The Philippines relies on the manufacturing industry which alongside tourism, is one of the most prolific economic sectors. Both local and foreign investors are welcomed if they want to set up manufacturing companies in various areas. The conditions related to starting a manufacturing company in the Philippines will depend on the products to be produced, therefore the…
Many foreign entrepreneurs who set up companies in the Philippines start as sole traders. This business form is not considered a legal entity, therefore when its profits grow, it will be required to change into a legal entity. In most cases, the sole proprietorship is turned into a limited liability company in the…
Foreign investors interested in starting a business in the Philippines are required to comply with various requirements. Among these, depositing a specific amount as a share capital, having a legal address for the business and certain company management requirements. Among the most important requisites covered by the Corporate Law are those related to the…
The Philippines is a country where both small and large businesses can thrive. Those with professional qualifications can open small businesses for offering various services, such as plumbing, air conditioning repair and so on. Opening a plumbing business in the Philippines is not complicated and does not imply applying for any special permit or license for completing such activity, however,…
Starting a business in a foreign country in collaboration with a local partner can significantly increase the rate of success of the company. One of the most employed types of structures, in this case, is the franchise which represents one of the most successful business models in the Philippines. There are two types of franchise businesses which can be created in the…
The Philippines is one of the most competitive economies in Southeast Asia and thanks to the legislation related to foreign direct investments enabled by the government, this country has become very appealing to foreign entrepreneurs. Small towns, as well as large cities in the Philippines, provide for numerous business opportunities and those who do not dispose…
The Philippines is one of the most important economies in Southeast Asia and relies on the trading industry. Operating in the import-export sector in the Philippines implies registering a business with the Trade Register and obtaining several licenses before starting any commercial activity. If you want to open a trading company in the Philippines, our local advisors can guide…
The number of foreign investors coming to the Philippines has increased in the last few years. Doing business here comes with various requirements which is why businessmen have many questions related to the incorporation procedures of a company. Below, our Philippines company formation agents have answered some of the most frequently asked questions related to the…
Enterprisers who want to start doing business in the Philippines have plenty of successful industries to choose from. Among them, the food and beverages sector is one of the best choices as it enables investors to set up various types of business, such as restaurants, fast foods and catering companies. Those who want to open restaurants in the…
Tourism is one of the most prolific industries of the Filipino economy and along it other sectors have grown in the last few years. Among these sectors are the restaurant and catering branches which attract numerous tourists. However, in order to keep up with western countries and visitors coming from these states, local investors have…
