Domestic Branch Representative

Partnership DTI
Corporation office Office
DTI
Business name - - - - 2,015.00
Miscellaneous - - - - 750.00
Subtotal - - - - 2,765.00
SEC
Reservation Fee 120.00 40.00 40.00 40.00 -
Filing Fees* 2,530.00 500.00 1,410.00 2,000.00 -
Legal Research Fund 730.00 730.00 730.00 730.00 -
Stock and Transfer Book 500.00 500.00 -
Foreign Investment 3,000.00 3,000.00 3,000.00 - -
Stock Certificate (maximum of five) 200.00 - - 200.00 -
Dry Seal 2,500.00 - - 2,500.00 -
Miscellaneous Fees 5,000.00 5,000.00 5,000.00 5,000.00 -
Sub Total 14,580.00 9,270.00 10,180.00 10,970.00 -
BIR
Annual Registration Fee 500.00 500.00 500.00 500.00 500.00
Certification Fee 115.00 115.00 115.00 115.00 115.00
DST on Shares ( 2/200) 2,500.00 - - - -
DST on Lease (1.5/200)** 3,600.00 3,600.00 3,600.00 3,600.00 3,600.00
Books of Accounts 300.00 300.00 300.00 300.00 300.00
OR/SI (10 booklets) 5,000.00 5,000.00 5,000.00 5,000.00 4,000.00
Miscellaneous Fees 5,000.00 5,000.00 5,000.00 5,000.00 2,500.00
Sub Total 17,015.00 14,515.00 14,515.00 14,515.00 11,015.00
Local Business Permit
Mayor's Permit*** 20,000.00 20,000.00 20,000.00 20,000.00 17,000.00
Community Tax 500.00 500.00 500.00 500.00 500.00
Zoning Fee 100.00 100.00 100.00 100.00 100.00
Barangay Clearance 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
Comprehensive Gen. Liability Insurance**** 6,000.00 6,000.00 6,000.00 6,000.00 3,000.00
Frame for Certificate and Permits 500.00 500.00 500.00 500.00 500.00
Flash Drive 350.00 350.00 350.00 350.00 350.00
Miscellaneous Fees 5,000.00 5,000.00 5,000.00 5,000.00 2,500.00
Sub Total 33,450.00 33,450.00 33,450.00 33,450.00 24,950.00
SSS, Philhealth Pag-big Registration
Miscellaneous Fees 2,500.00 2,500.00 2,500.00 2,500.00 2,500.00
Total Estimated Fees 67,545.00 59,735.00 60,645.00 61,435.00 41,230.00

Capitalization Minimum/recommended can

be utilized by company for operations ***** 62,500.00 50,000.00 1,410,000.00
Securities required to be deposited and
assigned in favor of SEC****** 100,000.00 100,000.00
Estimated outlay 130,045.00 209,735.00 1,570,645.00

* For Domestic corporation, this assumes 1Million authorized capital

** Assumes 40,000 Php monthly lease
*** May vary depending on the city, capitalization, and size of lease
**** May vary depending on the size of the lease
***** For Domestic Corporation assumes
25% is subscribed and 25% is paid
****** Assumes remittances is 5 Million and
below, anything above recalculated at 2% of
remittance