NegOcc firms urged to register biz name early

first_imgThrough the hub, enterprises can renewtheir business name registration while newly-established companies can alsoapply for listing. Although the penalty for failure toprocess or renew is minimal, erring establishments can be subjected to closureas business name registration is one of the requirements in obtaining a mayor’spermit from the local government unit. A business name registration, which isvalid for five years, provides a legal personality to an enterprise. Beinglegitimate enables an enterprise to avail of assistance from government and privateagencies. “All enterprises engaged in businessregardless of capitalization are mandated to get their business nameregistration from the DTI. The renewal can be processed as early as 180 daysprior to the expiry,” Tupas said. Engiemar Tupas, officer-in-charge of theIndustry Development Division of DTI-Negros Occidental, said since the NegosyoCenter in this city is open only until Friday, the last working day of theyear, processing will resume on Jan. 2. Registrants are required to bring onlyphotocopies of their valid identification cards.center_img The DTI collects a fee of P230 from businessesin the barangays and P530 for those in cities and municipalities. The fee is P1,030for regional businesses and P2,030 for those national in scope. Enterprises outside Bacolod may alsoprocess their business name registration in other Negosyo Centers located inthe cities of Sipalay, Kabankalan, Himamaylan, La Carlota, Bago, Talisay,Silay, Victorias, Cadiz, Sagay, Escalante, and San Carlos. BACOLOD City – The Department of Trade and Industry urged enterprise owners inNegros Occidental not to wait for the deadline but visit early itsoffice to process their business name registration. The DTI has also established NegosyoCenters in the towns of Hinoba-an, Cauayan, Binalbagan, Isabela, La Castellana,San Enrique, and EB Magalona. (With a report from PNA/PN)last_img

Leave a Reply

Your email address will not be published. Required fields are marked *