What is the Department of Trade and Industry?
Department of Trade and Industry (DTI) is dedicated to protecting consumers’ rights and interests. It is a government agency responsible for establishing policies and programs intended at supporting the Philippine economy’s growth and development.
The DTI protects consumer education and information distribution initiatives, in addition to monitoring the successful implementation and enforcement of trade regulation and fair trade legislation.
The Department of Trade and Industry (DTI) was established in 1898 to handle local industry and foreign trade expansion. Its primary mission at the time was to assist the Departments of Agriculture and Commerce in boosting National Trade and Industry.
The Department of Trade and Industry is also in charge of fulfilling the country’s aim of a globally innovative and competitive industry and service sector that contributes to growth in the economy.
Changes in government and agency responsibilities eventually allowed the Ministry of Trade and Industry to be established almost 75 years after its founding, and, following the People Power Revolution, the Department as it is currently known.
Its mission as the government’s key economic accelerator in enabling creative, competitive, and empowering consumers is based on the values of passion, integrity, creativity, and competence.
These DTI actions are taken to realize its vision 2022 of a more accessible and thriving Philippines with opportunities for work and earnings for all.
According to the Philippine Development Plan (PDP) 2017-2022, the Department of Trade and Industry (DTI) will work to eliminate poverty and inequality through developing economic opportunities in the manufacturing and services sectors.
Also, through improving access to these possibilities, particularly for micro, small, and medium enterprises (MSMEs), organizations, and overseas Filipinos (OFs).
DTI must enhance local and international direct investments, as well as the competitiveness, organizational innovation, and adaptability of industries and services, to achieve these sector objectives by 2022.
The Department of Trade and Industry (DTI) aims to increase access to capital, manufacturing networks, and markets.
It also improves productivity, effectiveness, and security, as well as providing consumers with quality assurance in products and services.
DTI accomplished six major programs including the Exports and Investment Development Program, Industry Development Program, SME Development Program, Good Governance Program, Consumer Protection Program, Consumer Education, and Advocacy Program.
The vision of the Department of Trade and Industry
It envisions the Philippines as a wealthy and democratic member of the international world.
DTI is an active and leading partner in driving the Philippines toward an equitable, vibrant, and thriving economy, working in collaboration with business.
Its success is built on global competitiveness, with sustainable development and economic efficiency acting as the foundation.
DTI commits to the values of professionalism, honesty, and transparency in all these.
The Department of Trade and Industry (DTI) will continue to be the public’s Agency of Choice, an organization that values creativity, innovation, and professional and personal development.
The mission of the Department of Trade and Industry
One of the missions of the Department of Trade and Industry is to enable the business environment to reduce the cost of doing business to facilitate trade and investments.
Global competitiveness and empowering consumers are also one of the goals of DTI.
By implementing activities that support knowledgeable and attentive consumers as well as cooperative and self-policing companies, DTI provides safety measures to protect the environment with excellent and safe products at competitive costs.
What is the purpose of a DTI registration?
To ensure that no other business or organization has the same name as everyone else’s, entrepreneurs must register a business permit and name with the Department of Trade and Industry (DTI).
For sole proprietorship enterprises, DTI registration is the initial step to ensure that they may continue operating their business without any legal issues and concerns.
If you want to register your business online, you can go to DTI registration.
The certification and receipt will be emailed to your registered email address in PDF format after processing that takes 3 to 5 days.