CITY OF SAN FERNANDO, Pampanga — Department of Trade and Industry (DTI) warns the public from engaging the services of unauthorized individuals who promise to facilitate the registration of their business name, whether online or personal transaction.
“We give this warning against illegal fixers after reports of individuals charging fees for the online registration of the business names of micro, small and medium enterprises. This is illegal and insensitive at this time of the coronavirus disease pandemic,” DTI Regional Director Judith Angeles said.
While the DTI is now providing online business name registration, the agency does not authorize any individual or organization to facilitate business name registration and charge exorbitant registration fees.
“Registrants should ask for an Official Receipt as proof of payment for their business name registration. The registration can be done online and fees can be paid through Paymaya, GCash or registrants can pay at the nearest provincial office in their area,” Angeles added.
Fees for business name registration depend on the geographical scope of the business name.
The authorized fee is PhP200 + PhP30 for documentary stamps for those barangay in scope, PhP500 + 30 for those municipal/city in scope, PhP1,000 + 30 for those regional in scope, and PhP2,000 + 30 for those national in scope.
“Businessperson can go online to www.bnrs.dti.gov.ph to download the application form and apply for their business name. Inquiries may also be made at [email protected],” Angeles furthered.