Legalizing a Business

The business name is registered with the  ___ ,this is as a proof of ownership.

• DTI

• SSS

• DOLE

• BIR

A municipal license or a ___________ is sought.  This serves as the authorization to conduct or operate the business

• Mayor's office

• Business permit

• Mayor's permit

• Business plan

BIR issues a permit so that  financial operation and payment of  ___ will be systematized

• text

• tax

• test

• task

If a business has five or more employees, this needs to be registered with the                  .

• BIR

• DTI

• SSS

• DOLE

If the business is a corporation, it needs to be registered with the                   .

• SEC

• SSS

• BIR

• DTI

The DTI permit is issued by the municipal mayor.

• TRUE

• FALSE

The SSS is the one who issues a permit for the financial operation and tax payment.

• TRUE

• FALSE

It is necessary to register your business to make it legal

• TRUE

• FALSE

After registering with the DTI, the certificate becomes your proof of business ownership.

• TRUE

• FALSE

The permit from the municipal mayor serves an authorization to operate a business.

• TRUE

• FALSE