Doing Business in the Philippines
Click the items below to avoid missing important business requirements in the Philippines.
Understanding the SEC eSPARC – online business registration in the Philippines for OPCs and Domestic Corporations
28 December 2023
This guide showcases the Electronic Simplified Processing of Application for Registration of Company (eSPARC), the Securities and Exchange Commission’s (SEC) new online facility catering to the application for registration of One Person Corporations (OPC) and Domestic Corporations (Both Stock and Non-stock). Online business registration Forvis Mazars Corporate Secretarial services.
Rules on incorporators under the revised Corporation Code
23 December 2022
Forvis Mazars' Corporate Services Principal, Joanne Ranada, shares new rules for incorporators and other significant updates to the Corporation Code.
Cooperations in the Philippines
Cooperatives in the Philippines are defined by the “Philippine cooperative code of 2008” as an autonomous and duly registered association of persons, with a common bond of interest, who have voluntarily joined together to achieve their social, economic, and cultural needs and aspirations by making equitable contributions to the capital required, patronising their products and services and accepting a fair share of the risks and benefits of the undertaking by universally accepted cooperative principles.
Read morePartnerships in the Philippines
Partnerships are defined by the Philippine Civil Code as the contract of partnership, where two or more persons bind themselves to contribute money, property, or industry to a common fund, with the intention of dividing the profits among themselves.
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Corporations in the Philippines
A corporation in the Philippines is defined as an artificial being created by law. It has the right of succession of powers, attributes, and properties expressly authorised by statute or incidental to its existence
Read moreForeign ownership limitations updated in the 12th Regular Foreign Investment Negative List
14 July 2022
The government issues Executive Order (EO) 175 S. 2022, containing the updated foreign ownership limitation rules explaining which key investment areas and activities are available to foreign investors.
Payroll Wages in the Philippines: The basic ins and outs of managing employee payroll wages and employee benefits
01 June 2022
Audit Firm Payroll Management Service provider shares a streamlined guide to computing Payroll wages in the Philippines.
Amendments to Foreign Investments Act aim to reduce restrictions and increase economic growth
15 December 2023
Amendments provided by the Republic Act (RA) 11647/Foreign Investment act stated to remove restrictions on foreign enterprise ownership and improve Philippine economic growth. The main objective was to gain more foreign investors to achieve a more significant economic presence in the ASEAN region.
