DTI-XI issues biz name in 15 minutes

DAVAO CITY, June 18 – The office of the Department of Trade and Industry (DTI) in Davao City and in all provinces of Davao Region now boast of processing business name registration (BNR) applications within 15 minutes turn-around time.

During the first quarter of this year, the agency reported that 99 percent or 5,036 out of the 5,097 total number of approved applications were processed within the 15-minutes turn-around time, which is defined as the time when the application (complete with the requirements) was submitted until the BN certificate was released.

DTI-Davao Region Officer-in-Charge Maria Belenda Q. Ambi said the non-issuance within 15 minutes for the one percent of the overall approved applications can be attributed to some technical problems especially when the internet connection is down.

“Our BN verifiers need to log on to the web-based BNR system to check if the trade name being applied for is still available. Thus, if the internet connection is down, which happens at times, the BN verifiers cannot complete the entire process,” she said.

Of the 5,036 applications processed within 15 minutes turn-around time, 2,176 are from Davao City, 1,102 from Davao del Norte, 740 from Davao del Sur, 523 from Compostela Valley, and 495 from Davao Oriental.

In its quarterly report, DTI-Davao Region also noted that of the 5,097 received and processed BNR applications, 4,439 (which represent 87 percent of the total figure) were new applications.

 Meanwhile, it was reported as well that 19% or 846 of the applications were processed online, or using the Philippine Business Registry (PBR) system.

 PBR is a government-initiated project that facilitates business registration-related transactions by integrating all agencies involved in business registration, such as the DTI, Securities and Exchange Commission (SEC), Cooperative Development Authority (CDA), Bureau of Internal Revenue (BIR), Social Security System (SSS), Home Development Mutual Fund (Pag-IBIG), Philippine Health Insurance Corporation (PhilHealth), local government units (LGUs) and other permit/license-issuing agencies.

 When it comes to issuance of licenses and permits, DTI-Davao Region was able to issue 852 region-wide during the said period.

 Of this figure, 35% or 296 are sales promo certificates, 23 percent or 194 are repair and service enterprise certificates, 17% or 144 are certificates of exemption under the Barangay Micro Business Enterprise (BMBE) Law, 13% or 111 are endorsements for Land Transportation Office (LTO), 10% or 82 are Import Commodity Clearance (ICC) certificates, 2% or 19 are Private Emission Testing Centers (PETC) accreditation licenses, 0.5%or four are truck rebuilding centers accreditation certificates, and 0.2% or two are company audits on product standards.

 Furthermore, 74% or 614 of these licenses and certificates were issued in Davao City. (DTI-11/JenMendoza)