Author: Mark Virgil Lofranco

Overseas Filipino Workers (OFWs) are often hailed as the modern-day heroes of the Philippines. Their hard work and remittances significantly contribute to the nation’s economy. But as many OFWs eventually seek opportunities to return home and invest in their homeland, the idea of starting a business emerges as a promising prospect. If you’re an OFW…

The Philippines, often dubbed as the “Pearl of the Orient,” is more than just an archipelago of picturesque islands. It is rapidly becoming a magnet for international businesses. Establishing a branch office in the country offers numerous advantages. If you’re contemplating a move, here are the top 10 reasons why the Philippines should be on…

Cebu, often referred to as the “Queen City of the South,” is not just one of the Philippines’ top tourist destinations; it’s also emerging as a key business hub in the archipelago. Its unique blend of urban sophistication, cultural richness, and strategic location makes it a prime choice for entrepreneurs and investors. If you’re scouting…

The Philippines, an archipelagic country with a diverse culture and resilient economy, is continuously showing promise in various sectors. As 2024 unfolds, several businesses stand out due to their adaptability, innovation, and relevance to current market demands. If you’re looking for inspiration or scouting for investment opportunities, here are the top ten booming businesses in…

The Philippines, with its robust economy and growing consumer base, presents lucrative opportunities for businesses. Among these, the lending industry has witnessed a surge in recent years, thanks to increasing financial literacy and the demand for easy credit solutions. If you’re considering tapping into this market, understanding the legal prerequisites is paramount. Here’s a comprehensive…

The Philippines is not just famous for its mesmerizing landscapes, but it’s also becoming an increasingly attractive destination for professionals from across the globe. While there’s plenty to love about working in this Southeast Asian gem, there’s a legal requirement that foreign nationals must keep in mind: the Alien Employment Permit (AEP). Here’s why securing…

The Philippines, with its beautiful islands, rich history, and vibrant culture, has always been a hotspot for foreigners. Whether they come for work, business, or even prolonged vacation, the country’s allure is undeniable. However, if you’re a foreign national looking to work or establish long-term residency, understanding the intricacies of the Philippine visa system is…

Corporate registration in the Philippines is not without its challenges. Common oversights can lead to delays, fines, or worse, legal complications. A frequent mistake? Skipping name verification with the SEC. This can result in identity conflicts and legal tussles. Ensure your business name is unique and resonates with your brand. Another pitfall is overlooking local…

Introduced as a fresh business structure, the One Person Corporation (OPC) in the Philippines is reshaping the entrepreneurial landscape. Unlike traditional corporations that require at least five incorporators, an OPC allows a single individual to reap the benefits of a corporation. Why consider an OPC? Limited liability tops the list. Your personal assets remain protected…

Starting a corporate venture in the Philippines? You’re embarking on a promising journey in a nation known for its entrepreneurial spirit. However, proper corporate registration is crucial for a smooth start. First, determine the business structure best suited for your needs. Options include Sole Proprietorship, Partnership, Corporation, and the emerging One Person Corporation (OPC). Each…