Ang Corporation ay  pagmamay-ari ng 5 o higit pang katao. It acts as one entity, with powers and liabilities independent of those of its members.

Ang mga advantages ay ang mga sumusunod:

1. Malaking oportunidad sa paglago
2. Ang pananagutan ng shareholder ay limitado sa kanyang nilagak  na puhunan (limited liability)
3. Pagkakaroon ng propesyonal na pamamalakad
4. Kadalasang matatag, mahirap mabuwag
   

Ang mga disadvantages

1. Kumplikado ang pagtatayo
2. Limitado ang impluwensya ng bawat stockholder sa Management
3. Maaring magkaroon ng burukrasya o pamahalaan ng iilang tao
   

 The Steps in Business Registration:      
1. DTI-BTRCP Registration - It is necessary to register your business with the Department of Trade and Industry (DTI) and the Bureau of Trade Regulation and Consumer Protection (BTRCP) because you will gain the exclusive right to establish and use your business name. It also offers protection from those could take advantage of your name. These government agencies see to it that there is no duplication in the use of names.     

2. SECURITIES and EXCHANGE COMMISSION (SEC) REGISTRATION - The SEC is the government agency that gives the business enterprise its legal personality.     

4. Barangay Clearance - The Local Government Code requires all local businesses to register at the barangay level. This is easy to do and a minimal fee is required.     

5. Registration with the Local Government - Permits and licenses required to ensure that standards are met and that businesses comply with the specific requirements of the business locale.     

6. B.I.R. Registration - The Bureau of Internal Revenue (BIR) will furnish your business with its own tax identification number and the authority to print receipts, invoices, etc.     

7. SSS Registration - The Social Security System offers your employees many benefits. It also benefits you, as employer, in cases of employees' disability or death.     

8. DOLE Registration - Registering with the Department of Labor and Employment (DOLE) is required for businesses with 5 or more workers.     

9. PHILHEALTH - Securing membership in the government health care benefits system.     

10. Manila Electric Co. (MERALCO) - Securing electric services connection for business in MERALCO franchise area; local electric utility firms for companies locating in non-MERALCO franchise area.     

11. Maynilad Water Company and/or Manila Water Company for firms locating in Metro Manila and Local Water Utilities Administration (LWUA) for firms locating outside Metro Manila - Securing Water services.     

12. Philippine Long Distance Telephone Co. (PLDT), Bayantel, Digitel, Smart and Globelines - Securing Telephone services connection.     

13. Registration with other offices - You may be required to register with other agencies of government, depending on your type of business. Some examples are the Bureau of Food and Drug, Garment and Textile Board, Department of Tourism, Philippine National Police.

Resource: DTI 

Ang Partnership or May Mga Kasosyo ay isang uri ng negosyo na pagmamay-ari ng 2 or higit pang katao. Its powers and liabilities are dependent on its members to the extent defined in the Articles of Partnership.

Ang mga advantages ay ang mga sumusunod:

1. Madaling itatag
2. Mayroong check and balance sa magkasosyo, kaya malamang  walang aabuso
3. Magkasamang haharap ang magkasosyo sa paglago at pati narin sa mga problema nito

 Ang mga disadvantages:

1. Maaring di magkasundo ang magkasosyo at mabuwag ang negosyo
2. Ang desisyon ng isa sa may-ari ay para sa lahat
3. Ang pananagutan ng shareholder ay hindi limitado sa kanyang nilagak na puhunan 

The Steps in Business Registration:     
1. DTI-BTRCP Registration - It is necessary to register your business with the Department of Trade and Industry (DTI) and the Bureau of Trade Regulation and Consumer Protection (BTRCP) because you will gain the exclusive right to establish and use your business name. It also offers protection from those could take advantage of your name. These government agencies see to it that there is no duplication in the use of names.    

2. SECURITIES and EXCHANGE COMMISSION (SEC) REGISTRATION - The SEC is the government agency that gives the business enterprise its legal personality.    

