIR
(Bureau of Internal Revenue)
● B. Fill up the BIR Form 1901.
● Accomplish 3 copies of the BIR Form 1901.
● C. Go to your respective Revenue District Office
(RDO). Submit your application.
● D. Pay the registration fee
2. Register your business in the BIR
(Bureau of Internal Revenue)
● E. Claim your Certificate of Registration (COR).
Some RDOs might require you to attend a
seminar about filling your taxes before you can
claim your COR. Upon claiming your COR, ensure
that you will also receive the “Ask for Receipt”
sign.
2. Register your business in the BIR
(Bureau of Internal Revenue)
● F. Purchase and Register your books of account.
A book of account is where you keep the original
record of all your business transactions.
● There are 3 types of books of account.
● 1. Manual Books of Account: This includes
2. Register your business in the BIR
(Bureau of Internal Revenue)
● F. Purchase and Register your books of account. A book of account
is where you keep the original record of all your business
transactions. There are 3 types of books of account.
● 1. Manual Books of Account - This includes journals, ledgers, or
columnar books where you manually document (handwrite) your
business transactions.
● 2. Loose-leaf Books of Account - This also includes journals and
ledgers but they are printed instead of being handwritten.
Bookkeeping through Microsoft Excel (spreadsheets) can be
considered as a loose-leaf book of account as well.
● 3. Computerized Books of Account - A program or computerized
system of bookkeeping that is usually common for businesses with
complex operations.
2. Register your business in the BIR
(Bureau of Internal Revenue)
● Register your books of account by accomplishing and
submitting BIR Form 1905 together with your books of
account at the RDO where your business is registered.
● G. Secure an Authority to Print. Accomplish and submit 3
copies of BIR Form 1906 at the RDO, together with a
sample of principal or supplementary invoices and a copy
of your COR. It would usually take a week before you can
get your ATP.
● Upon acquiring your ATP, submit it to an accredited BIR
printer. You can check BIR accredited printers here. The
release of your official invoices usually takes up to 2
weeks.

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