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Business Registration Services
Got big plans? Lay the groundwork for growth and register your business. We’ll take on the burden of preparing documents, filling out forms, queuing in lines, and completing other tasks that divert you from your core business. Spend your time where it matters. Making your business official is a maze of paperwork, fees, and never-ending queues. Simplify your life and hire us to get the job done right. Save time. Save money. No headaches, no surprises. Let us handle your Business Permit and Licensing requirements.
Dedicate your resources on scaling up
Let FullSuite handle the paperwork, permits and processes.
Individual
Inquire NowCertificate of Registration
Authority to Print
Ask for Receipt Plate
Stamped Manual books of accounts
(BIR*)
Official Receipts or Invoices
(BIR Authorized Printer)
Sole Proprietorship
Inquire NowBusiness Name Registration
Department of Trade & Industry (DTI)
Barangay Clearance
Barangay Plate
(Local Barangay*)
Mayor's Permit
Sanitary Permit
Fire and Safety Permit
Business Plate
CGL Insurance
other permitss
(City Hall*)
Certificate of Registration
Authority to Print
Ask for Receipt Plate
Stamped Manual books of accounts
(BIR*)
Official Receipts or Invoices
(BIR Authorized Printer)
Add-on Services
BIR Loose-leaf Application
BIR Electronic Filing and Payment System
SSS, PhilHealth, Pag-ibig Registration
Corporate / Partnership
Inquire NowArticles of Incorporation
Securities & Exchange
Commission (SEC)
Barangay Clearance
Barangay Plate
(Local Barangay*)
Mayor's Permit
Sanitary Permit
Fire and Safety Permit
Business Plate
CGL Insurance
other permitss
(City Hall*)
Certificate of Registration
Authority to Print
Ask for Receipt Plate
Stamped Manual books of accounts
(BIR*)
Official Receipts or Invoices
(BIR Authorized Printer)
Add-on Services
BIR Loose-leaf Application
BIR Electronic Filing and Payment System
SSS, PhilHealth, Pag-ibig Registration
What is Business Registration?
While conceptualization is the first step in forming a business, the official start will be registering your business to the proper agencies. While it may seem daunting and tedious to register your business, remember that it is the official step to properly and legally run your business.
Depending on the scale, whether you have a sole proprietorship, individual, partnership, or corporation, there are different steps to register your business.
Sole proprietorship is a business where one individual owns the business itself. As a sole proprietor, the owner takes on full responsibility for the business itself. It is a popular business set up because the owner simply registers the business in their name. They may also register the business with the name of the business but this is not a separate legal entity to the business owner. One distinct disadvantage is if the company runs into financial trouble and lawsuits are filed against them, the owner will be solely responsible for the debts and they will have to pay from their own pockets.
If an individual does not want to register as a sole proprietor for his or her business then they may opt to register as a one person corporation or OPC. In the Philippines, this type of corporate entity was only introduced in 2019 by the Security and Exchange Commision (SEC) as one of the major additions of the Revised Corporation Code. When registering as an OPC, a business owner can separate his own assets with those of his business therefore limiting creditors if the business goes under. Creditors cannot go after the personal assets of the owner only of the company itself.
Partnerships are the next type of business entity. While the name suggests only two owners it may reach more than that. When registering under a partnership, the owners share their capital and also liabilities within the company. Depending on whether your company is of general or limited partnership, certain owners may bear more of the burden should the business go into debt. In general partnerships, the company’s obligations and liabilities are equally shared among the owners of the company while in a limited partnership, some partners will only have limited liabilities depending on their capital contribution.
Corporations are the biggest of all the business entities in the Philippines and they require a minimum of five shareholders and a maximum of 15. All shareholders are required to hold at least one share and the liabilities of each one are limited to the amount of their capital share. Liabilities of the business are separate from the shareholder’s own personal assets.
Why Choose FullSuite for your Business Registration Needs
Speed
FullSuite aims to provide your company with the quickest service it could receive all the while ensuring the high quality we pride ourselves in. Here at FullSuite, we set high goals and strict deadlines for ourselves to provide for your business registration needs. Once you contact and hire us, our team of professionals will start immediately working on what you need and you can rest easy knowing that we are hard at work providing you our services. Our team will work on your company needs immediately so that your company can function immediately, losing minimal time. After all, time is money.
In-house Pool of Experts
Here at FullSuite, we have experts to guide you and your company through the whole process of the business registration. From initial contact with us to the end of the process, our team of experts will be there to guide you. We take pride in our transparency and expertise and our team will share with you everything that you need. We not only help set your business up but we will give you all the information you need to make informed decisions along the way, readying you for any circumstance and lessening, if not eliminating, possible exposures.
Value for Money
Hiring FullSuite for your business registration needs guarantees that you will get your money’s worth. We pride ourselves on doing everything right the first time and subsequently not wasting your company’s money. Our team is transparent with the services provided to you. We detail the whole process at the onset, explaining contingency plans should certain events arise. This ensures that your company does not lose money to any unforeseen cost. Hiring us at FullSuite would free you from spending any more money than you need assuring you security with us and your finances.
3 Reasons to Register your Business
Legitimacy
When you register your business, the company is seen as a legal entity under the eyes of the law. This will make it easier to handle everything that comes afterward such as dealing with the government and other businesses. And the most obvious benefit of this is being legal and thus complying with the laws of the nation.
Applying for government assistance and financial loans
Dealing with the government is a necessity for businesses to flourish. Taxes are an inevitable part of living in a society and it is no different from companies. If the time comes for a business to ask for government assistance or loans from banks, non registered entities will automatically be denied requests.
Dealing with bigger companies
The term bigger companies here refers to companies that have considerable assets. These companies obviously have a lot of interests and all of them require receipts of registration to deal with another company. Having a registered business leads to more lucrative deals just by dealing with companies that are more well-known or better connected.
Registering a business is a necessary part for owners. It is arguably the most crucial step because it leads to more opportunities for a business to grow.
Frequently Asked Questions
What type of structure does my business fit in?
There are many different types of business structures with a sole proprietorship, partnerships, one-person corporation, and multi-founder corporations as the most common. Each of these has its own pros and cons. Choosing which one comes down to multiple factors such as a number of owners, business models, etc. Due diligence and proper research are needed when it comes to deciding what type of business structure to select.
How much do I need to register my business?
The fee depends on the type of business, declared capital, and the location of the business as the price of business permits differ from city to city. The fees may be as little as 4,000PHP to hundreds of thousands of pesos.
What are the required documents?
The basic requirements are barangay permit, TIN, birth certificate, occupancy permit, and a fire safety certificate. For sole proprietorships, DTI certificate of registration is needed while SEC registration is required for partnerships and corporations. If the place of business is being rented, a lease contract should be obtained while proof of ownership is needed if the place of business is owned.
How long does the registration take?
Depending on many factors, the whole registration process may take as little as a couple of weeks up to more than a year.
We liaise with these government agencies so you don’t have to.
Service provider professional fees may not include: government filing fees, taxes, and out-of-pocket expenses. Those expenses will be paid directly to the concerned government office or organizations and will be supported by receipts.
No more headaches. Let FullSuite handle the tedious stuff so you can focus on running your business.
Inquire Now
