Comments on: Philippines Business Registration

By: Dimac

Dimac — Tue, 07 Sep 2010 15:45:55 +0000

Wow, so much procedures… I wish there was a way to get it all done without being physically there… but thanks anyhow.

By: admin

admin — Tue, 07 Sep 2010 04:29:12 +0000

Dimac, you will need a commercial address and register with the BIR and obtain Barangay Clearance and a Mayor’s Permit.

By: Dimac

Dimac — Sun, 05 Sep 2010 08:51:08 +0000

Hi, I would to inquire if I registered as a sole proprietorship with DTI, do I need to have any other documents besides that. Btw, the business is mainly run from overseas as I travel alot. It is an online export co.
Please advice cause although I am a Filipino, I have lived overseas my whole life and is not too familiar with the procedures. Thank you

By: enya

enya — Wed, 18 Aug 2010 08:23:41 +0000

hi!

how will we register with SEC a starting construction company. Will it be a stock or non-stock corporation?

thank u!

Enya, a stock corporation.

By: Jean Claude

Jean Claude — Fri, 13 Aug 2010 01:55:38 +0000

I am a foreigner with a Visa extention each 2 months. I invested money to set up a Internet Cafe at the name of my GF filipina. Now she gave up and I dont want to loose the investment. Can I be soleproprietorship of this Internet Cafe? and what do I have to do?
Pls help me

Jean Claude, foreigners may not own or operate small retail business such as an internet cafe.

By: lady

lady — Thu, 08 Jul 2010 09:04:26 +0000

Hi there!

Any requirements or guidelines in order for me( Filipino) to have a foreign partner/business in manila to operate? ( ex: dormitory and lot owned and how many percent owned by filipino and foreigner as well )

thank you very much!

Lady, since the company will own land, foreign ownership is restricted to 40% of the corporation.

By: kris

kris — Wed, 16 Jun 2010 04:23:18 +0000

good day! what is the minimum number of people to put up a corporation? thanks!

Kris, a corporation must have a minimum of 5 directors and 5 incorporators. Each director must own at least one share in the corporation.

By: geri

geri — Wed, 26 May 2010 11:07:37 +0000

i have my own new item (its doorhangers – commodity), what do i need to do to make it a legitimate business. i submitted my samples to a company for possible selling at their stores but they said i cant since my business is not yet registered or have the proper documents. thanks!

Geri, you need to register a sole proprietorship or a partnership or a corporation and obtain all necessary business permits before you can start your business.

By: mark

mark — Wed, 12 May 2010 16:26:54 +0000

i am planning to set up a corporation. can the paid up capital be in the form of properties? or should it be in cash? do i need to pay any taxes for such a transaction? thanks so much

Mark, the paid up capital can be properties but it will take around a month for the SEC to value the properties. Taxes will depend on what kind of business the company will operate.

By: John

John — Mon, 10 May 2010 04:46:07 +0000

I am a foreigner with a filipina partner. We are interested in setting up a business in RP. The business would be primarily retail. Can you tell me how much I can own and if it would be possible and worthwhile to set up the business as a corporation along with some members of her family? Many thanks.

John, small retail businesses can not have any foreign ownership.