Even though the illegal trade and high taxation continue to be major challenges for the tobacco industry in this country, selling tobacco in the Philippines is projected to continue growing in the following years. The unitary taxation for cigarettes which was introduced in 2017 is meant to decline the sales of these items, however,…
The rapidly developing production of processed foods and drinks in the Philippines represents a strong opportunity for foreign investors. In 2016, the gross-added output of this industry increased with 10% compared to the previous year, to USD 28.9 billion. Around 90% of the output in the sector is consumed by the local market. In…
If you want to open a company in the Philippines, the guide below will take you through a tour of the company registration procedure in this country. Our specialists in company formation in the Philippines offer tailored services to foreign investors seeking to start their own businesses in this country. The country of the Philippines is…
