Author: Mark Virgil Lofranco

  • How to Register a Business with the Philippine Economic Zone Authority (PEZA)

    How to Register a Business with the Philippine Economic Zone Authority (PEZA)

    Registering a business with the Philippine Economic Zone Authority (PEZA) offers numerous benefits, including tax incentives, simplified import/export procedures, and access to world-class infrastructure. Businesses engaged in export-oriented industries, IT services, manufacturing, and logistics often seek PEZA registration to maximize operational efficiency and reduce costs. This guide outlines the step-by-step process for registering a business…

  • Why Compliance with Labor Laws is Important for New Businesses

    Why Compliance with Labor Laws is Important for New Businesses

    Starting a business in the Philippines requires more than just securing permits and registering with the necessary government agencies. Compliance with labor laws is equally crucial, as it ensures a legally sound work environment, protects employee rights, and safeguards businesses from penalties or legal disputes. Understanding and adhering to Philippine labor regulations is essential for…

  • Understanding the Annual Business Renewal Process

    Understanding the Annual Business Renewal Process

    Businesses in the Philippines are required to renew their permits and registrations annually to maintain compliance with national and local government regulations. Failure to complete the Annual Business Renewal Process can result in penalties, fines, or even business closure. This guide outlines the necessary steps and deadlines to ensure smooth business renewal. Step 1: Renew…

  • How to Register a Business Under the Bureau of Internal Revenue (BIR)

    How to Register a Business Under the Bureau of Internal Revenue (BIR)

    Registering a business with the Bureau of Internal Revenue (BIR) is a mandatory step for compliance with Philippine tax laws. The BIR Certificate of Registration (BIR Form 2303) is required to legally operate a business, issue official receipts, and pay the appropriate taxes. Failure to register with the BIR may result in penalties and legal…

  • How to Apply for a Permit from the Bureau of Food and Drugs (FDA)

    How to Apply for a Permit from the Bureau of Food and Drugs (FDA)

    The Food and Drug Administration (FDA) of the Philippines is responsible for regulating food, drugs, cosmetics, medical devices, and other health-related products. Businesses involved in the manufacturing, importation, distribution, or sale of these products must secure an FDA License to Operate (LTO) to ensure compliance with safety and quality standards. Failure to obtain the proper…

  • How to Register a Business with PhilHealth and Pag-IBIG

    How to Register a Business with PhilHealth and Pag-IBIG

    Registering a business with PhilHealth and Pag-IBIG Fund is a mandatory requirement for employers in the Philippines. These government agencies provide healthcare and housing benefits for employees. Failure to comply with registration and contribution requirements can result in penalties. This guide outlines the step-by-step process for registering a business with PhilHealth and Pag-IBIG. Step 1:…

  • How to Register a Business with the Social Security System (SSS)

    How to Register a Business with the Social Security System (SSS)

    Registering a business with the Social Security System (SSS) is a crucial step for employers in the Philippines. Compliance with SSS regulations ensures that employees receive essential social security benefits, including retirement, sickness, disability, maternity, and death benefits. Employers who fail to register may face penalties and legal consequences. This guide provides a step-by-step process…

  • How to Register a Consulting Firm or Professional Services Business

    How to Register a Consulting Firm or Professional Services Business

    Setting up a consulting firm or professional services business in the Philippines requires compliance with various legal, tax, and regulatory requirements. Whether offering management, legal, financial, IT, or engineering consultancy, registration ensures that the business operates legally and qualifies for tax benefits and government incentives. This guide outlines the step-by-step process to register a consulting…

  • How to Register a Business Process Outsourcing (BPO) Company

    How to Register a Business Process Outsourcing (BPO) Company

    The Business Process Outsourcing (BPO) industry is one of the fastest-growing sectors in the Philippines, attracting local and foreign investors due to its cost efficiency, skilled workforce, and government incentives. Setting up a BPO company in the Philippines requires compliance with legal, tax, and labor regulations. This guide provides a step-by-step process for registering a…

  • How to Register a Subsidiary Company in the Philippines

    How to Register a Subsidiary Company in the Philippines

    A subsidiary company is a corporation in the Philippines that is majority-owned or controlled by a foreign or local parent company. Unlike a branch office, a subsidiary is considered a separate legal entity, giving it liability protection and allowing it to engage in activities independently. Registering a subsidiary in the Philippines involves several legal steps…