Author: Mark Virgil Lofranco

Expanding your business to multiple locations in the Philippines involves a series of regulatory steps to ensure compliance with national and local laws. Here’s a comprehensive guide to assist you in this process: 1. Registering the Main Office Before establishing multiple locations, ensure that your main office is properly registered: Sole Proprietorship: Register with the…

Registering a business as a sole proprietorship is one of the simplest and most popular ways to start a business in the Philippines. However, while it offers certain advantages, this type of business structure also carries specific legal implications that entrepreneurs must consider carefully. This guide explores the key legal aspects of registering as a…

Changing your business name in the Philippines requires adherence to specific procedures set by the appropriate regulatory bodies: the Department of Trade and Industry (DTI) for sole proprietorships and the Securities and Exchange Commission (SEC) for corporations and partnerships. Here’s a comprehensive guide to navigate the process: For Sole Proprietorships: Department of Trade and Industry…

Amending your business registration documents in the Philippines is a crucial process that ensures your company’s records accurately reflect its current status and operations. Whether you’re changing your business address, updating the company name, or modifying other pertinent details, it’s essential to follow the prescribed procedures to maintain compliance with regulatory authorities. 1. Determine the…

After successfully registering your business in the Philippines, it’s crucial to adhere to various post-registration requirements to ensure legal compliance and smooth operations. Neglecting these obligations can lead to penalties, fines, or even suspension of business activities. Here’s a comprehensive guide to help you navigate these essential post-registration steps: 1. Secure Local Government Permits Barangay…

In the Philippines, registering a corporation requires more than just filing the Articles of Incorporation with the Securities and Exchange Commission (SEC). Equally essential is drafting the corporation’s by-laws, a document that serves as the operational rulebook for the company. The by-laws not only guide corporate governance but also ensure that the corporation complies with…

The General Information Sheet (GIS) is a critical compliance document required by the Securities and Exchange Commission (SEC) in the Philippines. This document provides an annual update on a corporation’s basic information, including its officers, directors, shareholders, and other corporate details. Filing the GIS is mandatory for all domestic and foreign corporations registered in the…

In the Philippines, a Corporate Secretary plays a pivotal role in the creation, governance, and legal compliance of corporations. Mandated under the Revised Corporation Code of the Philippines (Republic Act No. 11232), the Corporate Secretary ensures that the corporation adheres to its regulatory obligations, from registration to its day-to-day operations. This article explores the key…

Registering your business in the Philippines is just the beginning. To ensure your business operates legally and avoids penalties, maintaining compliance with post-registration requirements is essential. Compliance not only protects your business but also fosters trust with clients, investors, and regulatory authorities. This blog outlines the key steps to staying compliant after registering your business…

Starting and running a business in the Philippines requires compliance with various legal requirements to ensure your operations are legitimate and protected. Obtaining the necessary permits and licenses is not only a legal obligation but also a way to build credibility with customers and partners. This guide will help you understand the key permits and…