Category: Philippines

The impact of data privacy rules in the Philippines

Data privacy is finally being taken seriously in the Philippines. Enforcement is getting aggressive. Learn how it impacts your business.

The Essential Guide to One Person Corporation in the Philippines

At last, the answer to the question ‘Can one person own a corporation in the Philippines?’ is yes. With the implementation of the Revised Corporation Code (Republic Act No. 11232), the Philippines now allows the establishment of One Person Corporations (OPC). Who can register it, and what are the key benefits, requirements, and restrictions? In […]

Guide to Setting Up a Company in the Philippines: 2019 Edition

Philippines’ rapidly growing economy and regulatory changes attract foreign investors from all over the world. In February 2019, President Duterte signed the Republic Act No. 11232 that simplified the process of setting up a company in the Philippines significantly. In this guide, we will pinpoint the key changes as well as give an overview of the […]

How to Avoid Getting Fined for Late Business Permit Renewal in the Philippines

As part of company registration in the Philippines, every business, including branches and representative offices, will receive a business license from the City Hall and a tax certificate from the Bureau of Internal Revenue (BIR). Business permits and BIR certificates, however, require annual renewal. What documents you need to prepare and what are the consequences […]

How to Terminate an Employee in the Philippines

The termination of an employment contract, initiated either by you or your employee, is a complicated part of managing employees in the Philippines. The Philippines’ Labor Code is more beneficial for the employees, and as it is not as a simple process as in many other countries, costly disputes are easy to arise. In this […]

Payroll in the Philippines: Wages and Related Benefits

After incorporating a company, it is essential to know how to calculate your employees’ salaries and benefits correctly. In this article, we are going to take a closer look at the wage system and payroll in the Philippines. Minimum wages in the Philippines In the Philippines, the minimum wage rates differ for every region, province, […]

Setting up An E-commerce Business In The Philippines

What are the primary legal requirements for setting up an e-commerce business in the Philippines? From this article, you will also find supportive market insights and reasons to why now is an excellent time to launch your business. Why Set Up an E-commerce Business in the Philippines Google-Tesmark Holdings’ joint research shows that Philippines’ e-commerce […]

Setting Up A Manufacturing Business In The Philippines

How to move or set up a manufacturing company in the Philippines? Find an overview of current market insights in your industry as well as what are the legal requirements you should know in advance. Overview of the Philippine Manufacturing Industry The Philippine economy grew 6.8% in the first quarter of 2018 and manufacturing is […]

Understanding Business Culture In The Philippines

How does a business meeting in the Philippines lead to closing the deal? Business relations grow strong slow and steady. Yet, persuading a partner requires more than persistence. It starts with understanding their culture and background. How and when to approach a partner and not sound offensive? How do you recognize the key people who […]

How to Apply for Pioneering Status in the Philippines

In the Philippines, one of Asia’s fastest-growing economies, new projects which engage in preferred areas of investment can apply for a pioneering status. One of the main advantages of companies with a pioneering status in the Philippines is that they don’t need to pay income tax for six years. Board of Investment registration Taking full […]