Step by Step on How to have a Business Permit

Step 1. Secure your DTI (Department of Trade and Industry) Certificate of Registration of Business Name, but before going to DTI office list down at least three business names and submit it for approval.

Step 2. Get Barangay clearance for business purpose, you need to have a CTC No. (Sedula) as primary requirement.

Step 3. Gather the documents stated on step 1 and 2 for Mayor’s permit. Fill-up application form from municipal office and pay the following permits, Division permit, Planning permit, Building permit, Health certificate, Fire Code Fees for Bureau Fire Protection, Certificate of real estate tax. Submit a picture of establishment and sketch of location.

Step 4. Proceed to BIR office and register your business.

FOR SELF-EMPLOYED AND MIXED INCOME INDIVIDUALS/ SOLE PROPRIETORSHIP:

Tax Form
BIR Form 1901- Application for Registration for Mixed Income Individuals, Estates and Trusts

Documentary Requirements
- Birth certificate or any valid identification showing name, address and birth date
- Mayors permit or application for Mayors Permit (when applicable)
- Department of Trade and Industry (DTI) Certificate of Registration of Business Name (to be submitted prior to the issuance of the BIR Certificate of Registration (COR)

Procedures
a) Accomplish BIR Form 1901 and submit the same, together with the required attachments, to the Revenue District Office having jurisdiction over the registered address of the business establishment.

b) Pay the Annual Registration Fee (P 500.00) at the Authorized Agent Banks of the RDO.

c) Pay P 15.00 for the Certification Fee and P15.00 for the Documentary Stamp Tax (in loose form to be attached to Form 2303).

d) The RDO shall issue the Certificate of Registration (Form 2303).

FOR CORPORATIONS/PARTNERSHIPS:

Tax Form
BIR Form 1903 - Application for Registration for Corporations/Partnerships (Taxable/Non Taxable), including GAIs and LGUs

Documentary Requirements
- SEC Certificate of Registration (Certificate of Incorporation/Certificate of Co-Partnership) or License To Do Business in the Philippines in case of resident foreign corporation
- Mayors Permit or application for Mayor’s Permit to be submitted prior to the issuance of the BIR Certificate of Registration

Procedures
a) Accomplish BIR Form 1903 and submit the same together with the required attachments to the Revenue District Office having jurisdiction over the registered address of the business establishment.

b) Pay the Annual Registration Fee (P 500.00) at the Authorized Agent Banks of the RDO.

c) Pay P 15.00 for the Certification Fee and P 15.00 for the Documentary Stamp Tax (in loose form to be attached to Form 2303).

d) The RDO shall issue the Certificate of Registration (Form 2303).

e) Taxpayer must pay the Documentary Stamp Tax on the Articles of Incorporation as prescribed under Section 175 of the NIRC, on the 5th of the month following the date of issuance of said article (per RR 4-2000).

Buying Stock Without A Broker

Although the most popular and functional way to buy and sell investments, opening a brokerage account is not absolutely necessary. Many investors aren't aware of the alternative ways to acquire stocks and mutual funds. Although working with a qualified broker definitely has advantages, it may be better, in some cases, to purchase stock directly.

1. Invest through the company's direct stock purchase plan.

A number of companies, such as PLDT, offer direct stock purchase plans. These plans allow investors to buy shares of stock directly from the company. Most have a minimum
initial deposit but are happy to waive it if you agree to automatic monthly withdrawals from your checking or saving account. This way, the company automatically purchases stock for you by debiting your bank account every month. This can be an easy and relatively painless way to save.

2. Take advantage of the DRIP program's cash investment option

If the company doesn't offer a direct purchase plan, find out if it has a dividend reinvestment plan (DRIP). DRIPs are a great tool for growing your portfolio but they also have a hidden feature that most people don't know about, the cash investment option. Most plans allow you to send a check in any amount to the program administrator and they will purchase additional shares for you. The big benefit here is the fact that investor is allowed to purchase fractional shares, allowing all of his or her money to begin building wealth.

Suggested Reading:

Stock Never Loss Secret

7 Simple Steps To Real Estate Investing

If you want to involve in real estate as a business or as an investment, consider these simple steps:

Step #1 - Set your plan:
Figure out what your long term real estate goals are and figure out what your short term needs are with regard to making money in real state. Then, set up proper entities and put the plan in place.

Step #2 - Determine what your target market will be:
You cannot be all things to all real estate markets. If foreclosures appeal to you, start investing in the foreclosure market. If you want to be a landlord, look out of state owner to focus your real estate marketing efforts.

Step #3 - Be consistent and persistent:
Real Estate is not a get to rich quick scheme. Real Estate is get wealthy over time and put some quick cash in your pocket today. You've got to follow your plan and stick with it to see real results in real estate. You've got to continue to increase your education and your experience.

Step #4 - Don't fall into the "Analysis Paralysis":
Learn to analyze properties quickly. Don't get caught up over thinking. It's quite simple actually: What's the property worth? What does the property need for repairs? And how much can you get the property for? It comes down to numbers!

Step #5 - Become a master of finance!:
Real estate is the business of marketing and finance. You must learn about mortgages and interest rates and loan programs that are out there. You must know how to use finance to negotiate your deals and to sell your properties.

Step #6 - Become a skilled problem solver:
The reason you will get real estate deals that others don't, is because you are able to solve people's problems. Anything goes on the real estate playing field. You've got to be ready!

Step #7 - You must continue your education:
It is important that you are always investing in your education and learning new tactics, strategies and tips that will make you more in real estate.