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…
Foreign investors who open companies in the Philippines take into consideration various aspects which include the restrictions, the company registration process and the taxation level. The last aspect is one of the most important because it has a huge impact on the profits of the company. Companies in the Philippines are subject to several levies, among…
Those interested in opening companies in the Philippines have various industries they can choose form. From industries which require a small start-up capital to businesses in industries which require higher amounts of money to get started, the Philippines is suitable for any type of business. During the last few years, the financial industry has…
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…
There are several types of companies foreign investors can use to start doing business in the Philippines. From the sole proprietorship which is the simplest structure covered by the Philippines Company Law to the stock corporation which is the most popular business form employed by foreign enterprisers who come to start companies in this country.…
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.…
Foreign entrepreneurs who want to open companies in the Philippines have plenty of investment opportunities across various industries. They can also set up companies in the special economic zones created by the government with the purpose of attracting foreign investors in the Philippines. The most important aspect to consider when choosing the industry for setting up a…
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…
The Philippines is mainly known as a touristic destination, however there also reasons for which foreign citizens come here. One of these reasons is to invest in the Philippines. The small insular state’s economy is going through a serious restructuration which establishes a higher degree of confidence coming from foreign investors. Below we…
