Comments on: Philippines BPO KPO Registration Incorporation http://www.bcphilippineslawyers.com/philippines-bpo-kpo-registration-incorporation/500/ Thu, 02 Feb 2012 10:47:51 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Lorraine http://www.bcphilippineslawyers.com/philippines-bpo-kpo-registration-incorporation/500/comment-page-1/#comment-3553 Lorraine Tue, 06 Sep 2011 05:08:20 +0000 http://www.bcphilippineslawyers.com/?p=500#comment-3553 What legal forms are available for a BPO start-up in the Philippines? I read in an article that BPOs may only either be a subsidiary or a branch which means it has to have a parent company outside. Is this true or am I missing something? Thank you Lorraine, a domestic corporation may also be used. What legal forms are available for a BPO start-up in the Philippines?

I read in an article that BPOs may only either be a subsidiary or a branch which means it has to have a parent company outside. Is this true or am I missing something?

Thank you

Lorraine, a domestic corporation may also be used.

]]> By: Angel http://www.bcphilippineslawyers.com/philippines-bpo-kpo-registration-incorporation/500/comment-page-1/#comment-3370 Angel Tue, 28 Jun 2011 07:14:18 +0000 http://www.bcphilippineslawyers.com/?p=500#comment-3370 What taxes do BPOs have to pay? Angel, a BPO has to pay the same taxes as any other business unless it has been granted tax incentives from PEZA or BOI. What taxes do BPOs have to pay?

Angel, a BPO has to pay the same taxes as any other business unless it has been granted tax incentives from PEZA or BOI.

]]> By: Tom http://www.bcphilippineslawyers.com/philippines-bpo-kpo-registration-incorporation/500/comment-page-1/#comment-3308 Tom Sun, 29 May 2011 15:11:11 +0000 http://www.bcphilippineslawyers.com/?p=500#comment-3308 Can a US citizen own 100% of a BPO office in Manila with 100% export services? I understand for a domestic corporation to be established it must have at least 5 BOD, of which majority are Filipino citizen. To be in the BOD does a director need to have ownership in the company? Tom, yes a BPO can be 100% foreign owned as long as 60% of its services are exported. A 100% foreign owned corporation does not need to have Filipino directors though 3 of the directors must be residents of the Philippines. Every Board member must own at least one share in the corporation. Can a US citizen own 100% of a BPO office in Manila with 100% export services?

I understand for a domestic corporation to be established it must have at least 5 BOD, of which majority are Filipino citizen. To be in the BOD does a director need to have ownership in the company?

Tom, yes a BPO can be 100% foreign owned as long as 60% of its services are exported. A 100% foreign owned corporation does not need to have Filipino directors though 3 of the directors must be residents of the Philippines. Every Board member must own at least one share in the corporation.

]]> By: joanna puzon http://www.bcphilippineslawyers.com/philippines-bpo-kpo-registration-incorporation/500/comment-page-1/#comment-1964 joanna puzon Tue, 24 Nov 2009 01:09:08 +0000 http://www.bcphilippineslawyers.com/?p=500#comment-1964 we are planning to set up a data entry outsourcing company but our target market are our local banks,how can we set this up properly? how much should our paid up capital be? thank you. Joannna, the minimum paid in capital for most corporations required by the SEC in the Philippines is Php 100,000.00. we are planning to set up a data entry outsourcing company but our target market are our local banks,how can we set this up properly? how much should our paid up capital be? thank you.

Joannna, the minimum paid in capital for most corporations required by the SEC in the Philippines is Php 100,000.00.

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