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How to process BIR/DTI/CITY TREASURE? (its my first business)

snoopgpx · 3 · 1193

snoopgpx

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Hi everyone i need your help
this is the 1st time i will invest in a food business like eatery
i don't know how to process BIR/DTI/CITY TREASURE
please give me some tips on how to do it?
or should i hire Bookkeeper? but i am hesitant to hire bookkeeper coz its my 1st branch for a while.


Jayumaster

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Pwede po mag-search online para sa mga steps ng documents. Marami kang makukuhang information. Bookkeeper, depende sa business. Kung wala kang masyadong knowledge sa accounting, Bookkeepers are a must. Pwede rin pong gumamit muna ng mga ledger o yung mga makalumang style ng recording of transactions, then just hire freelancer accountants (part-time accounting students are the cheapest) monthly or weekly depende sa dami ng transactions. Just make sure complete ang recording ng accounts para hindi mawindang yung bookkeeper.


Terzaghi

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First of course is to register first your business name with DTI. Check DTI's website and accomplish the online application for business name regitration. From there you can pretty much determine the succeeding steps for you DTI registration. Once you already received your DTI registration certificate, then you can start processing for Business/Mayor's Permit which takes the most time among the things you need to accomplish in establishing you business.

Check online for your town/city's requirements for acquaring business permit to save time. But for sure, obtaining a Barangay Clearance (and sedula) is one of the things that you need to accomplish before you can proceed with the other requirements (mostly accomplished in your town/city hall). Then, after you accomplish all the requirements/payments for Business Permit then you can proceed with your BIR application.

Actually, you can start applying for your BIR registration as soon as you have already paid your Business/Mayor's Permit and you are just waiting for the release of your Business/Mayor's Permit plate or while you are applying simultaneously with your Fire Safety Inspection Certificate.

One helpful tip when processing all the needed permits is to always make atleast 2 to 3 photocopies of every requirement you accomplish along the way to avoid wasting your time falling in long lines for the next step only to find out that they need photocopy of certain documents which are sometimes not clearly indicated in the requirement list.

These are just general procedure/tips. I suggest you, yourself, should accomplish all these registrations/permits for your first business because you will learn alot from it and it would be much more fulfilling (and emotionally rewarding) knowing that you have established your first business by your own sweat/effort. Having gone thru all these processes will motivate you even more to do good with your business as you wouldn't want for sure to put to waste what you have already worked so hard to establish.

Good luck on your first business!


 


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