Starting a Business - Registration of a Single Proprietorship
Do you need a Philippine Business Address? Business addresses in Makati and Bonifacio Global City Now on our 10th year providing office support to entrepreneurs. |
Department | Procedure | Time to | Associated Costs |
1. DTI (Department of | Business Name Registration Certificate from any DTI Office or log on to www.bnrs.dti.gov.ph.
| 1-2 days | Registration fee: Scope: National=P2000 Regional=P1000 City/Municipality=P500 Barangay=P200 *Total fees to include Php 15 documentary stamp tax (DST) |
2. Barangay | Obtain Barangay clearance | 2 days | PHP 800 |
3. Mayor's Office | Obtain Mayor’s Permit to operate at the Licensing | 1-2 weeks depending on city | The fees vary depending on the local government unit (city/municipality) issuing the mayor’s permit. PHP 900, sanitary permit fee + 0.2% of capital for license fee
PHP 1,500, plumbing inspection fee
|
4. BIR (Bureau of Internal Revenue) | 2 days | PHP 500 (registration fee) + PHP 100 (certification fee) and PHP 15 (documentary stamp tax, in loose form to be attached to Form 2303) | |
B. Obtain Certificate of Authority to Print (ATP) Form | 1 day | No Charge | |
C. Buy special books at Any Bookstore OR BIR's Office | 1 day | PHP130- PHP150 ( 4 pcs ) | |
D. Print receipts and invoices at the print shops accredited by the BIR | 14 days | PHP180/ Booklet | |
E. Have books of accounts and Printer’s Certificate of Delivery of Receipts and Invoices (PCD) stamped by the BIR | 1day | No charge | |
5. SSS (Social Security System) | Register with the Social Security System (SSS) | 1 week | No charge |
6. PHIC (Philippine Health Insurance Corporation) | Register with the Philippines Health Insurance Company (Phil Health) | 1 day | No charge |
Source: http://www.mixph.com/2006/03/steps-to-register-your-business.html