What is the DTI Application Form used for?
The DTI Application Form is intended for individuals seeking to register a business name in the Philippines as a sole proprietorship. This form is necessary for both new registrations and renewals of existing registrations under Act No. 3883, as amended. It facilitates the formal recognition of a business name by the Department of Trade and Industry (DTI).
Who is eligible to apply using the DTI Application Form?
Eligibility requires the applicant to be a Filipino citizen of legal age, meaning at least 18 years old. Additionally, the form must be signed by the business owner, although a representative may sign on behalf of the owner if accompanied by a Special Power of Attorney.
What information needs to be provided on the form?
Applicants must provide various details, including personal information (such as name, date of birth, and residence address), business address, business name(s), and nature of the business. If relevant, information about the franchisor or prior business ownership must also be included. The applicant must declare their moral integrity, specifically regarding any prior criminal convictions related to trade or commerce.
Is there a requirement for submitting documents along with the DTI Application Form?
Yes, the application must be accompanied by specific documents. These may include passport-sized pictures, proof of citizenship, and additional documentation if the applicant is a franchise holder, foreign investor, or if the business involves bulk sales. Each category has its unique requirements which must be fulfilled for the application to be processed.
How much does it cost to submit the DTI Application Form?
The basic application fee for both new and renewal registrations is ₱300. There is also a documentary stamp fee of ₱15. If the renewal occurs more than 90 days after the expiration date, an additional surcharge of ₱100 applies. Fees may vary for different business types, such as bulk sales, which incur a separate charge of ₱55.
What happens if false information is provided in the application?
Providing false or misleading information in the application can lead to serious consequences, including criminal, civil, or administrative actions against the applicant. It is essential for the applicant to ensure that all information submitted is accurate and truthful.
What are the steps to complete the DTI Application Form?
To complete the form, applicants should read the instructions thoroughly. All relevant fields must be filled out clearly and completely, in duplicate. After completion, the forms and required documents should be submitted to the appropriate DTI office. The application process involves verification by DTI staff to ensure all requirements are met.
How can I renew my business name registration using the DTI Application Form?
To renew a business name registration, applicants should fill out the DTI Application Form specifically indicating that it is for renewal. They must provide the old certificate number and attach the current application form along with the required documents. The renewal process follows the same protocol as a new application but includes additional requirements to validate the existing registration.
What should I do if my proposed business name is already taken?
If the proposed business name is already in use, the applicant is required to change or cancel the registered business name. This is stipulated in the undertaking section of the application, which obliges applicants to select a unique name that does not cause confusion with existing registrations.
Can I apply for a business name registration online?
Currently, the DTI mandates that the DTI Application Form be submitted in person to the appropriate office. However, it may be advisable to check the DTI’s official website or contact them directly for any updates regarding online application processes or alternative submission methods.