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...
The Securities and Exchange Commission (SEC) plays a crucial role in regulating and facilitating business formation in the Philippines. It serves as the primary government agency overseeing corporate...
Registering a new business in the Philippines involves several legal requirements, one of which is obtaining an Employer Registration Number (ERN). This number is essential for compliance with labor...
Registering a business under the Philippine Board of Investments (BOI) offers various incentives, including tax exemptions, duty-free importation, and investment assistance. The BOI, under the...
The Revised Corporation Code of the Philippines (Republic Act No. 11232) was enacted in 2019, replacing the Corporation Code of 1980. The new law introduced significant reforms aimed at making...
Many entrepreneurs in the Philippines start their businesses as a sole proprietorship due to its simplicity and minimal regulatory requirements. However, as the business grows, converting to a...
