Author: Mark Virgil Lofranco

For new corporations in the Philippines, compliance with the Data Privacy Act of 2012 is as crucial as any financial or operational obligation. As a lawyer practicing in the Philippines, I often counsel clients on the importance of data protection and privacy. Here’s a guide to help new corporations navigate the complexities of the Data…

Starting a new business in the Philippines comes with a myriad of responsibilities, and among the most critical are tax obligations. As a Filipino lawyer specializing in corporate law, I understand how navigating the tax landscape can be daunting for new entrepreneurs. Let’s break down the essentials of corporate tax that every new business must…

For corporations in the Philippines, the General Information Sheet (GIS) is a critical document that must be filed annually with the Securities and Exchange Commission (SEC). As a Filipino CPA, I emphasize to my clients the importance of this compliance requirement. Here’s what you need to know about the GIS and how to properly file…

In the Philippines, establishing a corporation involves various financial considerations, one of which is paid-up capital. Understanding its role and significance is crucial for both new and seasoned entrepreneurs. As a corporate lawyer in the Philippines, I’ll guide you through the importance of paid-up capital in the context of Filipino corporations. What is Paid-Up Capital?…

Choosing the right name for your company is the first step in establishing your brand identity. In the Philippines, the process is governed by specific rules and regulations outlined by the Securities and Exchange Commission (SEC). Here’s how to ensure your company name meets these guidelines. Understanding SEC Naming Guidelines The SEC mandates that a…

By-laws serve as the internal rulebook of a corporation in the Philippines. They are a set of guidelines created by the corporation’s board of directors after the corporation has been registered. Understanding the role and contents of by-laws is crucial for every corporation to ensure lawful and smooth operations. The Role of By-Laws in Corporate…

The Articles of Incorporation is a fundamental document required to register a corporation in the Philippines. It outlines a company’s basic information, structure, and compliance with the Securities and Exchange Commission (SEC). As a Filipino lawyer guiding you through this legal process, here’s what you need to know. Understanding Articles of Incorporation The Articles of…

In the Philippines, the Tax Identification Number (TIN) is more than just a requirement for tax purposes; it’s an essential part of legally conducting business. It serves as a business entity’s identity in all transactions involving the Bureau of Internal Revenue (BIR), the country’s tax authority. Here’s what every Filipino business owner must understand about…

Starting a business in the Philippines requires compliance with various legal requirements, one of which is securing a Mayor’s Permit (also known as a Business Permit). This document is proof that your business has been granted the permission to operate within the jurisdiction of a city or municipality. Here’s a comprehensive guide to help Filipino…

The Digital Transformation of Corporate Registration In an era where digital technology is reshaping every aspect of our lives, the process of corporate registration in the Philippines is also undergoing a significant transformation. This blog post aims to provide a comprehensive overview of the digital solutions available for corporate registration, offering insights into how these…