What is required to be submitted to the Department of Trade and Industry for approval and registration?
Understand the Problem
The question is asking for the requirements that need to be submitted to the Department of Trade and Industry for approval and registration. It lists multiple options, and the goal is to identify which of these is necessary for submission.
Answer
Business name, territorial scope, registration fee, and documentary stamp tax.
To register a business with the Department of Trade and Industry (DTI), you need to submit a business name, territorial scope of the business, pay the registration fee, and the documentary stamp tax.
Answer for screen readers
To register a business with the Department of Trade and Industry (DTI), you need to submit a business name, territorial scope of the business, pay the registration fee, and the documentary stamp tax.
More Information
The submission and registration process can be done online through the Business Name Registration System (BNRS).
Tips
Common mistakes include not providing a clear territorial scope and submitting an incomplete business name.
Sources
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