Step 1: Business entity registration
A.) Sole proprietorship – Register with the Department of Trade and Industry
B.) Partnership/Corporation – Register with the Securities and Exchange Commission
C.) Cooperative – Register with the Cooperative Development Authority
Step 2: Business permit
Apply for the business permit and license from the city or municipality where the business is located. Secure sector-specific clearances such as Department of Tourism (DOT) for travel agencies, Food and Drugs Administration (FDA) for food and cosmetics, and Department of Education (DepEd) for learning centers.
Step 3: Register with BIR
Register with the Bureau of Internal Revenue District Office where the business is going to be located for authority to print Invoice and Book of Journal.
Step 4: Other registration requirements
Register your business with the following offices to comply with existing regulations:
A.) Social Security System (SSS)
B.) Department of Labor and Employment (DOLE)
E.) Department of Environment and Natural Resources
Subscribe to our weekly newsletter to receive all the tools and solutions entrepreneurs need to stay updated on the latest news in the industry