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