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level: CHAPTER 21

Questions and Answers List

level questions: CHAPTER 21

QuestionAnswer
REGISTERING DENTAL CLINIC: easietsingle proprietorship
REGISTERING DENTAL CLINIC: requires more elaborate procedures.corporation
administers the registration of business namesDTI-NCR
REGISTER YOUR BUSINESS NAME ATDepartment of Trade and Industry
Filipinos with names suggestive of alien nationalitybirth certificate, PRC ID, voter's ID,passport
Filipino citizenship by naturalization, election, or by other means provided by lawnaturalization certificate & oath of allegiance /card issued by the Bureau of Immigration and Deportation and affidavit of election & ID card issued by the Bureau of Immigration and Deportation.
Business name registration fee (single)300
Business name registration fee (corporation/ partnership/ cooperative)500
penalty if the BNRS certificate is not renewed before within the 3-month grace period from the certificate's expiration date100
is the government agency that gives the business enterprise its legal personalitySecurities and Exchange Commission (SEC)
Register your business atSecurities and Exchange Commission (SEC)
any person who uses the services of another person in business, trade, industry or any undertaking must be registered with the SSS.Employer
Social, civic, professional, charitable and other non-profit organizations, which hire the services of employeesEmployer
Registering with the Social Security System (SSS): singleSSS Forms R-1 (Employer's Data Record) & R-1A (Initial or Subsequent List of Employees).
Registering with the Social Security System (SSS): partnershipSSS Forms R-1 and R-1A & photocopy of the Articles of Partnership
Registering with the Social Security System (SSS): corporationsSSS Forms R-1 and R-1A signed by its president or any of the corporate officers or incorporators & photocopy of the Articles of Incorporation
All cooperatives are required to register with the CDA as per R.A. ___6938
Every business enterprise has to register with the __ for taxation purposes.Bureau of Internal Revenue (BIR)
agency which monitors compliance with labor lawsDepartment of Labor and Employment (DOLE)
Department of Labor and Employment (DOLE): company is encouraged to register with this many employees≥ 5
Department of Labor and Employment (DOLE): registration is mandatory with this many employees≥ 50
administers the registration of establishmentsBureau of Local Employment
All businesses, whatever the legal form, are required to secure a mayor's permit or municipal license from the municipality or city where they are locatedRegistering with the Local Government