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SEC/DTI Endorsement for PSA/PDA

        Endorsement for business name and other changes such as address, licensee and etc.)

 

Office or Division:

Record Section, Security Licensing Division

Classification:

Simple

Type of Transaction:

G2C – Government to Citizen

Who may avail:

All (General Public)

CHECKLIST OF REQUIREMENTS

WHERE TO SECURE

1. Letter request, stated therein the following below (Original and Photocopy).

·   Name of Licensee;

·      Desired PSA/PDA corporate/business name; and

·      Desired PSA/PDA corporate/business address.

Requesting Party

ADDITIONAL DOCUMENTARY REQUIREMENTS FOR SPECIFIC ENDORSEMENT:

· For New Corporation:

o Corporate/Business name Reservation from SEC.

o Articles of Incorporation originally signed by Incorporators (Original copy).

o By-Laws (Original copy).

· For New Partnership:

o Corporate/Business name Reservation from SEC.

o Articles of Partnership originally signed by Partners (Original copy).

· From Single Proprietorship to Corporation:

o Corporate/Business name Reservation from SEC.

o Articles of Incorporation originally signed by Incorporators (Original copy).

o By-Laws originally signed by Incorporators (Original copy).

o Former PSA/PDA as Single Proprietorship DTI Certificate of Cancellation (Photocopy)

· From Single Proprietorship to Partnership:

o Corporate/Business name Reservation from SEC.

o Articles of Partnership originally signed by Partners (Original copy).

o By-Laws (Original copy).

o Former PSA/PDA as Single Proprietorship DTI Certificate of Cancellation (Photocopy)

· From Corporation to Single Proprietorship:

o Additionally state in the Letter Request the reason and purpose of change.

o Corporate/Business name Reservation from SEC.

o Corporate Board Resolution signed by the Incorporators including the Licensee, stating therein the change from Corporation to Single Proprietorship (Original and Photocopy).

o Former PSA/PDA as Corporation SEC Revocation (Photocopy).

· From Corporation to Partnership:

o Additionally state in the Letter Request the reason and purpose of change.

o Corporate/Business name Reservation from SEC.

o Corporate Board Resolution signed by the Incorporators including the Licensee, stating therein the change from Corporation to Single Proprietorship (Original and Photocopy).

SEC/DTI

CLIENTS STEPS

AGENCY ACTIONS

FEES TO BE PAID

PROCESSING TIME

PERSON RESPONSIBLE

1.   Submits Request for Endorsement and other supporting documents for evaluation only

1.    Checks the completeness and validity of documents then verifies database if allowed or authorized

None

1 Hour

Evaluator, RS

(If request passed evaluation and endorsed for receipt by Evaluator, RS)

2.   Submits Request for Endorsement and other supporting documents to be officially received.

1. Officially receives request for endorsement, issues claim stub to applicant and let him/her sign logbook then signs transaction slip

None

1Hour

Evaluator, RS

2.  Prepares Endorsement for C, SOSIA then attached to request and signs transaction slip

None

 

1 Day

 

Processor, RS

3.   Reviews request and attached Endorsement, recommends approval then signs transaction slip

None

1 Hour

Chief, RS

4.   Reviews request and attached Endorsement, recommends approval then countersigns Endorsement and signs transaction slip

None

2 Hours

Chief, SLD

5.   Reviews request and attached Endorsement, recommends approval then countersigns Endorsement and signs transaction slip

None

3 Hours

AC, SOSIA

6.   Approves and signs Endorsement

None

5 Hours

C, SOSIA

7.   Notifies applicant of approved Endorsement

None

1 Hour

SMO, RS

8.   Issues Order of Payment (OP) to applicant for national license fee to be paid at Land Bank of the Philippines (LBP)

None

1 Hour

3.    Receives OP and go to Land Bank of the Philippines (LBP) to pay the necessary fee/s

1.   LBP receives OP and payment then issues Special Bank Receipt (SBR) to applicant

P100.00

 

LBP Action Officer (LBP is outside of the PNP, work time

4.   Submits SBR& Claim Stub to SMO/ Receive the document/s

1.    Verifies claim stub and attaches the SBR to the request

None

1 Hour

SMO, RS

 

2.   Releases Endorsement and let him/her sign the logbook then signs transaction slip

None

1 Hour

SMO, RS

TOTAL:

P100.00

3 Days