The rules and regulations or the process of registering a business is usually different in various countries. Recently I just found out after registering your business name, there are also other registration you need to do along the line as well. One of such registration is your logo registration. By registering your logo, it means you are the legal owner of the design, therefore you have the right to sue anyone who uses similar design in the future.
How many things do you pay for during business registration in your country?
- Thread starter eldavis
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There are like four to five things that entrepreneurs tend to pay for when registering their businesses. These are: the business company, business certificate, business permit, medical certificate, in case of food related business among others.
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- #3
Wow, okay so after paying for three things, does the business owner have to renew them from time to time, like a yearly subscription or do you have to pay just once and you are good to go?
To protect your brand and intellectual property, it's important to register your logo. This not only gives you legal ownership of the design, but also provides you with the ability to take legal action against anyone who tries to use it without permission.
Here, that depends on the type of company you need to set up. If it is just a sole proprietorship, you only need to get a business registration certificate. If you are setting up a limited company, you need to get to incorporate a company and appoint at least one director. You are also required to get the service of an auditor to audit your account annually and a company secretary to file an annual report with the Companies Registry.
It depends on the kind of business you are operating big or small, a mall or electrical products and more. The logo here is registered through the Securities and Exchange Commission, the business name is registered at the BIR. Permits to operate in BIR with Mayor's permits.
You can decide to pay for the name search if you don't have the time to do the name search by yourself.
