Did you know there is a service such as DTI Online Registration? Yes, this really exists and is currently offered by the Department of Trade and Industry (DTI) itself.
The service is called BNRS Next Gen. This allows sole proprietors to register their business names without leaving their households.
Sounds good, right? But what’s more, is that you can use the system to pay the amount due online and the business name certificate will be sent to your email address in real-time.
You don’t have to go to DTI offices, fall in line, and wait for your Business Name Certificate to get approved.
In this article, I will show you the whole process of DTI online registration. Trust me, after 8 to 10 minutes, you’ll have your Business Name Certificate.
About BNRS Next Gen
In compliance with the Revised Implementing Rules and Regulations of 2018 of Act 3883, the aim of this service is to ease the business name registration.
Business Name Certificate can be downloaded immediately after the DTI online registration and paying the total amount due.
Furthermore, BNRS Next Gen allows the public to verify the validity of the business names.
BNRS Next Gen is officially owned and managed by DTI itself.
What Can I Do with Business Name Certificate?
I’m sure that reading before you’ve stumbled upon this article, you have your own purpose of why you need the business name certificate. But I’ll enumerate some of those purposes and what you can do with your business name certificate.
Business Permit Registration
If you’re an entrepreneur like me and wanted to legalize your business or planning to register your business, you will always start with DTI online registration. This is because a business name certificate or what we always hear ‘DTI Certificate’ is required by our Local Government Unit (LGU) before our Business Permits or Mayor’s Permit can be processed.
Same with the LGU, the Bureau of Internal Revenue also requires taxpayers to submit their DTI certificates for registration purposes. Your business name will be printed on your official receipts and invoices. You will issue these receipts and/or invoices to your customers upon receiving their payments.
SSS, PhilHealth, and HDMF Employer Registration
If you plan to hire employees, you need to register your business with Social Security System (SSS), Philippine Health Insurance Corporation (PhilHealth), and Home Development Mutual Fund (HDMF) or Pag-IBIG.
You are required to submit a business name certificate since you and your business are separate entities from the point of view of these government agencies.
Other Government Agencies Registration
Some government agencies like the Bureau of Fire Protection (BFP) require business owners to register their business with them. And business name certificate is required for registration.
If you’re an employer who have more tan five employees, the Department of Labor and Employment (DOLE) may require you this document upon registration with them.
Bank Account Opening
In my experience, some banks required me to submit a business name certificate together with other proof of income details. According to them, this is one of the validations of opening a bank account with them.
However, this might not be the case for you. After all, we do not have the same branch of account and profession.
But if you plan to open a business bank account, a business name certificate is a requirement. You cannot open the same unless you submitted it.
DTI Online Registration Requirements
To tell you the truth, there are no complex requirements for DTI online registration. The process can be done just by using your mobile phone. Below are the things you need to prepare for DTI online registration.
- Stable wifi or mobile data connection
- Mobile phone, laptop, or personal computer
- 8 to 10 minutes of your time
DTI Online Registration Procedures
The process of DTI online registration or registering your business name is very simple, Just visit BNRS Next Gen website. Supply the necessary information, pay the fees online using GCash or PayMaya. Download your official Business Name (BN) Certificate. After 8 minutes you have your business name without leaving your home.
Instead of physically going to DTI offices, I’ll show you step-by-step the whole process of DTI online registration.
Visit BNRS Next Gen’s Official Website.
The first step is to access the official website of BNRS Next Gen. The link is given at the end of the article. This time I’m going to use a mobile phone.
Follow the On-screen Procedures.
Terms and Conditions Agreement
After accessing the BNRS Next Gen official website, scroll down until you see the the ‘I Agree’. Click it to proceed with the next screen.
The first screen is about the owner’s information. More often than not, this will be your information. In this case, I’m going to use my personal information to register my business name.
Just tick ‘No’ for the first two radio buttons if you are not a stateless and refugee person. Choose Filipino as citizenship if you are Filipino.
Make sure to check the spelling of your name and your birthday is correct. Supply other information as required.
Scroll down to the bottom and click ‘Next’.
A popup will be shown. Check your personal information once again and click ‘Proceed’.
The next screen is about your business scope. Business scope in a simpler term, as per DTI online registration, is the place where you can use your business name. It does not necessarily pertain to your business operations.
For the sake of this article, I’m going to choose Barangay (for less gastos).
Supply the place including region, municipality or city, and the province. You don’t have to do this if you have chosen higher business scope such as National.
