Category: Blog

The Central Visayas Region (Region 7)—comprising Cebu, Bohol, Negros Oriental, and Siquijor—has long been a vital contributor to the Philippine economy. Known for its thriving tourism, manufacturing, and service industries, the region continues to attract both local and foreign investors. Behind this steady growth is a crucial government agency working to stimulate regional investment and…

Entrepreneurs in Central Visayas—particularly in Cebu, Bohol, Negros Oriental, and Siquijor—are witnessing one of the most dynamic economic surges in the Philippines. The region’s strategic location, skilled workforce, and growing infrastructure make it a magnet for both local and foreign investors. However, many business owners overlook one powerful legal and financial advantage that could significantly…

If you’re a business owner in Region 7—which includes Cebu, Bohol, Negros Oriental, and Siquijor—you’re in one of the most promising investment destinations in the Philippines. The region’s strong tourism, technology, and manufacturing sectors make it an attractive location for both local and foreign investors. But to truly maximize your growth potential, there’s one powerful…

If you’re an entrepreneur in Cebu looking to grow your business while maximizing government support, registering with the Board of Investments (BOI) can open the door to powerful legal and financial advantages. As a business lawyer would say — knowledge of your rights and benefits under the law is just as valuable as capital itself.…

For entrepreneurs in Cebu seeking to expand, attract investors, or enjoy tax incentives, registering with the Board of Investments (BOI) is one of the smartest business moves you can make. As a lawyer would emphasize, the BOI registration process is not just about paperwork—it’s about unlocking privileges under Philippine law that can significantly reduce your…

Launching a startup in Cebu is an exciting journey—filled with creativity, ambition, and the dream of success. But amid the excitement of building your brand, pitching to clients, and managing operations, many new entrepreneurs overlook one critical aspect of doing business: bookkeeping and tax filing.   As any business lawyer would emphasize, financial compliance is…

Many Cebu entrepreneurs start their businesses with passion and purpose—but often, bookkeeping and tax filing fall to the bottom of their priorities. After all, why worry about receipts and reports when sales are coming in? However, what many don’t realize is that neglecting bookkeeping and tax compliance can cost far more than they think—financially, legally,…

Every Cebu entrepreneur dreams of building a successful and legitimate business. Yet, one of the most overlooked foundations of compliance and sustainability is proper bookkeeping. Under the National Internal Revenue Code of the Philippines, all registered businesses are required to maintain accurate books of accounts and file correct tax returns. For the Bureau of Internal…

Starting a new business in Cebu is an exciting venture—but it also comes with serious legal and financial responsibilities. One of the most common mistakes new entrepreneurs make is overlooking bookkeeping and tax filing. These two areas may not be as glamorous as marketing or operations, but they are crucial to keeping your business compliant,…

Bookkeeping may seem like a routine administrative task, but in reality, it forms the backbone of every Cebu entrepreneur’s tax compliance. The Tax Code of the Philippines requires businesses to maintain accurate books of accounts, which the Bureau of Internal Revenue (BIR) relies on for verifying tax returns. When bookkeeping errors occur, they do not…