Category: Blog

  • The Role of the Securities and Exchange Commission (SEC) in Business Formation

    The Role of the Securities and Exchange Commission (SEC) in Business Formation

    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…

  • How to Obtain an Employer Registration Number (ERN) for a New Business

    How to Obtain an Employer Registration Number (ERN) for a New Business

    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…

  • How to Register a Business Under the Philippine Board of Investments (BOI)

    How to Register a Business Under the Philippine Board of Investments (BOI)

    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…

  • Understanding the Revised Corporation Code and Its Impact on Business Registration

    Understanding the Revised Corporation Code and Its Impact on Business Registration

    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…

  • How to Convert a Sole Proprietorship to a Corporation

    How to Convert a Sole Proprietorship to a Corporation

    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 Step-by-Step Guide to Registering a Partnership Business

    A Step-by-Step Guide to Registering a Partnership Business

    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…

  • How to Register a One-Person Corporation (OPC) in the Philippines

    How to Register a One-Person Corporation (OPC) in the Philippines

    The introduction of the One-Person Corporation (OPC) under the Revised Corporation Code of the Philippines (RA 11232) has made it easier for solo entrepreneurs to establish a corporate entity. Unlike traditional corporations that require at least five incorporators, an OPC allows a single stockholder to enjoy the benefits of limited liability while having full control…

  • How to Navigate Legal Disputes During the Business Registration Process

    How to Navigate Legal Disputes During the Business Registration Process

    Registering a business in the Philippines is an essential step for entrepreneurs who want to operate legally. However, the process is not always smooth, and legal disputes can arise at different stages of registration. Disputes may involve business name conflicts, ownership disagreements, zoning and regulatory compliance issues, or problems with permits and licenses. Understanding how…

  • The Impact of Digital Transformation on Business Registration

    The Impact of Digital Transformation on Business Registration

    The rise of digital transformation has revolutionized the way businesses register and operate in the Philippines. With the integration of digital platforms and online services, the traditional bureaucratic process of business registration has become more efficient, accessible, and transparent. Government agencies, including the Department of Trade and Industry (DTI), Securities and Exchange Commission (SEC), Bureau…

  • Legal Considerations for Registering a Joint Venture

    Legal Considerations for Registering a Joint Venture

    A joint venture (JV) is a strategic business arrangement where two or more parties collaborate to undertake a specific project or business activity. In the Philippines, joint ventures are commonly used for large-scale infrastructure projects, foreign investments, and sector-specific collaborations. However, setting up a joint venture requires careful legal planning to ensure compliance with Philippine…