Business Name Registration with DTI

DTI Business Name Registrations

List down your Proposed Business Name

Unique business name is as very important to some owners for the success of their business. A good name recall of business name really helps a lot to any type of business or industry thus most generic name or words are the most widely used names.

As I am registering my own business name for a brokerage business is quite frustrating (not with the DTI staff but with limitation to get preferred business name) likewise to other applicants at the day of registration. As the registration staff explained, there are millions of businesses registered nationwide and it should not be the same on the records, and accordingly with the below requirements.

Business Name that are NOT registrable are:

           - Those which are or whose natures of business are illegal, offensive, scandalous, or contrary to propriety (e.g Popoy’s Jueteng Betting Place, Boobs Massage and Spa) 


           - Names that are the same, nearly the same as or confusingly the same with an existing registered business, company, partnership, corporation, cooperative name; nor it infringes on any trademark, service mark or tradename (e.g Anne Dok’s Lechon, Jolibee, Starbax CafĂ©) 


            - Names composed purely of generic or geographic words (e.g The Laundry Shop, Bacolod)


            - Names which by law or regulation cannot be appropriated (e.g OTOP, Intelligence, State College, CALBARZON)


            - Names used to designate or distinguish, or suggestive of quality of any class of goods, articles, merchandise or service (e.g Best Taho Factory, A-1 Auto Repair Shop) 

             - Names or abbreviation of a name used by the government in its governmental functions (e.g NBI Private Investigation Services, DTI Trading) 

              - Names or abbreviation of a name of any nation, intergovernmental or international organization (e.g Philippine Manpower Pooling Agency, UNESCO Marketing) 

               - Names that are deceptive, misleading or which misrepresent the nature of the business (e.g “ABC Construction Services” where nature of business is recruitment, a business name carrying another person’s name)


And for my real estate brokerage business, names like Rome Land Realty, Rhome Realty are not allowed likewise other generic names such Quality Homes Realty, Best Properties Realty and others.


Read also: FAQs in Business Name Registrations


Requirements in registering a Business Name

              - Two copies of completely filled up application forms signed by the owner. Note that only the owner is authorized to sign the application form.
              - Payment of registration fee plus documentary stamp tax.
Application Forms

               - The forms are available at all DTI Offices. It may also be downloaded from the DTI-NCR (www.dtincr.ph) or DTI-BNRS (www.bnrs.dti.gov.ph) websites.

Per DTI Department Administrative Order No. 10-10, series of 2010, starting 03 January 2011, the following registration fees for every application for registration of BUSINESS NAME (original and renewal) depending on the territorial jurisdiction covered in the application are as follows:

         Barangay                         PHP 200.00
         City/Municipality              PHP 500.00
         Regional                          PHP 1,000.00
         National                          PHP 2,000.00

Presentation of original copy of one photo-bearing national issued Identification Document (ID) with signature.

Foreign applicants must present the original and submit clear certified copy of the Certificate of Authority to Engage in Business in the Philippines.


DTI Branches
There are two (2) modes in registering business names: 

Purely over the counter - Registration can be done at any DTI Field Office. Here in NCR,       DTI-NCR has four Area offices. 

- Area 1 - Mezzanine Floor, Roxas Strip Bldg., Roxas Blvd. corner Arnaiz Avenue, Pasay City
- Area 2 - Penthouse Level, Goodland Building, 377 Sen. Gil J. Puyat Avenue (Buendia) Makati City, (near DTI International Building)
- Area 3 - G/F Highway 54 Plaza, EDSA, (Across SM Megamall) Mandaluyong City
- Area 4 - 5/F Araneta Square Mall, Monumento Circle, Kaloocan City

Online end-to-end – File application online at www.bnrs.dti.gov.ph, fill-up application form, pay the required fees to your nearest DTI field office, and have your certificate printed. Visit the nearest to DTI field office within 5 working days and present any national government national issued Identification Document (ID) and the duly-accomplished application form with signature.

Source: http://dtincr.ph/

Finally, I got our realty name JFMorada Realty, from my name.

Are you now ready for your Business Name Registration? From registration window to payment and printing section would take around 15 minutes or more depending on the availability of your listed business name and internet connection of their system and the number of people waiting in line for the registration of their business.


Read also: Filing Income Tax Return (ITR) in the Philippines


Make sure every details like spelling are correct and territorial jurisdiction is right. Incorrect spelling or a mistake in territorial jurisdiction may no longer be allowed for correction and may require you to register a new name.

As the DTI staff said, generic names are only allowed for business name registration of a corporation under Securities and Exchange Commision.

Good luck!


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About the Author

Jerome Morada

Realtor & Webmaster

Good day! I'm Jerome, your friendly Real Estate Broker with PRC License 0012399 and HLURB registration. Just sharing simple tips, please share if you find it useful! Thanks!

5 (mga) puna:

  1. Thanks for the info.

    ReplyDelete
  2. Ahh hindi pala pwede ang kahit anong name lang, mas possible pala ang sariling name para sigurado. salamat

    ReplyDelete
  3. Saan po ba ang DTI branch dito sa Laguna, gusto ko po magparegister ng business. thanks

    ReplyDelete
    Replies
    1. Please look for this url, for DTI Regional Branches... http://www.dti.gov.ph/dti/index.php?p=140

      Thanks.

      Delete
  4. Good Morning Sir. Tanong ko lang kung meron bang DTI office inside SM Megamall wherein i can apply for a business name? Thank you in advance

    ReplyDelete

 
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