Foreign investors seeking for one of the best Filipino industries to set up a business have several choices. There are the industries which require a significant and less pocket-friendly ones, but there are also sectors such as retail where one can establish a company without too much money. Those who want to open…
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…
Foreign companies seeking to do business in the Philippines have several choices in terms of business structures which can they can use. Among these, the preferred ones are the subsidiary company and the branch office. The choice will usually depend on the activities the parent company wants to undertake in the Philippines. Our company formation agents…
Foreign citizens who want to open a company in the Philippines in 2024 have several options in terms of the structures they can choose, according to the Commercial Code here. While most of them are used to the limited liability company, it should be noted that this business form does not exist here.…
Foreign investors interested in starting a business in the Philippines must comply with the regulations imposed by the Corporation Code, by the Civil Code and by the Foreign Laws Act. According to these laws, the following types of companies can be registered in the Philippines: the sole proprietorship and the…
In 2017, the Philippines was the 10th fastest growing economy in the world, which is a great result for such a small country in Southeast Asia. Moreover, the Philippines is also the 3rd fastest growing economy in the ASEAN community and one of the richest countries in terms of Gross Domestic Product (GDP) per capita…
