NEWS‎ > ‎

DTI reminds businessmen to apply licenses and accreditation

posted Jan 28, 2010, 8:36 PM by Leonard Flores
Kidapawan City (January 29, 2010) - "We would like to remind our clients to apply for renewals of their expired business name," announced by Director Anthony Bravo of DTI Cotabato Province Office.
The DTI official explained that business names registered to the DTI have only five years validity period.  This applies to both original or new business name applications and renewal of registration.
"We are also glad to inform the public that our discounted registration fee for business name registration is extended until June 30, 2010.  It means that all BN applicants shall only pay P150.00 and an additional P15.00 to cover the documentary stamp cost." 
As to other business licenses, DTI is calling all operators or owners of repair shops and service centers to have their establishment passed the accreditation process.  Chief Joyce Gascon, also of DTI North Cotabato, explained that repair centers should be accredited pursuant to Presidential Decree No. 1572.  "Accredited shops are assuring the public that they do have competent technicians, minimum required machines and equipments needed in the conduct of the business, and that they promise to undertake post-repair service such as insurance provision."
"Consumers on the other hand are assured of the best value for their money knowing that the centers or repair shops are accredited."  Hence, consumers are urge only to patronize accredited shops.  "If they don't they might be ended up filing a consumer complaint.  I believe we could avoid this inconveniences of undergoing legal proceedings by being responsible enough."
According to the DTI, they may file appropriate charges to those found violating the above regulations.
The DTI personnel also added that salesmen, retailers and manufacturers of fire extinguishers are likewise to register in the DTI Office annually.
On the other hand, real estate practioners (brokers, appraisers, consultants) are no longer under the DTI's regulatory power.  "Under the Real Estate Service Act of 2009, it is already the Securities and Exchange Commission (SEC) that has assumed jurisdiction," said Gascon.