Business Name Proposal
The most important part of DTI online registration is your business name itself.
As per DTI, your business name will comprise of two names – Dominant Name and Business Name Descriptor. For more information about this, read the reminders just below of this portion.
These are a couple of tips for you. A dominant name is a unique name. Think of it as your brand. Business name descriptor your line of business. For example, if you are running a business such as an online shop, your business name descriptor will be ‘Online Shop’. You can just search for online shop in the field and some suggestions will be shown too.
Supposed you wanted to know that you have cheap products, choose a very unique name that will describe them. For example, ‘Cheapipay’ will be a good one for this.
Once you have chosen your business name, click the ‘Check Name Availability’.
A popup will show. Click ‘Validate Business name’.
In my experience, you need to do this twice because. The first query will give an error message ‘Result not yet processed’. It will ask you to verify again so do it.
If your business name is available, validation results will be shown with marks ‘Passed’ for all criteria. if you are satisfied, scroll down and click next to continue the DTI online registration. Otherwise, you can try another name.
A popup will show. Make sure to double-check all the details and ‘Yes’.
Your reference number will be shown. Kindly take note of this to pay your DTI online registration.
On the next screen, you will be asked to provide your business name registration details. This includes the complete business address, mobile number, valid email address (important), owner’s TIN, owner’s residential address, and contact details.
Other information is optional such as asset, capitalization, gross receipts, and number of employees.
Make sure all of your business information are correct click ‘Next’.
On the next screen, a summary of your complete information will be shown. Once again check all the details you provided. If there are misspelled names or words or any type of mistake you supplied, just click the ‘Back’ button to change them. Otherwise, click ‘Next’.
A popup will show, click ‘Confirm and Proceed’.
On the next screen, the undertaking of your DTI online registration will be shown. You can download this but this will also be included in the email once completed the process.
Click ‘Proceed’ to continue.
Pay the Amount Due.
On the next screen, you will now be asked to pay the total amount due. You can choose to pay now to resume later. Payments can be done using GCash, PayMaya, card, LandBank, and over-the-counter methods.’
If you are going to pay later, your business chosen business name and DTI online registration processed will only be reserved for seven (7) days. Make sure to pay within that timeframe.
For the sake of this article, I’m going to choose GCash and I’m going to pay now and click ‘Proceed to Payment’.
On the next screen, it will ask you to log in to your GCash account and confirm the payment. The amount will be automatically deducted from the current balance.
Download Your Business Name (BN) Certificate.
After successful payment of DTI online registration, the exciting part is here. You can now download the BN Certificate.
Check your mailbox and you will see a message from BNRS Next Gen. Open it and there will be two attachments which are your Business Name Certificate and the official receipt.
You don’t have to worry if your physical documents will be physically destroyed as you can download anytime, anywhere these documents from your mailbox. I suggest you mark it ‘Starred’ for you to find it easier for later use.
DTI Online Registration Fees and Charges
Business Name Fees
DTI online registration fees will depend on the type of scope you have chosen to register. Below is the complete list of payments for each scope.
- National : P2,000
- Regional: P1,000
- City/Municipality: P500
- Barangay: P200
Documentary Stamp Tax
Documentary stamps are taxes paid for public documents. And since the business name certificate is a public document, documentary stamp tax is charged for a fixed amount of P30.
Aside from the above-mentioned fees, your chosen payment channels will charge you transaction fees for a certain percentage based on the total amount due including the documentary stamp tax.
Please refer to the table below.
Frequently Asked Questions
Here are the frequently asked questions about DTI Online Registration.
What is a Business Name?
Do I have to register my Business Name?
If I have already acquired a Business Name Registration, do I still need to get a Business/Mayor’s Permit?
Who can register a business name?
Can a foreign national register a business name?
A Non-Philippine national also need to obtain a Certificate of Registration of Sole Proprietorship/Certificate of Authority to Engage in Business in the Philippines pursuant to RA 7042 (Foreign Investment Act).
For a Refugee or stateless person, he/she needs to be issued a written recognition from the Refugee and Stateless person Protection Unit of the Department of Justice (DOJ-RSPPU), and whose recognition is not subject to cancellation, revocation, or cessation, in accordance with applicable government rules and regulations.
Click here for the list of the documentary requirements.
How do I register/renew my Business Name?
What is a Territorial Scope?
It is not to be considered as the geographical limit in which to transact business.
Can I use the terms “company”, “corporation”, “incorporated” or “cooperative” as part of my BN?
I have other questions.