Foreign entrepreneurs who want to open companies in the Philippines have several niche economic sectors they can choose from. One of these sectors is the consultancy industry which is highly regulated in the Philippines. During the last several years, the government together with several agencies have worked in order to create a suitable environment which…
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…
Becoming one of the most appealing industries in the Philippines in the last few years, real estate has undergone significant changes as the government has seen an opportunity in creating a suitable framework for those who want to start a company or work in this field. The large number of visitors also contributed to the creation…
The ITC sector in the Philippines is projected to continue to increase because of the opportunities in the financial, telecommunications, Business Process Management and health IT industries. The large consumer spending, the low PC penetration and small or mid-sized business modernization are also expected to contribute to this development. In this article, our company…
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,…
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…
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…
The Philippines tourism industry is made up of several branches among which the latest development is related to the meetings, incentives, conventions and exhibitions sector, shortly known as MICE, or the events management sector. Those interested in opening event management companies in the Philippines are not subject to any special requirements related to the registration process of…
Tourism is one of the most important branches of the Philippines’ economy. Foreign investors who come here can choose among the several types of businesses which bring good profits. Among these, travel agencies, hotels and restaurants are the best performing. Those interested in setting up hotels in the Philippines must respect the provisions of the Hotel Code.…
Foreign investors who want to start companies in the Philippines usually choose to work with the local labor force which is quite cheap, very skilled and educated. However, finding the right candidates can prove difficult for foreign businessmen which is why they request the services of recruitment agencies which help them by easing the hiring process.…
