We have made a simple yet, comprehensive step-by-step business registration guide to jumpstart your business to help you skip the long lines and hassle-filled transactions in the Philippines.
What if you can register your business at a budget-saving amount, combined with easy and minimal work? Our Business Registration Services are customized according to our clients’ needs. Our clients can enjoy the convenience of having multiple services accomplished through our complete selection of Business Registration Plans.
Some of the perks you can enjoy include having a Virtual Office Address, and a Dedicated Account Manager. Check out the step-by-step this business registration guide on how to have your business registered at a hassle-free and budget-saving process.
→ What is a business type? In layman’s terms, a business type is the structure of a business. The four types of businesses include sole proprietorship, partnership, corporation, and Limited Liability Company (LLC). Each type of business is unique and has special considerations when it comes to legal and tax implementation.
If you’ve just started a business under the category of Sole Proprietorship, and you’re planning to legitimize your business, follow the steps below to have your business registration accomplished in the easiest way possible.
You may accomplish your business registration online or in person at the nearest DTI branch in your area of residence or business location.
Fill out the Information sheet assigned for the owner of the business (this would be you if you are registering for your own business). Once accomplished, click on “Next” to proceed to the next step.
Fill out the fields which apply to your Business Name and Scope.
Receive your assigned reference number (screenshot or capture with another device). Your reference number must be duly taken note of as this will be used in all your succeeding transactions with your DTI business registration.
As you click on “Continue,” fill out the required information, such as:
Congratulations! You’ve made it halfway through! In this step, carefully review the information you provided and include your working contact information. Once reviewed, click on “Confirm.’
Read and understand the conformity undertaking and click on “Proceed.” After this step, you may now download your filled-out application.
You’re almost done! Once everything is confirmed, accomplish the payment through the provided channels of the payment transaction. The DTI system accepts payment methods made through GCash, Link.Biz, Landbank, Paymaya, Credit, and Debit cards.
When you’ve confirmed your payment, click on “Register New Business.”
CONGRATULATIONS! Your business name is registered!
1. Visit the tab which says “Transaction Inquiry” which is presented under “Business Name Services” of the DTI Website. Read and Understand the Terms and Conditions, and click on “I Agree.”
2. Type in your given reference number in the provided space, once you do so, you will receive an email with a code to verify your registration.
3. Input the code to access the Transaction Summary where you will find the downloadable certificate of your Business Name Registration.
That was quite a process, wasn’t it? If you’d like to skip the trouble, head down to the Weremote website and we’ll accomplish ALL the tasks for you, through our Business Registration Service and you can skip this business registration guide. Save time and money when you book for a Business Registration Service with us. Click here to get started!
→ A One-Person Corporation or “OPC” is a business structure that consists of one stockholder. The abbreviation “OPC” is required to be indicated in the company’s name, similar to using “Inc.” for companies that are incorporated, or “LLC” for Limited Liability Companies.
A person who is of natural nationality can create a corporation under the category of OPC. The corporation will be subject to statutory restrictions and constitutional requirements in areas of investment and business legitimization.
While a Sole Proprietorship business registers with the Department of Trade and Industry, a One-Person Corporation on the other hand must register with the Securities and Exchange Commission, and accomplish the requirements below.
One of the perks of registering as a One-Person Corporation is the need for no minimum capital stock unless you are specified to do so. This process is extended to foreigners hoping to create a business under the One-Person Corporation in the Philippines.
In addition, a business that is a One-Person Corporation is not required to pay up a percentage of any capital stock once the incorporation has been made, again unless specified by law.
1. Article of incorporation, that includes:
2. Written consent from the Nominee and Alternate Nominee
3. Other applicable documents, which may be:
NOTE: If your selected company name is unavailable, or rejected, you may submit a Letter of Appeal to the Securities and Exchange Commission.
Now wasn’t that a long story? Perhaps you don’t know where to begin or you’d like to skip this business registration guide, the hassle of filing and accomplishing all these documents and tasks. Not a problem! At Weremote, we offer affordable and startup-friendly services for Business Registration. Enquire now and have your registration made with our service!
