Starting a business can be an exciting journey, and in the Philippines, registering your business name with the Department of Trade and Industry (DTI) is a crucial first step.
You can find more information about the DTI on their official website (www.dti.gov.ph).
This registration not only legitimizes your enterprise but also opens doors to various benefits, such as access to government programs and financial assistance.
As we step into 2025, over 200,000 new businesses have registered with the DTI, primarily in the retail and trade sectors, highlighting the rise of entrepreneurial spirit in the Philippines. It’s essential to be aware of the latest DTI registration fees and any updates compared to previous years.
What is DTI Registration?
DTI registration officially registers your business name with the Philippine government.
This ensures your chosen business name is unique and protected, allowing you to operate legally.
While generally mandatory for sole proprietorships, partnerships, and corporations, online businesses may not need to register with the DTI before obtaining a Mayor’s Permit.
DTI Registration Fees for 2025
The DTI registration fee depends on the geographic area where your business can operate. This is referred to as the “territorial scope” of your business. The fees for 2025 remain the same as in previous years.
| Territorial Scope | Registration Fee (PHP) |
|---|---|
| Barangay | 200 |
| City/Municipality | 500 |
| Regional | 1,000 |
| National | 2,000 |
A Documentary Stamp Tax (DST) of PHP 30 is also required. Remember to pay the registration fee within seven (7) calendar days of your application to avoid your registration being canceled.
Choosing a Business Name
Before registering your business, it’s crucial to select a suitable name. Ideally, your business name should be:
- Easy to remember and pronounce: This helps with branding and customer recall.
- Descriptive of your business: The name should give potential customers an idea of what you offer.
- Unique: Avoid names that are too generic or similar to existing brands.
- Appropriate: Ensure the name doesn’t contain offensive language or misleading information.
How to Register Your Business with DTI
The DTI provides a convenient online registration system through its Business Name Registration System (BNRS) portal. Here’s a step-by-step guide:
- Visit the BNRS Portal: Go to https://bnrs.dti.gov.ph/ and click “Register Now.”
- Provide Information: Fill out the online form with your personal and business details. You’ll need to provide the following documents:
- DTI application form
- Two valid government IDs
- Barangay Clearance
- Proof of address
- For foreign nationals: Alien Certificate of Registration and Certificate of Registration for Sole Proprietorship or a Certificate of Authority to Engage in Business in the Philippines
- For refugees or stateless people: Certificate of Recognition issued by the DOJ-RSPPU
- Choose Business Name and Scope: Select your desired territorial scope and enter your proposed business name.
- Check Name Availability: Ensure your chosen name is unique and available.
- Pay the Fee: Select your preferred payment method and pay the corresponding registration fee and DST (see the table in the “DTI Registration Fees for 2025” section).
- Receive Certificate: Once approved, you’ll receive your Certificate of Business Name Registration (CBNR) via email.
In line with the government’s efforts to streamline business processes, the DTI has announced that business name registration and renewal are fully online in 2025.
This makes it even easier for entrepreneurs to register their businesses from the comfort of their homes or offices.
Read also: How Many Days to Get a DTI Permit?
DTI Registration Renewal
Your DTI registration is valid for five years. It’s crucial to remember that business permits, including DTI registration, must be renewed annually in January. To renew your DTI registration, you have three options:
- Early Filing: You can file for renewal 180 days before the expiration date.
- Regular Filing: You can renew within 90 days after the expiration date.
- Late Filing or Grace Period: If you file within 90 days after the regular filing period, you’ll need to pay a surcharge of 50% of the registration fee.
Failure to renew within the grace period may result in your business name being removed from the DTI database and becoming available for others to register.
| City | Deadline |
|---|---|
| Makati | January 31 |
| Caloocan | January 22 |
| Las Pinas | January 22 |
| Malabon | January 20 |
| Mandaluyong | January 31 |
| Manila | January 20 |
| Marikina | February 28 |
| Navotas | January 20 |
| Pasay | January 20 |
| Pasig | January 20 |
Why Register Your Business with DTI?
Registering your business with the DTI offers numerous advantages:
- Legal Recognition: It legitimizes your business and allows you to operate legally, providing a solid foundation for your entrepreneurial endeavors.
- Brand Protection: Registering your business name protects your brand identity and prevents others from using it, safeguarding your unique market presence.
- Access to Government Programs: DTI registration can open doors to government programs and financial assistance, providing valuable support for your business growth. For example, registered businesses can access the DICT Startup Grant Fund.
- Credibility: Registration enhances your credibility with suppliers, customers, and partners, fostering trust and confidence in your business.
- Easier Compliance: It simplifies tax compliance and other legal requirements, ensuring you operate within the bounds of the law. DTI registration can also help with securing financing from banks and other institutions.
Don’t wait!
Registering your business with the DTI is a vital step towards entrepreneurial success.
Take advantage of the online registration system and secure your business name today.
Visit the DTI BNRS portal to get started.
Conclusion
Registering your business with the DTI in the Philippines is a simple process with significant benefits.
You can ensure a smooth and hassle-free experience by understanding the registration fees, renewal process, and online registration system.
The DTI has maintained stable registration fees for 2025, making it more accessible for aspiring entrepreneurs to formalize their businesses. The fully online registration and renewal process further streamlines the procedure, saving business owners time and effort.
Remember that timely renewal of your DTI registration is crucial to avoid penalties and maintain your business’s legal standing.
Take the leap and register your business today to embark on your entrepreneurial journey with confidence.
Read also:
- How to Cancel DTI Registration Online (Quick & Easy)
- Getting a Business Permit Without BIR 2303: Fact vs. Fiction