developing brand name Flashcards

1
Q

registration for partnership and corporation= why do we register in SEC. Sec is a national government regulatory agency charge with supervision= over the corporate sector, the capital market participants and the securities and investment instrument market, and the protection of the investing public

A

securities and exchange commission

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2
Q

for registering your business trade name (BTR) and so that the DTI also will have a master list of all businesses legally operating in the country.

A

DTI

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3
Q

registration for getting TIN, official receipts and invoices, registering your books of accounts, paying your national internal revenue taxes (Income Tax, Vat or Percentage Tax, Withholding tax, etc.)

A

BIR

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4
Q

or getting the license to operate in the city or municipality and payment of local business taxes

A

mayor’s permit

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5
Q

plays a significant role in business requirements in the Philippines by issuing a barangay business permit, also known as a barangay clearance, which is a document that allows a business to operate legally in a specific area (zoning).

A

barangay

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6
Q

for registering yourself or company as an employer and for remitting your employees’ contribution together with your employer’s share

A

SSS, PhilHealth, Pag-ibig fund

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7
Q

for security of tenure when you retire in the company you will have a pension but you need to have atleast ten years of contribution

A

SSS

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8
Q

For example, Banks, financing company, lending company, pawnshops, money changer are required to register with the

A

BSP

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9
Q

All cooperatives are required to register with the CDA as per Republic Act 6938/6939

A

Cooperative Development Authority

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10
Q

Business establishments with five or more employees are encouraged to register with the ___ for the purpose of monitoring the firms’ compliance with labor regulations

A

DOLE

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