Pharmacy – Business Registration Requirements

Bypinoyentre

Sep 13, 2007

When starting a Pharmacy business, the first step to consider is to apply for a Business Registration. Pinoy-Entrepreneur have provided a detailed information to register your Pharmacy business in the Philippines.

FOR SINGLE PROPRIETORSHIP

1. Business Name Registration

Visit Department of Trade & Industry (DTI)
Provincial Office where the business is located
or log on to www.bnrs.dti.gov.ph
Validity : 5 years

Requirements:

  • Accomplished Business Name Registration Form [Single Proprietorship/Partnership (Optional)
  • Tax Identification Number (TIN) (Optional)
  • List of five business names ranked according to preference
  • Registration fee of Php300.00

2. Mayor’s Permit

Agency: Local municipality where the business is located
Validity: 1 year

Requirements:

  • Accomplished Business Permit Application Form
  • DTI – Business Name Certificate
  • Sketch of the business location
  • 2 pcs. 2×2 colored ID Picture
  • Registration fee, the amount of which depends on the type of the business

3. Tax Identification Number (TIN)

Agency: Bureau of Internal Revenue (BIR) National Office, Agham Road, Diliman, Quezon City
Trunkline: (632) 981.7000 / 981.8888
Email: [email protected]
Website: www.bir.gov.ph

Requirements: (to be submitted to BIR Revenue District Office where the business is located)

  • Accomplished Form 1901
  • DTI Certificate of Registration of Business Name
  • Mayor’s Permit
  • Registration Fee of Php500.00

4. Social Security System (SSS)

Loans and Investment Office
SSS Building, East Avenue, Diliman, Quezon City
Tel. Nos.: (632)920.6401 / 920.6446
Email: [email protected]
Website: www.sss.gov.ph

Requirements:

  • Accomplished R1 Form
  • DTI Business Permit
  • Mayor’s Permit

5. Department of Labor and Employment (DOLE) Registration
(with 5 or more employees)

Agency: Department of Labor and Employment (DOLE)
Labor Standard and Enforcement Division Address: 2nd Flr. Dy International Building, San Marcelino cor. Gen. Malvar St., Malate, Manila
Tel. No.: (632) 339.2013
Hotline No.: 527.8000
Email: [email protected]
Website: www.dole.gov.ph

Requirements:

  • Accomplished Rule 1020 Form
  • Lay-out of business location
  • Vicinity map

FOR PARTNERSHIP

1. Securities and Exchange Commission (SEC) Certificate

Securities and Exchange Commission (SEC)
Address: SEC Building, Edsa, Greenhills, Mandaluyong City
Tel. No.: (632) 726.0931 to 39
Email: [email protected]
Website: www.sec.gov.ph
or http://iregister.sec.gov.ph/MainServlet (for online registration)

Requirements:

  • Verification Slip Form (Re: Proposed Name)
  • Accomplished Registration Data Sheet
  • Articles of Partnership
  • Written Undertaking to Change Corporate Name
  • If the contributed capital is in the form of real property, additional requirement is needed:
    – Deed of Assignment executed by the stockholder who is the owner.

FOR CORPORATION

1. Securities and Exchange Commission (SEC) Certificate

Agency: Securities and Exchange Commission (SEC)
Address: SEC Building, Edsa, Greenhills, Mandaluyong City
Tel. No.: (632) 726.0931 to 39
Email: [email protected]
Website: www.sec.gov.ph
or http://iregister.sec.gov.ph/MainServlet (for online registration)

Requirements:

  • Articles of Incorporation and By-Laws
  • Verification Slip Form (Re: Corporate Name)
  • Accomplished Registration Data Sheet
  • Treasurer’s Affidavit
  • Bank Certificate of Deposit
  • Authority to Verify Bank Accounts
  • Written Undertaking to Change Corporate Name, when necessary
  • Subscriber’s Information Sheet
  • If the paid-up capital is in the form of a real property, submit the following additional requirements:
    • Statement of Assets and Liabilities
    • Deed of Assignment executed by the stockholder who is the owner of the property in favor of the corporation. (If the property contributed is a building or a parcel of land, the deed must be presented to the register of Deeds for registration)
    • If the property being contributed is a building, submit detailed list of the building’s giving a brief description of each
    • If the property being contributed is a parcel of land, submit detailed list of the parcel of land showing the OCT/TCT numbers, registered owner, lot and block numbers, area, location and encumbrances, if any
  • Registration fee of Php360.00

OTHER AGENCY

1. Bureau of Food and Drugs (BFAD) Certificate

Agency: Bureau of Food and Drugs
Civic Drive, Filinvest Corporate City Alabang, Muntinlupa City
Tel. Nos. (632) 807.0721 / (632) 842.5606
Email: [email protected]
Website: www.bfad.gov.ph

Requirements:

  • Notarized Petition Form/Joint Affidavit of Undertaking duly accomplished
  • Tentative list of products using generic and brand names, if any
  • Floor area not less than 15 square meters;
  • Generic white labels
  • Dry seal or rubber stamp of outlets
  • Pharmacist Registration Certificate
  • PRC-ID, valid PTR, ID picture and certificate of attendance of owner/pharmacist to a BFAD sponsored/accredited seminar on Licensing of Drug Establishments and Outlets
  • If single proprietorship, Certificate of Business Name Registration from the DTI
  • If corporation, copy of registration with SEC and Articles of Incorporation or Partnership
  • Contract of Lease for the space to be occupied if the owner does not own it
  • Picture of drugstore with signboard
  • Additional:
    • Location Plan
    • Floor Plan with dimension.
  • The following reference books must be present:
    • Philippine National Drug Formulary
    • R.A. 3720 otherwise known as Food, Drugs & Devices & Cosmetics Act
    • R.A. 6675 otherwise known as Generics Act of 1988 and relevant implementing rules and regulations
    • R.A. 5921 otherwise known as Pharmacy Law as amended and relevant implementing rules and regulations
    • R.A. 8203 otherwise known as Special Law on Counterfeit Drugs
  • Any of the following reference books:
    • United States Pharmacopoeia/National Formulary (USP-NF) latest edition
    • Remington’s Pharmaceutical Sciences (latest edition)
    • Goodman and Gillman Pharmacological Basis of Therapeutics (latest edition)
    • Record books duly registered with BFAD (Prescription Book)
  • Registration fee of Php1,000.00

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