Category: Blog

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…

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…

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…

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…

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 registration, ensuring transparency, and protecting investors and the public. Entrepreneurs and investors must understand the SEC’s responsibilities and legal requirements when forming a corporation, partnership, or other…

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 laws and social welfare programs such as the Social Security System (SSS), Philippine Health Insurance Corporation (PhilHealth), and Home Development Mutual Fund (Pag-IBIG). Failure to register…

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 Department of Trade and Industry (DTI), promotes investments in preferred economic activities listed in the Investment Priorities Plan (IPP). This guide provides a step-by-step process to register a business with…

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 business registration easier, improving corporate governance, and encouraging entrepreneurship. Understanding these changes is crucial for business owners, investors, and corporate stakeholders. This blog discusses key…

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 corporation may offer advantages such as limited liability, enhanced credibility, and better access to funding. Converting a sole proprietorship into a corporation requires careful planning and compliance…

A partnership is a popular business structure in the Philippines, particularly for entrepreneurs who want to share ownership, responsibilities, and profits with one or more partners. Governed by the Civil Code of the Philippines, a partnership is a legal entity distinct from its partners. This guide provides a step-by-step process for registering a partnership business…