→ A Domestic Incorporation is a business structure that is composed of natural Filipino citizens of legal age, with at least one (1) capital of share stock in the corporation, while the remaining majority of the corporation are Philippine residents. In a Domestic Incorporation, it is required to satisfy the requirements of statutory laws, which require at least five (5) and no more than fifteen (15) incorporating individuals.
It seems a little too tedious to have a business registered during the ongoing health hazard. There’s a lot of stress when it comes to forms and long lines, but fear not, because we have a solution for you! Our Business Registration Service here at we would save you the money, time, and effort! Check out our Business Registration Services now! Click here to learn more.
Are you a foreign business-minded person looking to register your Foreign Corporation in the Philippines? Look no further, because we have the steps that will guide you through your business registration journey.
→ A Foreign Corporation is another type of business structure that has been incorporated in a different country, outside of the Philippines. This type of business operates locally but has been established outside the Philippines.
Foreign corporations who wish to establish their business in the Philippines are required to accomplish the License to Do Business from the Securities and Exchange Commission before beginning operation in their local office and branches.
It seems a tad too troublesome to accomplish all these alone, especially if you’re new to the Philippines, and still know very little about the how to’s of the country’s business ethics even with this business registration guide. To have an easier process for your business and yourself, check out our Business Registration Services and we’ll do all the work for you. We know the process like the back of our palm, which is why we can offer you the best and most cost-saving service. Check out our services by clicking here.
→ Are you somebody who works as a performance-based, per-job, per-task independent professional? This is often called Freelancing. Being a freelancer means you engage in labor work independently, and earn your profit through short-term contracts. Your occupation as a self-employed, independent contractor, allows you to have different and multiple clients for varying fields of industry.
Perhaps you’re wondering, why would you need to register your freelance business in the Philippines. To answer this question, here are a few points we’d like to cover to enlighten you.
→ Unlike the other mentioned business structures, a Licensed Professional in business terms means that an individual is authorized to perform a skilled activity based on approved qualifications. An example of a Licensed Professional is a Psychometrician. A Psychometrician is a person who has passed a board examination and has earned a license to practice. When a Psychometrician wants to open a clinic to practice the profession, he/she must secure a legitimized registration to continue.
Luckily, Weremote offers a Business Registration service for Licensed Professionals. Among others, the registration of a Licensed Professional business would give you the leeway to perform more effectively because your clients or patients can trust your credibility.
Being a Licensed Professional could branch from anything, be it a Psychometrician or a Teacher. Say you want to start your tutorial school, you can have your Business Registration easily accomplished at cost-saving routes. Don’t miss the opportunity, and register your Licensed Professional Business now!
→ Sole Proprietorship is another business structure that is characterized by having one individual who has full control over the business. In a Sole Proprietorship company, the individual owns all assets and profits of the business.
While the startup scene in the Philippines is booming, business structures such as a Sole Proprietorship, experience the flexibility and advantages of business individuality.
If you hope to run a company of your own, or perhaps you’ve already started one recently, you can have your startup registered easily through the Weremote Business Registration service. You don’t want to be billed with fines because of operating a non-registered business, right?
→ A General Partnership is another form of business partnership that is constructed by two or more individuals who agree on a share for assets, profits, legal liabilities, and the business’ financial involvement. A General Partnership is one of the most common partnerships in the Philippines, it is a partnership that forms countless business firms as it shares assets and liabilities among two or more individuals.
The list can go on depending on the industry of your business, you would also need to acquire health and sanitation permits that may be required for your business to operate. It could take a long time for your business to begin and papers can pile up continuously, which is why we offer a foolproof solution for your business.
Nobody wants long lines, costly fees, missed deadlines, and opportunities. Even with this business registration guide, it would be still tedious to do it alone. Work smart and save the maximum cost when you start your business with us! Whatever you need, from name registration to mail handling, you can find it here, at Weremote – your trusted partner in business! Skip the hassle, and start now.