A by cathy.

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I am Cathy. I am a Certified Public Accountant and a business consultant for years. I want to share my expertise thru this blog which is intended to help people who are planning or who are already in business. The topics range from Accounting for Small Business, Cash Management, Inventory Management, Assets Management and Financing. The terminologies will be simplified for laymen and business jargons will be explained for clarity.

Friday, June 02, 2006

Applying for a Business name

1. Choose at least three business names so that in case one or two are already taken, there is one more left.

The system allows the applicant to search on-line if the proposed business is available. The final determination on the availability and suitability of the name will be made by a DTI Examiner.

2. Information required when completing a registration on-line.

2.1. Tax Identification Number (TIN)
2.2 Email address
2.3 Zip code

If the business being registered is a branch, a franchise or was acquired from previous business there is a need to provide the exact business name of the franchise, main office and/or certificate number and date of registration of the acquired business.

2.4 Other information required to complete the application form :

2.4.1 Nature of business activity/ties
2.4.2 Product/s or Services
2.4.3 Philippine Industrial Classification System (PSIC) code for the nature of the business

3.0. After the submission of the application, it is going to be reviewed by a DTI Business examiner for completeness.

A transaction Reference Number acknowledgement Form has to be returned to DTI so that registration is completed.

4. Pay your Application

The completed application and correct fee is paid at the DTI office indicated in the transaction reference number (TRN) acknowledgment form.

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