Category: Blog

The Philippine Competition Commission (PCC) plays a pivotal role in promoting and maintaining market competition in the Philippines. As an independent quasi-judicial body, the PCC is tasked with ensuring that businesses engage in fair competition, which ultimately benefits consumers by encouraging innovation, lower prices, and improved quality of goods and services. Here’s an in-depth look…

Equity crowdfunding has emerged as a popular method for startups and small businesses in the Philippines to raise capital by offering shares or equity in their company to a large number of investors, typically through online platforms. While it presents exciting opportunities for entrepreneurs and investors alike, equity crowdfunding also involves significant legal considerations. Here’s…

In the Philippines, the National Internal Revenue Code (NIRC) serves as the backbone of the country’s tax system, governing the imposition, collection, and administration of national taxes. Compliance with the NIRC is not just a legal obligation but also a crucial element in ensuring the smooth operation of businesses and the integrity of personal finances.…

Registering your business with the Department of Trade and Industry (DTI) is a crucial step for entrepreneurs, particularly for those setting up a sole proprietorship. The DTI is responsible for registering business names and ensuring that no two businesses have the same name. This guide outlines the step-by-step process of registering a business with the…

Corporate governance refers to the systems, principles, and processes by which companies are directed and controlled. In the Philippines, corporate governance for publicly listed companies is regulated by various laws, rules, and guidelines to ensure accountability, transparency, and fairness in business operations. Here’s a comprehensive guide on the legal aspects of corporate governance for publicly…

The Anti-Dummy Law (Commonwealth Act No. 108, as amended) is designed to enforce constitutional and statutory restrictions on foreign ownership and control of certain activities and enterprises in the Philippines. Navigating the Anti-Dummy Law is crucial for businesses involving foreign investments to ensure compliance and avoid legal penalties. This guide provides an overview of the…

Engaging in import and export activities in the Philippines involves navigating a complex set of legal requirements and regulatory compliance standards. This guide provides an overview of the necessary steps and considerations for setting up and operating an import and export business in the Philippines. 1. Business Registration 1.1 Register the Business Entity Department of…

The Bureau of Internal Revenue (BIR) plays a crucial role in the business registration process in the Philippines. It ensures that businesses comply with tax laws, regulations, and requirements. Registering your business with the BIR is essential for legal operation, tax compliance, and avoiding penalties. Here’s a detailed guide on the role of the BIR…

Compliance with occupational safety and health (OSH) standards is crucial for businesses in the Philippines to ensure a safe working environment, protect employees, and avoid legal penalties. The Occupational Safety and Health Standards (OSHS) under the Department of Labor and Employment (DOLE) provides the framework for these requirements. Here’s a comprehensive guide on how businesses…

The Philippine Cybercrime Prevention Act of 2012 (Republic Act No. 10175) establishes legal measures to combat cybercrime and ensure cybersecurity in the country. Businesses operating in the Philippines must comply with this law to protect their operations, safeguard data, and avoid legal penalties. Here’s a comprehensive guide on how businesses can ensure compliance with the…