DAVAO CITY – The regional Department of Trade and Industry (DTI) here announced on Thursday that processing business name registration (BNR) applications only takes 15 minutes.
During the first quarter of this year, DTI reported that 99 percent or 5,036 out of the 5,097 total number of approved applications were processed within the 15-minutes turnaround time, which is defined as the time when the application complete with the requirements is submitted until the certificate is released.
In a statement, DTI-Davao Region Officer-in-Charge Maria Belenda Q. Ambi said the other one percent of the overall approved applications could be attributed to some technical problems especially when the internet connection is down.
“Our BN verifiers need to log on to the web-based BNR system to check if the trade name being applied for is still available. Thus, if the internet connection is down, which happens at times, the BN verifiers cannot complete the entire process,” she said.
Of the 5,036 applications processed within 15 minutes turn-around time, 2,176 are from Davao City, 1,102 from Davao del Norte, 740 from Davao del Sur, 523 from Compostela Valley, and 495 from Davao Oriental.