3. Barangay Clearance - The Local Government Code requires all local businesses to register at the barangay level. This is easy to do and a minimal fee is required.    

4. Registration with the Local Government - Permits and licenses required to ensure that standards are met and that businesses comply with the specific requirements of the business locale.

5. B.I.R. Registration - The Bureau of Internal Revenue (BIR) will furnish your business with its own tax identification number and the authority to print receipts, invoices, etc.    

6. SSS Registration - The Social Security System offers your employees many benefits. It also benefits you, as employer, in cases of employees' disability or death.    

7. DOLE Registration - Registering with the Department of Labor and Employment (DOLE) is required for businesses with 5 or more workers.    

8. PHILHEALTH - Securing membership in the government health care benefits system.    

9. Manila Electric Co. (MERALCO) - Securing electric services connection for business in MERALCO franchise area; local electric utility firms for companies locating in non-MERALCO franchise area.    

10. Maynilad Water Company and/or Manila Water Company for firms locating in Metro Manila and Local Water Utilities Administration (LWUA) for firms locating outside Metro Manila - Securing Water services.    

11. Philippine Long Distance Telephone Co. (PLDT), Bayantel, Digitel, Smart and Globelines - Securing Telephone services connection.    

12. Registration with other offices - You may be required to register with other agencies of government, depending on your type of business. Some examples are the Bureau of Food and Drug, Garment and Textile Board, Department of Tourism, Philippine National Police.

Resource:DTI,TLRC 

Ang Sole or Single Proprietor ang pinaka basic form of business that you can establish. Ito ay maaring patakbuhin ng isang tao lamang. 

Ang mga advantages ng ganitong uri ng negosyo ay ang mga sumusunod

1. Madaling itatag
2. Ang may-ari ang gumagawa ng lahat ng desisyon 

Ang mga disadvantage:

1. Maraming kailangan sa panig ng may-ari tulad ng oras, atensyon at pananalapi
2. Nakasalalay ang paglago sa kakayangang pinansyal ng may-ari
   

The Steps in Business Registration:    

1. DTI-BTRCP Registration - It is necessary to register your business with the Department of Trade and Industry (DTI) and the Bureau of Trade Regulation and Consumer Protection (BTRCP) because you will gain the exclusive right to establish and use your business name. It also offers protection from those could take advantage of your name. These government agencies see to it that there is no duplication in the use of names.    

2. Barangay Clearance - The Local Government Code requires all local businesses to register at the barangay level. This is easy to do and a minimal fee is required.    

3. Registration with the Local Government - Permits and licenses required to ensure that standards are met and that businesses comply with the specific requirements of the business locale.

4. B.I.R. Registration - The Bureau of Internal Revenue (BIR) will furnish your business with its own tax identification number and the authority to print receipts, invoices, etc.    

5. SSS Registration - The Social Security System offers your employees many benefits. It also benefits you, as employer, in cases of employees' disability or death.    

6. DOLE Registration - Registering with the Department of Labor and Employment (DOLE) is required for businesses with 5 or more workers.    

7. PHILHEALTH - Securing membership in the government health care benefits system.    

8. Manila Electric Co. (MERALCO) - Securing electric services connection for business in MERALCO franchise area; local electric utility firms for companies locating in non-MERALCO franchise area.    

9. Maynilad Water Company and/or Manila Water Company for firms locating in Metro Manila and Local Water Utilities Administration (LWUA) for firms locating outside Metro Manila - Securing Water services.    

10. Philippine Long Distance Telephone Co. (PLDT), Bayantel, Digitel, Smart and Globelines - Securing Telephone services connection.    

11. Registration with other offices - You may be required to register with other agencies of government, depending on your type of business. Some examples are the Bureau of Food and Drug, Garment and Textile Board, Department of Tourism, Philippine National Police.

Resoruce: DTI, TLRC