The document provides information about business registration and licensing processes in the Philippines. It outlines the various government agencies involved in registration like SEC, DTI, LGUs, and requirements for different business structures. The registration process starts with business name registration at DTI, securing permits from LGUs, and other mandatory registrations. It also lists incentives and support services provided by agencies like NERBAC to facilitate business set up.

1. Business Registration and Licensing Engr. Edwin O. Banquerigo DTI NERBAC Davao

5. Form of Ownership -Complicated setting up -Individual stockholder may have limited influence on mngt -Tendency to institutionalize a bureaucracy -Sharing of risks and losses -Maximum flexibility for growth -Limited liability -Greater room for professio- nalism in mngt Corporation -Possible conflict w/ partners -Decision by one binding to the other -Relatively easy to set up -Check & balance maintained Partnership -Demand owners’ personal time -Growth limited by owners financial means -Easy to set up -Fast decision making Single Disadvantages Advantages Ownership

6. Business Registration Process START DTI LGU DOT END SEC CDA Firm Name Registration Business Permit Mandatory Registration Other Licenses and Permits * HDMF SSS PHIC DOLE DENR BIR BFAD FPA BSP NFA BOI LTFRB * Depending on the type of business

19. BN Registration – Single Proprietorship Fill-up BN Application Form and include with a Preferred Name & 3 Alternative Names Pay application Fee of P300.00 Submit Application Form with 2Passport ID photo, Doc Stamp, P15.00 Fill-up Authorization Form , in case release is thru a representative BN Release in 2-3 Days For foreign sounding names, submit proof of citizenship, PRC ID, Birth Certificate

20. BN Registration – Corp/Partnership/Coop Fill-up BN Application Form. Must be signed by a Board of Director or submit Board Resolution authorizing other signatory Pay application Fee of P500.00 Submit Application Form with SEC or CDA Registration and Articles of Inc/Coop and Doc Stamp (P15.00) Fill-up Authorization Form , in case release will done thru a representative BN Release in 2-3 Days Submit Board Resolution for registration of adopted name or branch

29. Thank you

30. Note: Succeeding slides are for reference materials only but can be presented if time permits

31. ON-LINE BUSINESS NAME REGISTRATION

62. Thank you

63. Please do not include in the handouts. Resume ENGR. EDWIN ORCULLO BANQUERIGO Position: Chief Trade and Industry Development Specialist Department of Trade and Industry - XI Designation: Deputy Center Manager National Economic Research and Business Assistance Center (NERBAC) Educational Qualifications: BS Agricultural Engineering, Mindanao State University, Marawi City Masters in Business Administration Ateneo De Davao University