By Yves De-Luis There is increasing awareness and support to saving the planet. This makes LEED certification increasingly meaningful. LEED…
BPO Industry
by: Kathleen Yu Virtual offices are now gaining in popularity as ideal office space options for start up companies doing…
by: Austin Shi Foreign BPOs, call centers, and IT companies setting up business operations in the Philippines can opt for…
by: Jason dela Torre Foreign and local companies setting up business operations in Makati City have a large number of…
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: Austin Shi In starting and incorporating a new business in the Philippines, a foreign company faces a number of…