How to Register A Business In BGC: Step-By-Step Guide For Domestic Corporations

December 29, 2025

To register a business in BGC as a domestic corporation, founders must first incorporate with the Securities and Exchange Commission (SEC), then complete tax, local government, and labor registrations covering BIR, Taguig LGU, and social agencies.

Bonifacio Global City’s modern infrastructure, PEZA-accredited buildings, and access to skilled talent make it a prime location; however, the multi-agency process demands careful sequencing, thorough documentation, and ongoing compliance once operations commence.

Why Register a Business in BGC

Registering a business in BGC positions a corporation inside one of Metro Manila’s most advanced business districts, with Grade A office stock, strong utilities, and connectivity tailored to BPOs, tech firms, and professional services.

The district’s location in Taguig City, combined with available PEZA-accredited buildings, gives properly structured corporations access to potential tax incentives while tapping a deep pool of English‑proficient, tech‑savvy professionals.

Initial Steps to Form a Domestic Corporation

Before a company can register a business in BGC, it must first exist as a domestic corporation under Philippine law, which requires decisions on structure, capital, and governance.

Entrepreneurs choose a domestic corporation to obtain limited liability and investor-friendly share structures, then verify their desired corporate name using the SEC’s online name verification tool to ensure uniqueness and compliance with naming rules.

Founders prepare Articles of Incorporation, stating purpose, capital, and between 2 and 15 incorporators, appoint key officers (president, treasurer, corporate secretary—who must be a Filipino citizen and resident), secure a notarized Treasurer’s Affidavit certifying at least 25% subscription and 25% paid‑up capital, and open a bank account to deposit the paid‑up capital and obtain a bank certificate.

SEC Registration Process for a BGC Corporation

SEC registration is the legal foundation for any plan to register a business in BGC, because it creates the domestic corporation as a separate juridical entity authorized to operate in the Philippines. Careful sequencing of the steps and consistency of information across all documents helps avoid reprocessing, delays, and additional costs.

Conduct name verification and reservation: Reserve the proposed corporate name through the SEC’s online system to ensure it is unique and compliant with naming rules before preparing documents.
Prepare Articles of Incorporation and By‑Laws: Draft and notarize the Articles of Incorporation stating purpose, capital structure, BGC office address, and 2-15 incorporators, along with the corporation’s By‑Laws governing internal procedures.
Appoint required officers and prepare Treasurer’s Affidavit: Designate the President, Treasurer, and Corporate Secretary (who must be a Philippine resident and, in practice, usually a Filipino citizen), and execute a notarized Treasurer’s Affidavit confirming at least 25% subscription and 25% paid‑up capital.
Open a corporate bank account and secure a bank certificate: Deposit the paid‑up capital into a corporate bank account under the proposed company name and obtain a bank certificate as proof of capitalization to attach to the SEC filing.
Encode information and upload documents via the SEC online system: Use the SEC’s electronic registration platform to input corporate data, upload the signed and notarized documents, and generate the assessment of filing and documentary fees based on authorized capital stock.
Pay SEC filing fees and documentary stamp tax: Settle the assessed registration fees and applicable documentary stamp tax through accredited payment channels within the validity period of the assessment to keep the application active.
Wait for SEC evaluation and respond to deficiencies, if any: The SEC reviews the submission and may issue remarks or require corrections; prompt response and resubmission of revised documents will keep the process moving without restarting the application.
Receive the Certificate of Incorporation and register corporate books: Once approved, the SEC issues the Certificate of Incorporation, at which point the corporation can purchase and register its required books (journals, ledgers, stock and transfer book) and proceed to BIR and Taguig/BGC local registrations.

Tax and Local Government Registrations in Taguig/BGC

After SEC approval, corporations that register a business in BGC must complete tax and local registrations to operate legally in Taguig.

The company registers with the Bureau of Internal Revenue (BIR) by submitting its SEC Certificate, Articles of Incorporation, and BGC office lease contract to secure a Tax Identification Number (TIN) and BIR Certificate of Registration, then presents books of accounts for stamping within 30 days and chooses VAT (for projected annual gross sales above PHP 3 million) or non‑VAT percentage tax status.

