Sole proprietorship - business license & permits

[sentiments]

1. provided na napa-register ko na yung business name ko sa DTI (sole proprietorship lang kasi) ano sunod na step para maging licensed na yung business ko?


2. un na ba yung pupunta ako sa LGU (local gov't unit) ng location ng business ko? (ex. makati ang location ng business ko, so munisipyo ako ng makati kukuha ng license?)


3. ano pu yung surety bond? physical money ba yun na ibibigay sa LGU (ex. munisipyo ng makati)............


4. anu-ano pu reqmts para sa isang sole proprietorship type of business? kelangan pa ba ng feasibility report, etc. kung maliit lang naman yung business?


5. ano pa pu dapat naming malaman at ipe-prepare pag kukuha ng business license?

salamat ng marami!!!

[KuyaDanny]

Next step is to get permits from your city. For Makati, procedures are listed here.

A surety bond is like an insurance policy - you pay a premium and the bonding company (usually also an insurance company) issues a bond which the beneficiary may claim against in the event certain conditions specified in the bond are violated. The premium paid is less than the face amount of the bond.

[sentiments]

thanks kuya danny.... can i do away with this surety bond? super liit lang kasi *** balak kong itayo na business....... tapos home-based pa....

tsaka pu meron pa pu kayo ibang links na alam dun sa pagkuha ng permit? down kasi ang site ng makati (http://www.makati.gov.ph/forms/bpoproc.php)

[KuyaDanny]

Not sure. Whose requirement is the bond, anyway?

[sentiments]

naririnig ko *** *** surety bond..... nde ko alam kung applicable un sa lahat ng klase ng business.....

may idea kayo kung anu-anong type of business ang kelangan ng surety bond?

[KuyaDanny]

Surety bonds are usually required of contractors by their customers. I doubt if a bond is a requirement to get permits, though.

[sentiments]

sa mga nakapag-try nang magpa-register ng business name:

gano pu katagal (ilang oras/ilang araw) ang process ng pag-register ng business name sa DTI (sole proprietorship)?


dun naman sa nakapag-try nang kumuha ng business license sa munisipyo ng makati:

gano pu katagal (ilang oras/ilang araw) ang process ng pagkuha ng business license kung sole proprietorship sa makati kung ang line of business ay nde kelangan ng building (kasi home-based)/van/health permit.....

and magkano pu binabayaran sa business license ng sole proprietorship?

[Jonga]

so are there any money generating business that do not require us to go through these troubles?

yung mga nagbebenta ng dyaryo sa kalye? they don't paty tax ryt?

[sentiments]

eto ang aking very first attempt na magtayo ng sole proprietorship biz...

up ko lang...baka makatulong sa iba...

[LindaPH2010]

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[charlesdarwin21]

eto ang aking very first attempt na magtayo ng sole proprietorship biz...

up ko lang...baka makatulong sa iba...

Hi sentiments. i'm also in the process of starting my first biz. nakakakaba. how did this biz of yours perform?

[trailblazer_boy]

Ok, I can answer your questions =) Kasi i have an IT business (work from home eto ha). To put it simply tatlo lang kelangan mo:

1. DTI:
Kelangan mo iregister yung business mo dito. I forgot the exact amount pero maliit lang. Ang importante lang dito ay maverify nila na walang kapangalan yung business name mo. Natapos ko eto same-day. Dun ako sa Highway 57 (or 56 ba yun) sa EDSA. I suggest you do it in the morning para tapos ka agad.

2. Business Permit from your city/ Mayor's Permit
- In my case sa QC ako kumuha. Sobrang daming requirements... electrical, fire, locational, etc. Nabwisit ako kasi work from home lang ako tapos ang daming requirements. Kaya nagbayad na lang ako dun sa kapitbahay ko na may contact... hay... mga 8thou in total ata nagastos ko para lang dito.

3. BIR
- Eto na yung last step. Required kasi yung DTI at Mayors Permit. I forgot yung requirements pero madali lang naman sa BIR... walang corruption... medyo matagal nga lang... mga 2 weeks.

** After my adventure... narealize ko na *** quezon city hall yung pinaka corrupt. Maayos *** DTI at BIR. Siguro dahil Sole Prop lang kasi sya

*** Wala naman akong physical store tska di ako nagiisue ng receipt. Sabi nga friend ko dapat DTI lang ginawa ko.... come to think of it tama nga sya hehe.

[jomi_schwartz]

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