Foreign citizens who intend to work in this country must obtain a permanent resident permit in the Philippines in order to do so. As follows, our company formation consultants in the Philippines present a few key aspects related to obtaining this type of permit here. Conditions for obtaining the permanent resident visa in the…
Retail is one of the global industries with rapid expansion in all countries around the world without exception. The variety of products combined with the lower sales prices and higher purchase power determine many investors to set up businesses in the retail sector. This trend can also be observed in the Philippines, especially when considering…
Those interested in setting up a financial company in Philippines must comply with several laws and must obtain certain licenses before starting to operate. Our Philippines company registration advisors can offer information on the requirements for setting up a financial company in this country. Legislation related to the financial industry in the Philippines Both local and foreign…
Foreign investors who open a recruitment company in the Philippines follow the industry’s rules and the requirements for business incorporation. A recruitment and employment company will pair the local labour force with the right available positions. At the same time, it can also provide services for intra-company transfers and hiring…
Foreign companies entering the Philippines market have several choices in terms of the business form for setting up their operations. Even if the most employed type of structure is the branch office, as it offers full control to the parent company, there is also the subsidiary which can adapt its activities…
One of the most advantageous regimes of setting up a business in any country in the world is the holding company regime. Even if the term usually refers to a special taxation system applied to these companies, there also countries where foreign enterprisers can set up holding companies without benefiting from the tax…
Foreign enterprisers interested in starting a business in an Asian country usually on the legislation favoring foreign investments which grants various tax exemptions, however the regular taxation system is also important. This is also the case of the Philippines which has an attractive taxation system doubled by the types of companies which can be set up by overseas entrepreneurs.…
Companies and individuals wanting to protect their intellectual property rights can register them with the Intellectual Property Office of the Philippines. There are various types of intellectual property rights which can be registered in the Philippines, among which are copyrights, patents, designs, utility models and trademarks. During the last several years, trademarks have become the most popular types…
Among the reasons for which foreign enterprisers open companies in the Philippines are the taxation system and the legislation which favors foreign direct investments put in place by the government. With respect to the taxation system, the Philippines imposes a corporate tax rate of 30%, however this can be significantly reduced. Also, foreign companies…
With digital nomads and foreign investors increasingly choosing the Philippines as a temporary home, understanding the process of opening a bank account in the country has become crucial. To open a bank account in Philippines involves some documentation, and the decision should be guided appropriately. Furthermore, starting a business in a foreign country…
