As the global Business Process Outsourcing “BPO” market continues to expand, outsourcing destinations like Latin America and the Philippines are…
Fueled by advancements in computer technology, the Online Gaming industry has become one of the biggest moneymakers in the Philippines today. As responsible online gaming becomes an accepted form of recreation or diversion for a number of Filipinos, the annual profits of online casinos, bingo, and sports-betting companies keep increasing at a tremendous rate. PhilWeb, one of the largest online gaming companies in the Philippines today, posted a profit increase of 52% in the first quarter of 2010 alone.
Business Process Outsourcing (BPO) is one of the fastest-growing industries in the Philippines today. Since it’s advent, the industry has experienced steady growth in annual revenue, boasting a 23% increase in 2009 alone.
Outsourcing companies in the Philippines can opt for either PEZA or BOI Registration to obtain tax incentives in their respective fields of enterprise.
The Philippine BPO market is expected to continue on a positive trend. Experts at the Business Processing Association of the Philippines project an annual increase of at least 4-10% in global market shares, coupled with an expected revenue of at least $10-12 billion.
K&C has relationships with many small and medium size call centers and BPO companies in the Philippines including Makati, Ortigas, Manila and Fort Bonifacio. We offer brokerage services for companies interested in aquiring call centers and BPO companies in the Philippines.
Foreign companies starting or doing business in the Philippines must register their company with various government agencies including the SEC, BIR, SSS, Phil-health, Pag-ibig and obtain clearance from local governments .
Companies starting or doing business in the Philippines need to perform a number of key steps to setup a company in the Philippines and start their business. Whether you are putting up a BPO such as a call center or web development outsourcing company, below are tasks you would need to accomplish to get your new company up and running as quickly and efficiently as possible.