C.R.M.J. ENTERPRISE Proponents: Maricar Chiyuto, Ian Jovero, Criscia Regulascion, Eiram Matienzo 1) C.R.M.J.

Enterprise is under the partnership business type.

2) A business is classified as partnership if it has 2 or more owners called partners who shall share the capital according to their agreements and shall have unlimited liabilities in case of bankruptcy. In the case of C.R.M.J. Enterprise, the general partner is Maricar Chiyuto, who shall shoulder the 28% of the companys capital and the position of general manager of the company, responsible for the general management, human resource and overall decision making activities. The limited partners consisting of Ian Jovero , Criscia Regulacion and Eiram Matienzo shall have a capital share of 24% each and will have respective delegations. Ian Jovero shall be the Financial Officer in charge of the collection, processing and reporting of financial data and accounts, budgeting and appropriation of the company. The financial officer is a subordinate of the general manager and is in line with the Operations and Sales and marketing Officers. Criscia Regulacion shall be the Operations Officer responsible for managing the production process, inventories, and quality control. The position is a subordinate of the general manager and is in-line with the Financial and Sales and Marketing Officers. Eiram Matienzo shall assume the position of Sales and Marketing Officer and shall handle the marketing and distribution of the products and the collection of sales. This position is also a subordinate of the general manager and is in line with the Operations and Financial Officers. 3) TAXES, LICENSES, CERTIFICATES AND OTHER REQUIREMENTS Taxes: Income Tax - None, due to R.A. 9178 or BMBE Act of 2002; Community Tax; Value Added Tax Licenses / Requirements: Certificate from Chemist; SEC Name Registration; Articles of Partnership and By-laws; Barangay Clearance; Business Permit/Mayors Permit; Sanitary Permit; Environmental Permit; FSI Certificate; BIR TIN; SSS; PhilHealth.

4) Legalization/ Registration: Step 1: Certificate of Chemist Est. time to complete: 1 day; Cost: P40

Step 2: Verify and reserve the company name with the Securities and Exchange Commission (SEC) Est. time to complete: 1 day; Cost: P40 The company can verify the availability of the company name online. Verification is free but reservation of the name, once approved by the SEC, costs PHP 40 for the first 30 days. The company name can be reserved for a maximum of 120 days for a fee of PHP 120, which is renewable upon expiration of the period. Step 3: Notarization of By-laws Est. time to complete: 1 day; Cost: P500 According to Sections 14 and 15 of the Corporation Code, articles of incorporation should be notarized before filing with the SEC. Step 4: SEC REGISTRATION Est. time to complete: 3 days Cost: P2,665 Requirement - Name verification slip - Articles of Partnership and By-Laws - Written undertaking to change corporate name by any Partner - Customs Broker Licenses and PTR of at least 2 Partners - Articles of partnership Procedures 1. Verify/reserve proposed name with the Name Verification Unit 2. Draw-up the Articles of Incorporation and BYLaws in accordance to the Corporation Code 3. Present 6 sets of accomplished forms and documents for pre-processing at the CRMD. 4. pay the filling fees at the cashier 5. claim the certificate/license upon presentation of official receipt.

Step 5: Barangay Clearance Est. time to complete: 1 day Cost: P500 Obtained from the barangay where the business is located and is required to obtain the business permit from the city or municipality.

Step 6: Obtain the business permit application form from the Business Permits and Licensing Office Est. time to complete: 1 day Cost: none Step 7: Notarize the business permit application form at the notary

Est. time to complete: 1 day Cost: P50 Step 8: Proceed to the Electrical and Mechanical Section (EMS) to get the assessment of the electrical and mechanical inspection fees Est. time to complete: 1 day Cost: none

Step 9: Obtain the business permit to operate from the BPLO Est. time to complete: 7 day Cost: P 8,860.00 The company gets the assessment of the business permit fees and taxes and obtains the printed tax order of payment from the Electronic Data Processing unit of the BPLO. Then the company proceeds to the City Treasurer's Office (CTO) to secure final approval of the tax order of payment and pay business permit fees and taxes at the cashier. Requirement a. SEC registration; b. Duly accomplished and notarized application form; c. Barangay clearance; d. Community tax certificate; f. Sketch of location of establishment; and g. Fire safety inspection certificate.

Step 10: Proceed to the Health Department to present the official receipt and obtain the sanitary permit Est. time to complete: 1 day Cost: none After paying the fees but before obtaining the business permit, the company presents the official receipt at the Health Department to get the temporary sanitary permit. The permanent permit is issued after inspection of the business establishment and within 15 days upon issuance of the business permit. No inspection is conducted for simple businesses.

