Sole Proprietorshipis a structure in the Philippines for a business owned by just one individual who has all the authority in the company and full control of its assets. They are personally responsible for the debts and answer all liabilities. This allows the owner of a sole proprietorship to enjoy all the profits but suffer all the losses. A Sole Proprietorship is a good way for an individual to set-up a business that will only participate in one or two primary objectives and has a very simple operation structure (i.e. small franchise, retail store).
The Sole Proprietorship and the owner of it are almost one in the same. Having ownership of the same real property, the same TIN and the same tax laws applying to them. One of the major advantages of having a Sole Proprietorship is the ability to use a different registered business name.
Contact Us to register you Sole Proprietorship.
Address: 6F Salustiana D. Ty
104 Paseo De Roxas, Legaspi Village
1209 Makati City, PHILIPPINES
Tel: +63 2 5538841,
+63 2 5538842,
+63 905 3130064.
Fax: +63 2 5530874.
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