Types of Business Registration in

the Philippines
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Registration

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Types of Business Registration

Sole Proprietorship
Partnership
Corporation
Branch Office
Representative Office

Sole Proprietorship
Requirements:

Process:

Create name of business to be

registered in DTI Business
Name Registration System
(BNRS)
Applicants TIN number
Provide copy of identification
of citizenship (government
issued IDs- Drivers License,
Voters ID, Passport, etc.)
Provide signed copy of
undertaking from DTI BNRS
Prepare payment for
application

Reserve, secure & register name

from DTI
Present accomplished forms/docs
for processing and evaluation
Get certificate from DTI
Secure business registration from
local government of chosen
location of business
(i.e. Barangay Certificate, Mayors
Permit & Licenses)
Register business in Bureau of
Internal Revenue (BIR)
If with employees, register with
the following:
Social Security System (SSS)
Philippine Health Insurance
Corporation (Phil Health)
Home Development Mutual Fund
(HDMF)

Partnership
Requirements:
create name of business to
be registered in SEC
create draft of articles of
partnership
SEC form F-105 (for
foreigner partners)
prepare payment for
application

Process:

Reserve, secure & register name from SEC

Submit duly notarized Articles of
Partnership
Present completed forms and needed
documents to SEC
Provide necessary requirement if one of
the partners is a foreigner
Present certification of minimum paid up
capital in trust account from local bank
Get certificate from SEC
Secure business registration from local
government of chosen location of business
(i.e. Barangay Certificate, Mayors Permit &
Licenses)
Register business in Bureau of Internal
Revenue (BIR)
If with employees, register with the
following:

Social Security System (SSS)

Philippine Health Insurance Corporation
(PhilHealth)
Home Development Mutual Fund (HDMF)

Corporation
Requirements:

Process:

create name of business to be

registered in SEC
must have at least 5- 15
shareholders
create draft of articles of
partnership, by- laws
SEC form F-100 (for corporation
with more than 40% )
prepare payment for application
registration of paid-up capital
and affidavit from Corporate
Treasurer

for Filipino Corporation at least

Php100,000 paid- up capital
for Foreign- Owned minimum paidup capital is expected to be higher
depending on the type of corporation
to be registered

Reserve, secure & register name from SEC

Provide necessary requirement if one of the
incorporator is a foreigner
Submit completed forms and needed documents
to SEC:

Cover Sheet
Name Verification Slip
Articles of Incorporation
Treasurers Affidavit
By- Laws
Undertaking to change name

Get certificate from SEC

Secure business registration from local government
of chosen location of business
(i.e. Barangay Certificate, Mayors Permit &
Licenses)
Register business in Bureau of Internal Revenue
(BIR)
If with employees, register with the following:

Social Security System (SSS)

Philippine Health Insurance Corporation (PhilHealth)
Home Development Mutual Fund (HDMF)

Branch Office
Requirements:

Process:

Create name of business to be

registered in SEC
Create draft of articles of partnership &
by- laws
Audited financial statements
Board resolution authorizing the
creation and establishment of the
Representative Office in the Philippines
Minimum paid up capital of USD
200,000.00 (PHP9,000,000.00)
Resident Agent for the representative
office (must be filipino resident- applied
to any individual legally staying here for
more than 185 days/ year).
Certification of inward remittance for
minimum paid-up capital to local bank
Prepare payment for application

Reserve, secure & register name from SEC

Submit completed forms and needed documents
to SEC:

Cover Sheet
Name Verification Slip
Authenticated copy of the Board Resolution
Articles of Incorporation & By- Laws
Audited Financial Statements (audited by an
independent Certified Public Accountant of the
home country)
Proof of Inward remittance (bank certificate)
Resident Agents acceptance of appointment (unless
agent is the signatory in the application form)
Affidavit of Resident Agent
Requirements must be authenticated in the
Philippine Embassy/Consulate of the parent
companys home country.

Get certificate from SEC

Secure business registration from local
government of chosen location of business
(i.e. Barangay Certificate, Mayors Permit &
Licenses)
Register business in Bureau of Internal Revenue
(BIR)
If with employees, register with the following:

Social Security System (SSS)

Philippine Health Insurance Corporation (PhilHealth)
Home Development Mutual Fund (HDMF)

Representative Office
Requirements:

Process:

create name of business to be

registered in SEC
create draft of articles of partnership &
by- laws
audited financial statements
board resolution authorizing the
creation and establishment of the
Representative Office in the Philippines
minimum paid up capital of USD
30,000.00 (PHP1,350,000.00)
Resident Agent for the representative
office (must be filipino resident- applied
to any individual legally staying here for
more than 185 days/ year).
certification of inward remittance for
minimum paid-up capital to local bank
prepare payment for application

Reserve, secure & register name from SEC

Submit completed forms and needed documents to SEC:
Cover Sheet

Name Verification Slip

Authenticated copy of the Board Resolution
Articles of Incorporation & By- Laws
Audited Financial Statements (audited by an independent
Certified Public Accountant of the home country)
Proof of Inward remittance (bank certificate)
Resident Agents acceptance of appointment (unless agent
is the signatory in the application form)
Affidavit of Resident Agent
* Requirements must be authenticated in the Philippine
Embassy/Consulate of the parent companys home country.

Get certificate from SEC

Secure business registration from local government of
chosen location of business
(i.e. Barangay Certificate, Mayors Permit & Licenses)
Register business in Bureau of Internal Revenue (BIR)
If with employees, register with the following:

Social Security System (SSS)

Philippine Health Insurance Corporation (PhilHealth)
Home Development Mutual Fund (HDMF)

Contact for Consulting

Philippines Office
Unit 904 OMM-Citra Bldg.,
San Miguel Ave.,
Ortigas Center, Pasig City
Tel. (02) 470-6160
(02) 775-6217
www.pnjgconsulting.com
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