How to Register a Business with the Department of Trade and Industry (DTI)

Registering your business with the Department of Trade and Industry (DTI) is a crucial step for entrepreneurs, particularly for those setting up a sole proprietorship. The DTI is responsible for registering business names and ensuring that no two businesses have the same name. This guide outlines the step-by-step process of registering a business with the DTI.

Step 1: Prepare Business Information

Before starting the registration process, gather the following information:

• Proposed Business Name: Prepare at least three options for your business name in case your first choice is unavailable.
• Business Address: Provide the complete address where your business will be located.
• Business Activities: Clearly define the nature of your business and the products or services you will offer.
• Owner’s Information: Prepare your full name, nationality, date of birth, address, and valid ID details.

Step 2: Check Business Name Availability

1. Online Name Search:
   • Visit the DTI Business Name Registration System (BNRS) online portal: DTI BNRS.
   • Use the “Search” feature to check the availability of your proposed business name.
   • Make sure the name adheres to DTI naming guidelines, which prohibit the use of generic words, common names, or those that imply government affiliation.

Step 3: Complete the Application Form

1. Online Registration:

   • If the business name is available, proceed with the online registration via the DTI BNRS portal.
   • Click “Register New Business” and fill out the required fields with your business information.
   • Choose the territorial scope of your business (Barangay, City/Municipality, Regional, or National).

2. Territorial Scope:

   • Barangay: Limits the business operation to the barangay where it is registered.
   • City/Municipality: Allows the business to operate within a specific city or municipality.
   • Regional: Permits operations within a specific region.
   • National: Allows the business to operate nationwide.

Step 4: Pay the Registration Fee

1. Determine the Fee:

   • The registration fee depends on the territorial scope of the business:
     • Barangay: PHP 200
     • City/Municipality: PHP 500
     • Regional: PHP 1,000
     • National: PHP 2,000
   • An additional documentary stamp tax of PHP 30 is also required.

2. Payment Options:

   • The DTI BNRS system offers several payment options, including:
     • Online payment via credit or debit card.
     • E-wallets such as GCash or PayMaya.
     • Over-the-counter payment through partner banks or payment centers.

Step 5: Receive and Print Your Certificate

1. Confirmation and Certificate:
   • Once the payment is confirmed, you will receive a notification via email with your Certificate of Business Name Registration.
   • Download and print the certificate for your records.

Step 6: Post-Registration Requirements

1. Barangay Clearance:

   • After registering with the DTI, obtain a Barangay Clearance from the barangay where your business is located.

2. Mayor’s Permit:

   • Secure a Mayor’s Permit from the city or municipal hall to legally operate your business in the locality.

3. BIR Registration:

   • Register your business with the Bureau of Internal Revenue (BIR) to obtain a Tax Identification Number (TIN) and secure the necessary permits for issuing official receipts and paying taxes.

Tips for Successful Registration

1. Unique Business Name:

   • Choose a business name that is unique and reflects your brand identity to avoid rejection.

2. Accurate Information:

   • Ensure that all information provided is accurate and matches the details on your valid ID.

3. Compliance with Regulations:

   • Be aware of local regulations and additional requirements specific to your business type and location.

4. Keep Records:

   • Keep a copy of all documents, including your DTI Certificate, payment receipts, and application forms.

Conclusion

Registering a business with the DTI is a straightforward process that formalizes your sole proprietorship in the Philippines. By following the steps outlined above, you can secure your business name and begin operating legally. Remember that completing the DTI registration is just the first step; you must also comply with other local government requirements to fully operate your business.