The property manager required me to provide the business name for the lease contract. I have not registered the business yet. I thought that I would need the lease contract before I could apply for a business name. But I was wrong.
So I registered my business name with DTI. We decided to create a sole proprietorship business for simplicity. It was very difficult to find an available name. It's suggested that a list is prepared beforehand. My business ended up being named Obiwan's Bakery. I wanted it to be Obiwan Bread Company but as per DTI, I needed to use bakery.
The whole process took around 30 minutes. There were 4 types of scope, Barangay, City, Regional, National and it costs P200, P500, P1000, P2000 respectively.
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