Step 11: Proceed to the City Environment and Natural Resource Office (City ENRO) for the environmental permit Est. time to complete: 1 day Cost: none After paying fees but before obtaining the business permit, the company presents the official receipt at City ENRO to get the temporary environmental permit. The permanent permit is issued after inspection of the business establishment and within 15 days upon issuance of the business permit. Step 12: Proceed to the Bureau of Fire Protection (BFP) for the temporary Fire Safety Inspection Certificate (FSIC) Est. time to complete: 1 day Cost: none After the payment of fees but before the issuance of the business permit, the company presents the official receipt at the BFP to get the temporary FSIC. The permanent FSIC is issued after inspection of the business establishment and within 15 days upon issuance of the business permit.

Step 12: Buy special books of account at bookstore Est. time to complete: 1 day Cost: Varies - Required for registering with the BIR. - Sold at bookstores nationwide. - One set of journals consisting of four books (cash receipts account, disbursements account, ledger, general journal) Step 13: Apply for Certificate of Registration (COR) and TIN at the Bureau of Internal Revenue (BIR) Est. time to complete: 1 day Cost: P 15 for Documentary stamp Tax The company must register each type of internal revenue tax for which it is obligated by filing BIR Form No. 0605 and paying the annual registration fee of PHP 500. Upon registration, the BIR will issue to the company the certificate of registrationBIR Form No. 2303. To obtain the TIN, the company has to file: a. Barangay clearance; b. Mayor's permit; and c. Copy of its SEC registration. For company registrations filed with the SEC Head Office in Metro Manila, the BIR confirms the pre-registered TIN issued by the SEC. New taxpayers are required to attend a seminar. Step 14: Obtain the authority to print receipts and invoices from the BIR Est. time to complete: 1 day Cost: P 15 for Documentary stamp Tax

The authority to print receipts and invoices must be secured before the sales receipts and invoices may be printed. The company can ask any authorized printing company to print its official forms, or it can print its own forms (i.e., it uses its computers to print loose-leaf invoice forms) after obtaining a permit from BIR for this purpose. To obtain the authority to print receipts and invoices from the BIR, the company must submit the following documents to the Revenue District Office (RDO): a. Duly completed application for authority to print receipts and invoices (BIR Form No. 1906); b. Job order; c. Final and clear sample of receipts and invoices (machine-printed); d. Application for registration (BIR Form No. 1903); and e. Proof of payment of annual registration fee (BIR Form No. 0605). Step 15: Print receipts and invoices at the print shops Est. time to complete: 7 days Cost: Varies The cost is based on the following specifications of the official receipt: 1/2 bond paper (8 x 5 cm) in duplicate, black print, carbonless for 10 booklets. Step 16: Have books of accounts and Printers Certificate of Delivery (PCD) stamped by the BIR Est. time to complete: 1 day Cost: none After the printing of receipts and invoices, the printer issues a Printers Certificate of Delivery of Receipts and Invoices (PCD) to the company, which must submit this to the appropriate BIR RDO (i.e., the RDO which has jurisdiction over the companys principal place of business) for registration and stamping within thirty (30) days from issuance. The company must also submit the following documents: a. All required books of accounts; b. VAT registration certificate; c. SEC registration; d. BIR Form W-5; e. Certified photocopy of the ATP; and f. Notarized taxpayer-users sworn statement enumerating the responsibilities and commitments of the taxpayer-user. The company must also submit a copy of the PCD to the BIR RDO having jurisdiction over the printers principal place of business.

Step 17: Register with the Social Security System (SSS) Est. time to complete: 3 days Cost: none To register with the SSS, the company must submit the following documents: a. Employer registration form (Form R-1); b. Employment report (Form R-1A); c. List of employees, specifying their birth dates, positions, monthly salary and date of employment; and d. Articles of incorporation, by-laws and SEC registration. Step 18: Register with the Philippine Health Insurance Company (PhilHealth) Est. time to complete: 1 day Cost: none To register with PhilHealth, the company must submit the following documents: a. Employer data record (Form ER1); b. Report of employee-members (Form ER2); c. SEC registration; d. BIR registration; and e. Copy of business permit. Upon submission of the required documents, the company shall get the receiving copy of all the forms as proof of membership until PhilHealth releases the employer and employee numbers within three months.