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If not done correctly from the outset, registering a business in the Philippines can be a complicated and tedious process. That is why it is important for foreign companies to be 100% compliant from the very beginning, and to familiarize themselves with the procedures in setting up and registering a business in the Philippines. In order to successfully incorporate a business in the Philippines, a number of things must first be taken into consideration. The appropriate investment vehicle must be chosen, whether it is a fully-foreign owned branch office, a fully-foreign owned domestic corporation, a fully-foreign owned representative office, or a 60/40 subsidiary, and the business must be registered with the relevant government agencies, including the Philippines Securities and Exchange Commission (SEC), the Department of Trade and Industry (DTI), the Bureau of Internal Revenue (BIR), as well as with investment bodies like PEZA and BOI.
by Yves De-Luis In 2009, Bridgebury Realty Corp, an affiliate of the Zuellig Group, announced that it will be investing…
by: Austin Shi In starting and incorporating a new business in the Philippines, a foreign company faces a number of…
KMC Solutions, a sister company of Makati-based real estate brokerage firm, KMC MAG Group, recently opened a 1,050 square meter…
by: Jason dela Torre Renewable energy is a growing industry in the Philippines, thanks in part to increased investor optimism…
by: Jason dela Torre Republic Act (RA) 9593, or the Tourism Act of 2009 passed by the Arroyo administration, cements…