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Friday, December 23, 2005
Bizmen advised to renew expired business name registration certificates By Ruby M. Melliza
BUSINESSMEN in the region are advised to renew their expired Business Name Registration Certificates.
The Department of Trade and Industry through the Bureau of Trade Regulation and Consumer Protection (BTRCP) calls all owners/proprietors of Business or Business Name (BN) Registrants, whose Certificates of Registration have already expired as of 30 June 2005, to renew these on or before 29 December 2005, otherwise their BN Registration shall be considered abandoned and will be cancelled from the master list, said DTI Regional Director Dominic P. Abad.
Abad said BN Application for renewal must be received by BTRCP or on-line field offices of the DTI that process BN applications on or before January 6, 2006 for upgrading purposes, otherwise the same shall be considered cancelled. Applications for renewal of BN Registration filed beyond the above mentioned grace period shall be considered as new applications subject to verification and approval.
Pursuant to Section 12 (A) of Department Administrative Order No. 15 series of 1990, the DTI through the BTRCP cancels from the record all Business Name Registrations which expired as of 30 June 2005.
Under the Business Name Law (ACT No. 3883), as amended, owners or proprietors should renew their Business Name Registration (BNR) upon expiration thereof. Business Name Certificate of Registration is valid for five years.
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