How To Renew Business Permit or Mayor’s Permit
RENEW BUSINESS PERMIT – Here is a guide on the steps for the renewal of your Business Permit or the Mayor’s Permit.
To operate a business in the Philippines, it has to be registered first. You can’t just rent an establishment and start selling your products to the public right away. There are documents that you need to secure to avoid certain penalties.
One of the requirements is a Business Permit. Also called as Mayor’s Permit, this document is proof that your business abides by the rules or ordinances implemented in your city or municipality. Every city or municipality may have a unique set of ordinances thus this certification is much needed.
If you are a self-employed individual who wants to run a business, make sure that you have your business registered with the Department of Trade and Industry (DTI) first. It is one of the requirements in obtaining a Business Permit.
If your business is a partnership business or a corporation, it has to be registered with the Securities and Exchange Commission (SEC) before obtaining a Business Permit or a Mayor’s Permit. The Business Permit has to be renewed every year. How to renew your business permit?
Step 1 – Prepare the documents needed in applying for the renewal of your Business Permit or Mayor’s Permit. To check on what you must prepare, feel free to visit – Requirements for Business Permit Renewal – List of What You Must Prepare.
Step 2 – Prepare the money needed for the renewal of your Business Permit. You may visit – Business Permit Renewal Cost – How Much You Must Prepare for it.
Step 3 – Bring your documents to the business registration and renewals center of your local government unit (LGU). Have the documents checked by the staff for completeness and accuracy.
You may also visit – 8 Business Tips To Grow Your Sales, Profits Faster.