At the local level, corporations obtain Barangay Clearance from the barangay that covers their BGC address, then apply at Taguig City Hall for a Mayor’s/Business Permit, attaching the Barangay Clearance, SEC Certificate, Community Tax Certificate, and supporting documents; once permits are issued, the company must file initial and ongoing BIR returns on quarterly and annual schedules to avoid penalties.

Employee Benefits Registration and Labor Compliance

When a corporation that has registered a business in BGC begins hiring, it must enroll as an employer with the Social Security System (SSS), PhilHealth, and Pag‑IBIG to provide mandatory benefits.

The employer files SSS registration using the SEC Certificate and employer forms within 30 days of hiring, enrolls staff with PhilHealth for medical coverage, registers with Pag‑IBIG for housing and savings benefits, and remits contributions monthly, while also submitting initial employment reports to the Department of Labor and Employment (DOLE) if employing five or more workers.

Compliance includes observing Metro Manila minimum wage rules (e.g., PHP 610 per day as of 2025), paying 13th-month pay, honoring rest days and leave entitlements, and maintaining accurate payroll and payslip records for DOLE and BIR audits.

BGC-Specific Advantages and Ongoing Corporate Obligations

BGC offers distinct advantages for registered corporations, but these benefits come with continuing compliance duties toward national and local regulators.

Key BGC-Specific Advantages:

Access to Grade A and, in some cases, PEZA‑accredited office buildings suitable for IT‑BPO, tech, and service firms seeking high‑spec infrastructure.
Location in a master‑planned district with reliable utilities, transport links, and proximity to business partners, banks, and government offices in Metro Manila.
Strong talent pool drawn from nearby universities and central business districts, supporting scaling of professional and outsourcing operations.

Ongoing Corporate Obligations:

Filing of annual General Information Sheets (GIS) and Audited Financial Statements (AFS) with the corporate regulator, together with timely renewal of Mayor’s Permits, Barangay Clearances, and local business taxes with Taguig City.
Regular filing and payment of national taxes (income tax, VAT or percentage tax, withholding taxes) plus accurate maintenance of books of accounts for possible audits.
Continuous compliance with labor and social legislation, including correct computation and remittance of SSS, PhilHealth, and Pag‑IBIG contributions, and adherence to minimum wage and 13th‑month pay rules applicable in Metro Manila.

Sustaining a Compliant Corporation After Registration in BGC

The work does not end once you register a business in BGC; corporations must manage corporate housekeeping and operational standards to remain compliant and attractive to investors.

This includes holding annual stockholders’ meetings, electing directors, updating corporate records per SEC requirements, monitoring quarterly VAT or percentage tax and annual income tax obligations with BIR (often with CPA assistance), and ensuring office facilities in BGC meet building management and, where applicable, PEZA rules on fit‑out, IT systems, and safety.

Engaging with BGC business networks and Taguig City initiatives can further strengthen the corporation’s market presence, while disciplined compliance protects it from penalties and reinforces its credibility in one of the Philippines’ most competitive business environments.

Final Insights

Registering a business in BGC as a domestic corporation means navigating SEC incorporation, BIR tax setup, Taguig and barangay permits, and SSS/PhilHealth/Pag‑IBIG registration, then maintaining annual SEC, BIR, and LGU compliance to stay in good standing in one of Metro Manila’s most competitive districts. Treating these steps as an integrated process, from name reservation and capital proof to permit renewal and corporate housekeeping, lets your company benefit fully from BGC’s premium location, infrastructure, and access to talent.

Is Assistance Available?

Yes. To move from plan to execution, Triple i Consulting can help finalize your corporate structure and capital, complete SEC registration, then sequence BIR, Taguig, and social-agency registrations before signing leases or onboarding staff, building in calendar reminders for annual filings and permit renewals.

If your growth plans include export-oriented or IT-BPO operations, consider whether a PEZA-accredited BGC building and potential incentives align with your strategy and model these into your long-term cost and compliance planning.