In this presentation, we are describing about business registration in the Philippines. These should be very beneficial if you are thinking about business in the Philippines.

1. Types of Business Registration in
the Philippines
Know More About Business
Registration
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2. Types of Business Registration
• Sole Proprietorship
• Partnership
• Corporation
• Branch Office
• Representative Office

3. Sole Proprietorship
Requirements:
• Create name of business to be
registered in DTI Business
Name Registration System
(BNRS)
• Applicant’s TIN number
• Provide copy of identification
of citizenship (government
issued IDs- Driver’s License,
Voter’s ID, Passport, etc.)
• Provide signed copy of
undertaking from DTI BNRS
• Prepare payment for
application
Process:
• Reserve, secure & register name
from DTI
• Present accomplished forms/docs
for processing and evaluation
• Get certificate from DTI
• Secure business registration from
local government of chosen
location of business
• (i.e. Barangay Certificate, Mayor’s
Permit & Licenses)
• Register business in Bureau of
Internal Revenue (BIR)
• If with employees, register with
the following:
– Social Security System (SSS)
– Philippine Health Insurance
Corporation (Phil Health)
– Home Development Mutual Fund
(HDMF)

4. Partnership
Requirements:
• create name of business to
be registered in SEC
• create draft of articles of
partnership
• SEC form F-105 (for
foreigner partners)
• prepare payment for
application
Process:
• Reserve, secure & register name from SEC
• Submit duly notarized Articles of
Partnership
• Present completed forms and needed
documents to SEC
• Provide necessary requirement if one of
the partners is a foreigner
• Present certification of minimum paid up
capital in trust account from local bank
• Get certificate from SEC
• Secure business registration from local
government of chosen location of business
• (i.e. Barangay Certificate, Mayor’s Permit &
Licenses)
• Register business in Bureau of Internal
Revenue (BIR)
• If with employees, register with the
following:
– Social Security System (SSS)
– Philippine Health Insurance Corporation
(PhilHealth)
– Home Development Mutual Fund (HDMF)

5. Corporation
Requirements:
• create name of business to be
registered in SEC
• • must have at least 5- 15
shareholders
• • create draft of articles of
partnership, by- laws
• • SEC form F-100 (for corporation
with more than 40% )
• • prepare payment for application
• • registration of paid-up capital
and affidavit from Corporate
Treasurer
– for Filipino Corporation – at least
Php100,000 paid- up capital
– for Foreign- Owned – minimum paid-
up capital is expected to be higher
depending on the type of corporation
to be registered
Process:
• Reserve, secure & register name from SEC
• Provide necessary requirement if one of the
incorporator is a foreigner
• Submit completed forms and needed documents
to SEC:
– Cover Sheet
– Name Verification Slip
– Articles of Incorporation
– Treasurer’s Affidavit
– By- Laws
– Undertaking to change name
• Get certificate from SEC
• Secure business registration from local government
of chosen location of business
(i.e. Barangay Certificate, Mayor’s Permit &
Licenses)
• Register business in Bureau of Internal Revenue
(BIR)
• If with employees, register with the following:
– Social Security System (SSS)
– Philippine Health Insurance Corporation (PhilHealth)
– Home Development Mutual Fund (HDMF)

6. Branch Office
Requirements:
• Create name of business to be
registered in SEC
• Create draft of articles of partnership &
by- laws
• Audited financial statements
• Board resolution authorizing the
creation and establishment of the
Representative Office in the Philippines
• Minimum paid up capital of USD
200,000.00 (PHP9,000,000.00)
• Resident Agent for the representative
office (must be filipino resident- applied
to any individual legally staying here for
more than 185 days/ year).
• Certification of inward remittance for
minimum paid-up capital to local bank
• Prepare payment for application
Process:
• Reserve, secure & register name from SEC
• Submit completed forms and needed documents
to SEC:
– Cover Sheet
– Name Verification Slip
– Authenticated copy of the Board Resolution
– Articles of Incorporation & By- Laws
– Audited Financial Statements (audited by an
independent Certified Public Accountant of the
home country)
– Proof of Inward remittance (bank certificate)
– Resident Agent’s acceptance of appointment (unless
agent is the signatory in the application form)
– Affidavit of Resident Agent
– Requirements must be authenticated in the
Philippine Embassy/Consulate of the parent
company’s home country.
• Get certificate from SEC
• Secure business registration from local
government of chosen location of business
(i.e. Barangay Certificate, Mayor’s Permit &
Licenses)
• Register business in Bureau of Internal Revenue
(BIR)
• If with employees, register with the following:
– Social Security System (SSS)
– Philippine Health Insurance Corporation (PhilHealth)
– Home Development Mutual Fund (HDMF)

7. Representative Office
Requirements:
• create name of business to be
registered in SEC
• create draft of articles of partnership &
by- laws
• audited financial statements
• board resolution authorizing the
creation and establishment of the
Representative Office in the Philippines
• minimum paid up capital of USD
30,000.00 (PHP1,350,000.00)
• Resident Agent for the representative
office (must be filipino resident- applied
to any individual legally staying here for
more than 185 days/ year).
• certification of inward remittance for
minimum paid-up capital to local bank
• prepare payment for application
Process:
• Reserve, secure & register name from SEC
• Submit completed forms and needed documents to SEC:
• Cover Sheet
– Name Verification Slip
– Authenticated copy of the Board Resolution
– Articles of Incorporation & By- Laws
– Audited Financial Statements (audited by an independent
Certified Public Accountant of the home country)
– Proof of Inward remittance (bank certificate)
– Resident Agent’s acceptance of appointment (unless agent
is the signatory in the application form)
– Affidavit of Resident Agent
* Requirements must be authenticated in the Philippine
Embassy/Consulate of the parent company’s home country.
• Get certificate from SEC
• Secure business registration from local government of
chosen location of business
• (i.e. Barangay Certificate, Mayor’s Permit & Licenses)
• Register business in Bureau of Internal Revenue (BIR)
• If with employees, register with the following:
– Social Security System (SSS)
– Philippine Health Insurance Corporation (PhilHealth)
– Home Development Mutual Fund (HDMF)

8. Contact for Consulting
Philippines Office
Unit 904 OMM-Citra Bldg.,
San Miguel Ave.,
Ortigas Center, Pasig City
Tel. (02) 470-6160
(02) 775-6217
www.pnjgconsulting.com
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