Starting a business entails a lot of tasks. It is a bit of a tedious process, but this is only to make sure that you abide by the laws of the Philippines and avoid any violation uncalled for. Starting a business entails a lot of tasks. It is a bit of a tedious process, but this is only to make sure that you abide by the laws of the
Philippines and avoid any violation uncalled for. If you want to begin putting up a business, a brilliant concept will be excellent, but you want to also know how to register your business.
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1. Determine the type of business you want to start because there are different agencies who can assist you depending on your business. For sole proprietorship, you should go to the Department of Trade and Industry (DTI), for cooperatives, it should be the Cooperative Development Authority (CDA) and Securities and Exchange Commission (SEC) for partnerships, as well as corporations.
2. The next step will be securing your business permit. You can apply for the permit and license of your business in the city where your business will be located. There will be a number of agencies and sectors where you will have to secure your clearances from, depending on the type of your business. For example, you would like to start a restaurant or a café, so that means your business will fall under the category of food and cosmetics, and it means you need to get the clearance from Food and Drugs Administration (FDA). If you want to have a day care or preschool, then you must secure the clearance from Department of Education (DepEd).
3. The next step will be your registration in the Bureau of Internal Revenue (BIR) office in the same city where you will be having your business. You can visit and inquire for the requirements specific to your business type.
4. Comply with the requirements of the existing offices. You will also have to secure and submit the requirements of offices such as Social Security System (SSS), Philhealth, PAG-IBIG, Department of Labor and Employment (DOLE), Department of Environmental and Natural Resources (DENR) and others.