Business Consulting BlogHow to Change Business Address With SEC & DTI in the Philippines

August 15, 2023
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How to Change a Business Address in the Philippines: A Comprehensive Guide

Changing a business address in the Philippines involves navigating the regulatory frameworks of two key government agencies: the Securities and Exchange Commission (SEC) and the Department of Trade and Industry (DTI). Whether you’re a corporation registered with the SEC or a sole proprietorship registered with the DTI, this guide provides a step-by-step walkthrough of the processes involved.

Changing Business Address with the Securities and Exchange Commission (SEC):

  1. Preparation:
    • Ensure you have the necessary documents and information ready, including the amended Articles of Incorporation or Partnership (if applicable), updated business address details, and a board resolution approving the address change.
  1. Amending Articles of Incorporation/Partnership:
    • Draft the amended Articles of Incorporation/Partnership, reflecting the new business address. Include the specific provision regarding the change of address.
  1. Board Resolution:
    • Hold a board meeting to pass a resolution approving the change of address. Minutes of the meeting should be prepared and kept for documentation.
  1. Notarization:
    • Notarize the amended Articles of Incorporation/Partnership and the board resolution.
  1. SEC Online Submission:
    • Create an account on the SEC’s online portal and access the “Amendment of Articles of Incorporation/Partnership” form.
    • Fill in the required details, upload the notarized documents, and submit the application.
  1. Payment of Fees:
    • Pay the necessary filing and processing fees through the online payment portal.
  1. Waiting Period:
    • The SEC will review your application. The processing time may vary, but it usually takes a few weeks.
  1. Approval and Issuance:
    • Upon approval, the SEC will issue a Certificate of Filing of Amended Articles of Incorporation/Partnership reflecting the new business address.

Changing Business Address with the Department of Trade and Industry (DTI):

  1. Preparation:
    • Gather the required documents, including a filled-out DTI Business Name Registration Form (BNRF) and a board resolution approving the change of address.
  1. Board Resolution:
    • Hold a board meeting to pass a resolution authorizing the change of business address. Document the minutes of the meeting.
  1. Notarization:
    • Notarize the board resolution.
  1. DTI Online Portal:
    • Access the DTI’s online business name registration portal.
  1. Online Application:
    • Fill out the DTI Business Name Registration Form (BNRF) with the updated address information. Upload the notarized board resolution.
  1. Payment of Fees:
    • Pay the necessary fees through the online payment system.
  1. Processing:
    • The DTI will review your application. The processing time may vary.
  1. Certificate Issuance:
    • The DTI will issue an updated Certificate of Business Name Registration with the new address upon approval.

Key Points to Remember:

  • Both the SEC and DTI processes involve notarized documents, which adds a layer of authenticity to the changes made.
  • Timelines for processing can vary depending on the agency’s workload and other factors.
  • It’s crucial to ensure that all required information and documents are accurately provided to prevent delays in the application process.
  • Keep copies of all documentation for future reference and compliance.

In conclusion, changing a business address in the Philippines requires careful attention to detail and adherence to the specific procedures outlined by the SEC and DTI. By following these step-by-step processes, businesses can successfully update their addresses and remain compliant with regulatory requirements.

Is Help Available?

Yes. We can assist you changing your business address. Triple i Consulting prides itself on a legacy spanning more than 15 years, during which we have provided adept consultation services to individuals and enterprises, facilitating realizing their strategic business objectives.

To schedule an initial consultation with one of our business consultant experts, please contact us through one of the channels below:

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