Do Corporations Need DTI?

Reasons to Register with DTI

  • DTI facilitates registration of businesses operating in the Philippines.
  • All types of businesses are required to register with DTI to operate legally in the country.

Requirements for DTI Registration

  • Applicant must be at least 18 years of age.
  • Have 1 valid ID (SSS ID, GSIS, Voter’s ID, PRC license, Driver’s License, Passport, or government-issued ID).
  • Be a Filipino citizen or foreign national aged below 18 with proof from a country where the legal age is lower than 18.

Registration Process

  • You can ask a representative to register for you with a valid ID and an authorization letter.
  • The registration process involves submitting necessary documents and information, paying registration fees, and complying with legal requirements.

Cost of Registration

  • Regular filing within 90 days after the expiration date.
  • Late filing within 90 days after the deadline of regular filing, subject to a surcharge.
  • Failure to renew within the grace period will result in the cancellation of the DTI Certificate of Registration.

Transfer of Ownership

  • If you transfer ownership of your business, the new owner must register the business under his/her name.

Permits for Starting a Business in the Philippines

  • Registering your business with the Department of Trade and Industry (DTI) is a smart choice for entrepreneurs in the Philippines. It is relatively easy to do, and this guide will walk you through the DTI registration process.

Leave a Comment