Having a legit business in the Philippines means going through a lot of processes and registrations, the first step to register your business is to have it’s name registered. Single proprietorship may register their business name in the Department of Trade in Industry or DTI while corporation in Security and Exchange Commission or SEC.
We were talking only the business name registration for single proprietorship through DTI Web-Enabled Business Name Registration System (WEBNRS). In our previous article we already published a tutorial how to register business name with DTI but if you don’t have time to visit DTI offices, this online registration is much better and handy.
Requirements for DTI Business Name Registration Online
The requirements is similar to the offline registration, for local single proprietorship;
- Must be a Filipino citizen, at least 18 years old
- Filipinos whose names are suggestive of alien nationality must submit proof of citizenship such as birth certificate, PRC ID, voter’s ID, passport
and for Foreign Investor (Single Proprietorship)
- Photocopy of Alien Certificate of Registration (ACR) updated the current year. Present original for comparison.
- Accomplished DTI Form No.17 under R.A. 7042.
- Current written appointment of Filipino Resident Agent.
- Clearance from other involved agencies such as Department of Science and Technology (DOST), PNP etc.
- In case of alien retailer, current year’s permit to engage in retail business per R.A. 1180.
You can check the full details of the requirements in the FAQ pages of WEBNRS.
Before I forgot you must have at least 2 variations of your business name just in case the name that you want to register already used or registered to other individual, you can visit FAQ’s filing page of DTI online for guidelines and acceptable business name.
You will also need Globe GCash for the payment, although you can pay cash thru DTI Teller but what’s the purpose of registering online if you need to go DTI office. GCash and Bancnet is the option for online Payment but GCash is the online available in the method of payment select field.
Procedure for DTI Business Name Registration Online
When everything is set and ready you can now register your business online. We will walk you through every steps and grab screenshots.
Step 1: Go to (www.business.gov.ph/web/guest/bn-registration) and you will arrive to the Acceptance of BNRS Terms and Conditions page.
Read and understand all the terms and condition then click “I Agree” to continue.
Step 2: Check the availability of your proposed business name. Select the scope of your business, the fees will depend on the scope of your business, for Barangay 200, City/Municipality 500, Regional 1,000 and National 2,000 plus the documentary stamp of 15 pesos. To check the availability enter you proposed name then click “Check Name Availability”.
If your proposed names is available, you will see the summary together with the amount that you need to pay.
You will also need to fill out all the field of your basic information or the owner of the business.
And setup the payment method, we will choose GCash in the Method of Payment and Download in the method of receiving the business name document from DTI. Double check everything make sure it is accurate and correct. Click submit to continue.
Step 3: Transaction Reference Number (TRN) Acknowledgement, your business name is reserve but still subject to teller validation. Read the undertaking before continue to online Payment. You can also download and print the TRN acknowledgement.
Step 4: Enter the GCash Cellphone number then click continue.
Step 5: The Gcash mobile will receive notification fro DTI online system, all you have to do is confirm the payment.
Step 6: When the payment is confirmed, you can now download and print the DTI Certificate and the DTI Business registration receipt, don’t forget the receipt to print. The certificate is not valid without the receipt.
You can now used the DTI certificate of your Business name for getting business clearance and permits in the Barangay and City/Municipality where your business is located.
- Renewal of BIR Registration Certificate, Mayor’s Permit, and Barangay Permit
- How to Register Your Business with the Bureau of Internal Revenue (BIR)