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Questions and Answers
_______ registration is required for business tradename.
DTI
________ agencies are necessary for proof of ownership, authorization, and payment of taxes.
Government
Mayor's business permit is required to operate in a ________ or municipality.
City
Study Notes
- Ownership is an exclusive right to a business.
- Legalization means being permitted by law.
- DTI, DOLE, SSS, SEC, CDA, and BPLO are government agencies.
- Objectives, tasks, time allocation, and progress are important for entrepreneurs.
- SEC registration is required for partnership or corporation.
- DTI registration is required for business tradename.
- Mayor's business permit is required to operate in a city or municipality.
- BIR registration is required for TIN, official receipts, and invoices.
- SSS, PhilHealth, and Pag-Ibig Fund registration is required for employers.
- Registering with government agencies is necessary for proof of ownership, authorization, and payment of taxes.
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Description
Take this quiz to test your knowledge on the important aspects of business ownership and government regulations in the Philippines. From understanding the role of government agencies to registering your business, this quiz will cover the essential information every entrepreneur needs to know to operate legally and successfully. Whether you're just starting out or have been in business for some time, this quiz is a great way to refresh your knowledge and stay up-to-date on the latest requirements. So, let's get started and see how much you really know!
