For most organizations government regulation is an unnecessary headache that is necessary to do business. The Philippines is no exception. Every company must comply with regular reporting to the Securities and Exchange Commission, the Bureau of Internal Revenue, and their respective local Government Units. Depending on the Industry and the exact nature of the business additional licences and permits may be required.

Triple i Consulting works with the following government agencies assisting and consulting clients through various bureaucratic processes:

For more information on Triple i's Regulatory Consulting services in the Philippines Contact us.

Securities and Exchange Commission

All company registrations must be approved through the SEC. Any changes to company structure, primary purpose, valuation, business address, and change of officers must be filed and submitted. Yearly a General Information Sheet GIS must be filed with the SEC for their records.

Food and Drug Administration

Companies that will import, distribute, produce, or sell any food or drug products must register with the FDA. Registration should be completed even before the product is marketed to be compliant with the law. Products are classified into cosmetics, food, food supplements, drugs, and medical devices. Each product has a different stringency and length of approval process.

Department of Labor and Employment

DOLE is responsible for enforcing the Labor Code of the Philippines. All investigations to illegal practices are launched from this office. For companies with foreign employees, DOLE is the office from which they will secure the Alien Employment Permit AEP, which is a pre-requisite for the 9g Employment Visa application from Immigration.

Bureau of Immigration and Deportation

BID is under the Department of Justice and is responsible for all visa issuance and immigration matters within the Philippines. All visas applications and hearings will be done at one of the agencies offices. Companies and individuals are required to have an accreditation with the Bureau of Immigration to work with them.

Department of Environment and Natural Resources

The DENR is responsible for all environmental permits and issuances throughout the country. Companies engaged in resorts, construction, mining, fuel, and many other industries are required to secure the necessary permits from the DENR. Many businesses may need and Environmental Compliance Certificate, Certificate of Non-Coverage, and Permit to Operate to conduct their activities.

Intellectual Property Office of the Philippines

The IPO is responsible for the issuance of all patents and trademarks in the Philippines. Companies needing to protect their IP must file the necessary applications with this office.

Bureau of Internal Revenue

From the conception to the closure of every business entity in the Philippines; regular monthly, quarterly, and annual filings are a strict requirement with the BIR. The BIR is the government agency tasked with the collection of all taxes due.

Philippine Board of Investments

The BOI was created under the omnibus investment code to evaluate and promote key investment areas in the Philippines; issuing yearly an Investment Priority Plan. Companies that comply with the requirements are eligible for tax incentives which can include a 4-6 year Income Tax Holiday

Philippines Economic Zone Authority

PEZA has jurisdiction over certain economic zones created by the Philippine government to promote investment. Companies that locate within these zones throughout the country are able to apply for a host of tax and non-fiscal benefits.

Department of Trade and Industry

The DTI is the umbrella organization for such offices as the IPO and the BOI in the Philippines. Business involved in the Import and Export of goods must secure the necessary license from the DTI. Depending on what goods will be imported/exported in the Philippines; additional permits may be required from the Bureau of Products Standards which operates under the DTI.

Bureau of Customs

Businesses that will be importing or exporting goods will also be required to receive clearance from the BOC. It is the BOC's mandate to make sure the proper duties and excises are paid on all goods and to prevent illegal smuggling of goods to enter the Philippines. Only licensed customs brokers may transact directly with the BOC.

Department of Energy

The DOE is responsible to regulate any business dealing within the energy sector. Renewable energy projects must have an approval from the DOE before they can begin any power generating activities

National Telecommunications Commission

The NTC is responsible to award license to the various telecom companies in the Philippines, as well as regulate their methods. Any telecommunications product or service that wants to be sold in the Philippines must be registered with the NTC.