Registering your JCI Local Organization in the SEC offers a lot of advantages:

  1. Legal Personality  – A SEC-registered LO has a separate legal personality.
  2. Fundraising – Bigger fund raisers – able to tap corporate sponsors which will require issuance of Official Receipts
  3. Membership – Increase Membership
  4. Greater stability
  5. More opportunities for partnerships

 

Here are the basic steps in registering a Non-stock Corporation:

  1. Register with SEC

http://www.sec.gov.ph/services-2/company-2/registration/primary-registration/non-stock-corporation-registration/

  1. Secure Barangay Clearance – Barangay

Go to Barangay Hall

Usual Requirements:

  • COI
  • Location Plan/Site Map
  • Contract of Lease
  • Other Documents
  • Clearance Payment: P500-P1000

  1. Apply for Business Permit – City Hall

  • Go to City Hall
  • CTC, Fire/Environment Fee, etc.

  1. Apply for Certificate of Registration (COR) and Register Tax Identification Number (TIN) in BIR

  • BIR Forms No. 1903 (registration), 0605 (payment), and 2000 (DST)
  • Certification Fee is P100 and DST is P15
  • Pay BIR Registration Fee (P500 and DST)

  1. Register books of account at the BIR

    Use BIR Form No. 1905 or register excel spreadsheets (“loose leaf”) or a CAS using BIR Form No. 1900.

If you go with the second option, it will have to be inspected and evaluated by the BIR, which they are required to do within 30 days of receiving your application form and complete documentary requirements.

  1. Obtain authority to print at the BIR using Form No. 1906.

 

  1. Print receipts and invoices

    Go to any any authorized printing company (ask BIR for the list).

  1. Book of Accounts Stamping

Have your books of account and PCD (Printer’s Certificate of Delivery of Receipts and Invoices) stamped at the BIR

 

For any questions, feel free to contact Area Legal Counsel (Atty) Maje Gallevo-Bambo.

Advertisement

Published by alcmaje