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PIA Press Release
2010/02/08

DTI extends business name registration discount

By Lowell Vallecer

Zamboanga City (8 February) -- The Department of Trade and Industry (DTI) has extended the 50% discount on business name registration fee for another six months, or up to 30 June 2010. This is to encourage employment-generating activities after recent natural calamities resulted to losses in jobs and livelihood according to DTI-9 Regional Director Nazrullah Manzur.

Department Administrative Order (09-11) which took effect on 01 January 2010, kept the original registration and business name renewal for sole proprietorships at P150. However, the P15-fee for documentary stamp still applies.

The DTI first lowered the fee in January last year to encourage displaced workers to go into business. (DTI9/PIA9-BST) [top]

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