This is where you register if your enterprise is a single
proprietorship. The agency will issue a certificate of
registration of business name
Department of Trade & Industry (DTI)
If your enterprise is a partnership or a corporation, this
is where you will register. It will issue a certificate of
registration
Securities & Exchange Commission
(SEC)
If your set-up is cooperative, register with this body.
The agency will issue the certificate of registration.
Cooperative Development Authority
(CDA)
You register with the municipality or city where you will
establish your business. Business permit will be issued
here
Local Government Unit (LGU)
Provide Barangay Clearance
Barangay Hall
Business Taxpayer Identification number (TIN),
registration of book of accounts, authority to print.
Bureau of Internal Revenue (BIR)
If you employ five workers or more, register your
business with this agency.
Department of Labor & Employment
(DOLE)
This office will issue an SSS number for your business,
for yourself, as well as for your workers.
Social Security System (SSS)
RA 7742 requires all SSS members earning at least 4k
a month to register with this agency. They administers
the Pag-Ibig Fund
Home Development Mutual Fund
(HDMF)
employ less
than 200 workers or
those with an asset of no
more than 100 million
MSME (Micro-small & Medium
sized enterprises)
Businesses having more
than 200 employees or
with an asset of more
than 100 million
Large enterprise
make up of 99.6% of
registered businesses in
the Philippines &
employ over 70% of the
working population.
Small & medium-sized
enterprises (SMEs)
This business never goes out of style.
It is affordable and easy to market.
This offers a wide array of advantages in
terms of generating sales. It is also great training ground to learn the
science of the food industry business.
Food cart business
Driven by the passion & mission to save
the environment, more organic &
sustainable products are being produced &
well received by clients. This busines venture has also created job
opportunities for the locals.
Eco-friendly products
This business has been
a staple in the industry because many
Filipinos go to such establishments to
pamper and relieve themselves from
stress.
Beauty & wellness business
Unlike other products offered in the
market, water will always be in high
demand, which makes the company
relatively easier to handle
Water refilling stations
For aspiring entrepreneurs, such a service-
centered business can provide a constant
profit stream because it pays on a per-
transaction basis.
Bill payment centers
This business are lifesavers for most people
living in condominiums and apartments. This
type of business venture is largely dependent
on operational expenses
Laundry shop
This business experienced profitable
gains in the recent years, especially milk teas.
Since then, the franchising industry has
expanded its offering to those interested in
owning a beverage business.
beverage stands
an informal type of school for
very young children where they learn things by
playing.
playschool
The rise of social media to the growth of e-commerce
and cloud-based business solutions to the introduction
of new technologies like AI and blockchain, there has
never been a better time for businesses to embrace
digital marketing.
Digital marketing services
Audit the company and aid in the expansion of
other firms there. For instance, you can audit
businesses in terms of their performance,
financials, traffic, and other factors.
Remote auditing business
This kind of business will remain thriving in
2024 because many are still doing this,
knowing that it can give so many
opportunities as long as you know how to
manage it.
Buy & sell
According to the data, the Philippines received
investments worth slightly under 19 billion
pesos from outside in the first three months
of this year. A sizable portion of this is
classified as real estate.
Real estate-related business