How to Register and Reserve a Business Name in the Philippines

Registering and reserving a business name is the foundational step for any entrepreneur in the Philippines. This legal process ensures exclusive rights to a name and establishes a professional identity recognized by the government. The requirements and procedures vary depending on the organizational structure of the business: Sole Proprietorships, Corporations, or Partnerships.


1. Sole Proprietorships (DTI Registration)

For individuals operating a business alone, the Department of Trade and Industry (DTI) is the governing body for business name (BN) registration.

The Scope of Registration

Unlike corporations, a DTI-registered name is valid only within a specific geographic scope. You must choose one of the following:

  • Barangay: Valid only within the specified barangay.
  • City/Municipality: Valid within the specific city or town.
  • Regional: Valid across the entire administrative region.
  • National: Valid throughout the Philippines.

Registration Process

  1. Online Application: Visit the BNRS Next Gen website.
  2. Name Search: Check the availability of your desired name. DTI uses a "first-to-file" rule.
  3. Submission of Details: Fill out the owner’s information and business scope.
  4. Payment: Fees range from ₱200 to ₱2,000 (plus a ₱30 documentary stamp tax), depending on the scope selected.
  5. Certification: Once approved, you can download the Business Name Certificate.

Key Rules for DTI Names

  • The name must not be offensive or misleading.
  • It cannot include generic words (e.g., "The Grocery Store") without a distinguishing brand name.
  • Names of recognizable people or trademarks are prohibited without consent.

2. Corporations and Partnerships (SEC Registration)

For entities with multiple owners, registration must be handled by the Securities and Exchange Commission (SEC).

Reservation and Verification

The SEC requires a stricter verification process to ensure the name is not "identical, deceptively or confusingly similar" to existing corporations.

  1. SEC Check: Use the Electronic Simplified Processing of Application for Registration of Company (eSPARC).
  2. Name Reservation: Once a name is found available, it can be reserved for a specific period (usually 30 days) for a fee (typically ₱100).

Legal Criteria for SEC Names

The name must include the appropriate corporate suffix as per the Revised Corporation Code (R.A. 11232):

  • Stock Corporations: Must end in "Inc." or "Corporation."
  • One Person Corporations (OPC): Must end in "OPC."
  • Partnerships: Must include "Company" or "Co." and often "L.P." for limited partnerships.

3. General Legal Prohibitions

Regardless of the agency, certain names are legally restricted in the Philippines:

  • Names contrary to law or public policy: Anything inciting rebellion or promoting illegal acts.
  • Governmental names: Names that imply a connection to a government agency (e.g., "Philippine National Police Logistics Service") are forbidden unless authorized.
  • International Organizations: Use of "United Nations" or "UNESCO" is restricted.
  • Banking/Finance Terms: Words like "Bank," "Trust," "Pawnshop," or "Investment" require prior clearance from the Bangko Sentral ng Pilipinas (BSP).

4. Post-Registration Responsibilities

Securing a Business Name Certificate is not a permit to operate. It is merely the right to use that name. To legally open your doors, you must proceed with:

  1. Barangay Clearance: Obtained from the local barangay where the business is located.
  2. Mayor’s/Business Permit: Obtained from the City or Municipal Hall.
  3. BIR Registration (Form 1901 or 1903): To obtain your Tax Identification Number (TIN) and Authority to Print (ATP) receipts.

Validity and Renewal

  • DTI Certificates: Valid for 5 years. Renewal can be done as early as 6 months before the expiry date.
  • SEC Names: Valid for the duration of the corporation's existence (which is now perpetual under the Revised Corporation Code) unless the corporation is dissolved or the name is changed.

Note: Failure to register a business name while engaging in trade may result in administrative fines or the closure of the establishment by local authorities.

Would you like me to draft a checklist of the specific documents needed for a Mayor’s Permit application once your name is registered?

Disclaimer: This content is not legal advice and may involve AI assistance. Information may be inaccurate.