DTI or SEC?
A sole proprietorship typically registers a business name with DTI. Partnerships and corporations generally register with SEC. Your structure affects taxes, liability, paperwork, and compliance.
Common registration sequence
- Choose business structure and business name.
- Register business name or entity with DTI or SEC.
- Get barangay clearance for the business location.
- Apply for mayor's permit or business permit with the city or municipality.
- Register with BIR and secure official receipts or invoices as required.
- Check SSS, PhilHealth, Pag-IBIG, and DOLE obligations if hiring employees.
Documents to prepare
- Valid owner or incorporator IDs
- Proof of address or lease contract
- DTI certificate or SEC documents
- Barangay clearance and zoning or occupancy requirements if applicable
- Capital, line of business, and contact information
Local rules vary. LGU requirements differ by city, municipality, location, and business activity.
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