Philippines Business Registration Services

Business registration is the first step to operate a company in the Philippines
+63 (02) 8551 9012-13
info@tripleiconsulting.com
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Metro Manila Head Office

Address: 12F Sagittarius Building,
111, H.V. Dela Costa Street Salcedo Village, Makati City 1227
Tel: +63 (02) 8551 9012-13
Email: info@tripleiconsulting.com

Triple i Consulting’s core services are centered around business registration in the Philippines. The Philippines provides great opportunities to both local and foreign entrepreneurs. But before companies can finalize their business plan and schedule the company launch, it is important to understand and comply with existing laws and business regulations in the country. Before an entity can legally operate a business it must first obtain all the legal documents and requirements. Registering a business is one of the first steps among many steps that a company must do.

Triple i Consulting provides expert services and assistance in setting up a company. Having registered and incorporated hundreds of multinational and domestic businesses in the Philippines, we understand all aspects of starting a new business. By working together with our clients to understand their goals in the beginning, we will quickly provide document evaluation, compilation and filing services. We are able to reduce entry time for companies looking to enter the Philippine market with our systematic approach to business registration. Foreign companies or local businesses looking to incorporate a business in the Philippines should contact Triple i Consulting and arrange to speak to one of our consultants.

Basic Business Registration Steps

When incorporating a new business with the Securities and Exchange Commission or registering a Branch Office for operations in the Philippines, there are basic steps that companies go through when registering. Each business has unique requirements and the exact process may vary between companies depending on the scenario.

Basic Steps to Register a Business:

  • Initial meeting to understand the requirements
  • Selection of the best type of business entity from available legal structures
  • Begin initial business activities, like securing an office space
  • Preparation of incorporation or registration documents
  • Secure any secondary permits from the NTC, DTI, BSP, BOI, or whichever any agency may be required
  • Submission to the SEC (Securities and Exchange Commission of the Philippines) or DTI if required
  • Release of incorporation papers or certificate of business registration
  • Registration with the Local Government Units (occupancy, business permit)
  • Registration with the Bureau of Internal Revenue (BIR)
  • Registration with local labor authorities such as, SSS, Philhealth, HDMF
  • Processing of any required work visas and/or permits for foreign staff
  • Begin business operations

Tax Incentives for Businesses in the Philippines

For businesses that register in the Philippines, the government has created an excellent plan to encourage investments in the form of tax and non-tax benefits. During business registration, a business either exporting its products and services, or operating a domestic industry listed in the 2019 Investment Priorities Plan could qualify for tax benefits from the Board of Investment (BOI) or the Philippine Economic Zone Authority (PEZA).

Benefits Include:

  • Income tax holiday
  • Duty-free import of capital equipment
  • Reduced wharfage fees
  • VAT exemption
  • Employment of foreign nationals
  • Special investors’ visa

Additional Regulatory Permits for Certain Operating Businesses

Certain businesses will require extra licenses and registration requirements, depending on their exact nature. The business consultants at Triple i can determine if your company needs other licenses and will guide you through the entire process. With our experience in business registration services in the Philippines, we can help companies submit their documents and receive a fast turnaround on processing.

Businesses in the Philippines Requiring Licensing:

  • Mining and mineral processing
  • Import and export trafficking
  • Online gaming and amusement
  • Security-related industry
  • Cosmetic or pharmaceutical industry
  • Manpower or recruitment agency
  • Agricultural production
  • Energy-related services
  • Oil and gas sector
  • Banking and Finance

Additional services after Business Registration

  • Fiduciary Services
  • Drafting of company manual and labor contracts
  • Recruitment and executive search services
  • Corporate housekeeping
  • Outsourced accounting, bookkeeping, financial reports and regular tax filing
  • Payroll outsourcing services
  • On-going corporate compliance and legal services

Triple i Consulting is proud to be the first ISO 9001:2008 firm in the Philippines providing company and business registration services. Our expert team of consultants and lawyers can guide businesses through the legal and logistical obstacles when entering the Philippine market, and help them succeed during their business.

Reach out to Triple i to get more information about our incorporation and business registration services.