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level: CHAPTER 21

Questions and Answers List

level questions: CHAPTER 21

Question	Answer
REGISTERING DENTAL CLINIC: easiet	single proprietorship
REGISTERING DENTAL CLINIC: requires more elaborate procedures.	corporation
administers the registration of business names	DTI-NCR
REGISTER YOUR BUSINESS NAME AT	Department of Trade and Industry
Filipinos with names suggestive of alien nationality	birth certificate, PRC ID, voter's ID,passport
Filipino citizenship by naturalization, election, or by other means provided by law	naturalization certificate & oath of allegiance /card issued by the Bureau of Immigration and Deportation and affidavit of election & ID card issued by the Bureau of Immigration and Deportation.
Business name registration fee (single)	300
Business name registration fee (corporation/ partnership/ cooperative)	500
penalty if the BNRS certificate is not renewed before within the 3-month grace period from the certificate's expiration date	100
is the government agency that gives the business enterprise its legal personality	Securities and Exchange Commission (SEC)
Register your business at	Securities and Exchange Commission (SEC)
any person who uses the services of another person in business, trade, industry or any undertaking must be registered with the SSS.	Employer
Social, civic, professional, charitable and other non-profit organizations, which hire the services of employees	Employer
Registering with the Social Security System (SSS): single	SSS Forms R-1 (Employer's Data Record) & R-1A (Initial or Subsequent List of Employees).
Registering with the Social Security System (SSS): partnership	SSS Forms R-1 and R-1A & photocopy of the Articles of Partnership
Registering with the Social Security System (SSS): corporations	SSS Forms R-1 and R-1A signed by its president or any of the corporate officers or incorporators & photocopy of the Articles of Incorporation
All cooperatives are required to register with the CDA as per R.A. ___	6938
Every business enterprise has to register with the __ for taxation purposes.	Bureau of Internal Revenue (BIR)
agency which monitors compliance with labor laws	Department of Labor and Employment (DOLE)
Department of Labor and Employment (DOLE): company is encouraged to register with this many employees	≥ 5
Department of Labor and Employment (DOLE): registration is mandatory with this many employees	≥ 50
administers the registration of establishments	Bureau of Local Employment
All businesses, whatever the legal form, are required to secure a mayor's permit or municipal license from the municipality or city where they are located	Registering with the Local Government