To encourage more business activities and generate employment, the Department of Trade and Industry (DTI) shall charge a business name registration fee of One Hundred Fifty Pesos (Php150.00), an amount fifty percent (50%) lower than the original fee of Php 300.00.
This is in accordance to Department Administrative Order No. 09-01 and shall apply to single proprietorships only. Other charges under Section 5, Art III of DAO No.6, s.1999 shall remain.
According to DTI, such reduction of registration fee shall be implemented until June 2009. After which, the registration fees to be charged shall automatically go back to Php 300.00.
For more information, interested parties may call the National Economic Research and Business Assistance Center (NERBAC) at telephone numbers 255-6971, 412-1944 or 255-3926.
Entrepreneurs may also visit NERBAC at the ground floor of the LDM building, Lapu-lapu and Legaspi Sts., Cebu City.
Tuesday, May 19, 2009
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