Ang Pahayagan

PAMPANGA (PIA) — Business confidence in Central Luzon remains optimistic in 2022. 

This as the Department of Trade and Industry (DTI) reported a total of 118,791 business name registrations (BNRs) from January to December. 
 
“The surge [in business name registration] means that more residents are venturing into entrepreneurship which could bring investments and generate more jobs in the region. This is a positive sign as we continue to adapt in the new economic atmosphere,” DTI Regional Director Leonila Baluyut said. 
 
She added that the figure in 2022 is 4.9 percent higher than the total number of business names processed in 2021 at 113, 214.
 
Of the 118,791 BNRs tallied last year, Bulacan registered the most number of business names with 35,523. This was followed by Pampanga with 28,625 registrations; Nueva Ecija – 18,998; Tarlac —12,820; Zambales – 10,504; Bataan – 9,648; and Aurora – 2,673 BNRs.
 
In addition, DTI said that of the total number, 88% or 105,107 business names processed were new registrations; while 12% or 10,384 were renewals.
 
In terms of the mode of registration, Baluyut said that 95,943 BNRs transacted online through the Business Name Registration System. This is 10.29% higher compared to online registrations in 2021.
 
With this, the director urged entrepreneurs to register their businesses by going to the DTI Regional Office, Provincial Offices, and the 140 Negosyo Centers across the region. 
 
For convenience, she said entrepreneurs may opt to use DTI’s online facility which can be accessed through https://bnrs.dti.gov.ph.
 
Payment of BN registration can also be done online through GCash,Paymaya, LandBank’s LinkBizPortal for those with LandBank accounts, and through credit or debit cards; or over-the-counter through 7-11 and Bayad Centers.
 
BN registrations are regulated under Republic Act 3883 otherwise known as the Business Name Law, and have a validity of five years but can be renewed as early as 180 days before its expiration. (CLJD/MJSC-PIA 3)

📸 Department of Trade and Industry Regional Director Leonila Baluyut. (PIA file photo)