How To Register Business Sec

The sec as the corporate register of domestic companies and foreign corporations doing business in the philippines takes pride to be in the forefront of introducing and implementing reforms by making business registration process simpler faster more efficient and more transparent.

How to register business sec. After paying for the registration fee should you proceed to the sec office for registration they will double check the availability of your proposed corporate name and cross check with other databases to ensure that does not conflict with or sound too similar to existing business names even if you ve already paid for the reservation fee. For a small fee they will do the legwork for you and send your registration and incorporation papers to you. If you re a sole proprietor self employed individual this guide is not for you. Register your business to make it a distinct legal entity. Research these entities and contact them.

This article shows a step by step guide to. Many business brokers and attorneys operate with the purpose of helping you register your business in any form of your choice. Local and foreign investors that intend to establish corporations partnerships or associations in the philippines are required to register their business entities with the securities and exchange commission sec before they can conduct business activities and participate in the country s securities market to buy or trade shares of stock bonds. The very first thing that is recommended for any business to do is contact their state office. A secondary sec registration or secondary license is a special legal grant to corporations and partnerships to undertake and engage in special and particularized business activities such as but not limited to brokerage or dealership of securities and public solicitation of investment funds.

However this does not give a certain company to engage in various types of business activities like selling of securities lending and investment contracts. Be sure you are looking at a site that ends in gov and not an advertised listing or for profit site. How and where you need to register depends on your business structure and business location. Registering a stock corporation with the securities and exchange commission sec is not that hard to do as many of our young businessmen may think it to be. Go to our dti registration guide instead.

This has been my main role with full suite for more than a year now and i can say with certainty that it s more fun in doing business in sec. Sec registration in the philippines.