Nueva Vizcaya

Registering a partnership or corporation

Please note the following:

All applications and supporting documents must be in four (4) copies and in A4 size bond paper with a cover sheets.

Documents signed abroad must be authenticated by the Philippine Embassy or Consulate in the country where signed.

Audited Financial Statements and Special Audit Reports must be certified by an independent Certified Public Accountant (CPA), with Statement of Representation filed with the SEC. Said statement must indicate the CPA Cert. No., PRC/BOA No. and the PTR No. of the CPA and SEC accreditation of External Auditor if applicable.

All applications must indicate the Tax Identification Number (TIN) of the incorporators, directors/trustees, stockholders/members for corporations, and partners for partnerships.

1. STOCK CORPORATIONS

Name Verification Slip (on-line or at the Name Verification Unit, 2nd floor, SEC Bldg.)

Articles of Incorporation and By-laws

Treasurer’s Affidavit

Bank Certificate of Deposit (notarized in place where bank is located)

Written Undertaking to Change Corporate Name by any Incorporator or Director **

Clearance from other government agencies (if applicable)

Foreign Investment Application Form F – 100 (for subsidiaries of foreign corporations)

Proof of Inward Remittance by Non-Resident Aliens/Subscribers

2. NON-STOCK CORPORATIONS

Name Verification Slip (on-line or at the Name Verification Unit, 2nd floor, SEC Bldg.)

Articles of Incorporation and By-laws

Bank Certificate of Deposit of at least P1 million, and a statement of willingness to allow the Commission to conduct an audit. (only if a Foundation is to be registered)

Written Undertaking to Change Corporate Name by any Trustee **

List of members and amount contributed certified by the Secretary and Treasurer **

Copy of the Certificate of election or letter of appointment of a bishop, rabbi, presiding priest etc. (only for Corporation Sole)

Master Deed duly entered under the primary entry of the concerned Register of Deeds and Certification that there is no existing similar corporation within the condominium (only for Condominium Corporations)

Certification from the Housing and Land Use Regulatory Board (HLURB) that there is no other existing homeowners or similar associations in the community where the association is to be established (only for Neighborhood Associations)

3. PARTNERSHIPS (GENERAL / LIMITED)

Name Verification Slip (on-line or at the Name Verification Unit, 2nd floor, SEC Bldg.)

Articles of Partnership (For Limited Partnerships, this should be executed under oath “JURAT”)

Written Undertaking to Change Corporate Name by any Partner **

Form F – 105 for partnerships with Foreign Equity               

Proof of Inward Remittance by foreign partners

 CHOOSE A BUSINESS NAME

We suggest you think of at least three business names in case your first preference cannot be registered.

If the name you have chosen is already similar or confusingly similar to a registered business name, your next preferred business name will be considered.

What is an acceptable business name?

In determining whether a proposed business name for registration is acceptable, the following factors shall be considered:

The root word or words of the name shall be considered. (e.g. “Island” instead of “Islander”)

The business name should describe the nature of the business.

It should be comprised solely of any or all of the following:

Letters, numerals, and punctuation marks that are part of the English and Filipino language.

2. SEARCH FOR A BUSINESS NAME

An online search facility is provided in the WEBNRS for you to find registered business names in the Philippines. The search facility should not be used to determine the availability of a business name for registration.  This can only be determined at the time of lodgement of an application to register a business name.

There are two search criteria available for the public, namely Begins With and Contains. You can conduct a search by typing the exact business name or a few words contained in a business name.

(It would be best to enter the name you have chosen in the space provided exactly as you would like it to be registered.)

3. REGISTER YOUR BUSINESS NAME

How do I complete the application?

Complete BTRCP Form No. 16. Information marked with an asterisk (*) is a required field to be filled out. Otherwise, you will receive an error message prompting you to fill them before the succeeding page is displayed.

4. SUBMIT DOCUMENTARY REQUIREMENTS

The list of documentary requirements to be submitted to the proper DTI Office where your business is located is indicated in the Transaction Reference Number (TRN) Acknowledgement found in the last page of the online application form.

The TRN Acknowledgement form should be signed and submitted to DTI also.

5. PAY YOUR APPLICATION

Payment of application fee can be made at the DTI office indicated in your Transaction Reference Number (TRN) acknowledgment form.

Business hours are Monday to Friday, 8:00 am to 5:00 pm.

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