BORONGAN CITY- The Department of Trade and Industry (DTI) – Eastern Samar Provincial Field Office (DTI-Eastern Samar) calls on business owners to renew their registration.
The same appeal is done to new business owners to register their business names as this gives business owners an exclusive ownership to a business of their choice.
Ligaya D. Catuday, senior trade and industry development specialist, said that submitting applications to register business name by starting business owners this January 2019 is timely.
She added that getting a business name in DTI is the first step to secure a mayor’s permit and is also used to register at the Bureau of Internal Revenue (BIR).
Catuday added that Borongan City as well as other major trading centers puts up a one-stop shop at the start of the calendar year for processing the mayor’s business permit.
Included in the one-stop shop are the departments of the city or municipal government and some government agencies part in licensing like DTI, PhilHealth, Pag-ibig, BFP, DOH-City Sanitary Inspection.
The LGU one-stop-shop started operation from January 3, 2019 and will end on January 20, 2019.
Those who will not be able to register their businesses in the said dates are advised to just register at the Negosyo Centers.
Fees may differ depending on territorial scope. In the barangay level, one may pay P215; in municipalities and cities, P515; regional, P1,015.; and the national is P2,015.
The permit gets released within 15 minutes or the normal transaction through online registration. But due to slow internet connection and the high volume of applicants, the transaction is finished on the next day
Last year, DTI netted some 1,195 business establishments where most of these are retail trading. (SDC/PIA-E. Samar)