Author Archives: Carlos

Philippines Partnership

Philippine Partnerships must be registered with the Securities and Exchange Commission (SEC). Steps and requirements to register a partnership with the SEC are: 1 – Verification and reservation of the name of the partnership at the SEC. Once the name is accepted the SEC will issue a Name Verification Slip. 2 – Articles of Partnership: […]

Doing Business in the Philippines

Foreign companies doing business in the Philippines by opening an office whether it is a domestic subsidiary, a foreign branch office or a foreign representative office have the requirement to be licensed to do business in the Philippines. This includes registering the business with different government agencies after issuance of the Certificate of Incorporation. Requirements […]

Philippines Corporate Taxation

Companies that are resident of the Philippines are taxed on worldwide income. Non-resident companies are taxed only Philippines income (branch office in the Philippines). Dividends received by Philippine Corporations or resident foreign corporations are not taxed. Capital Gains Taxes Capital Gains Taxes are usually taxed as income. The sale of shares that are not listed […]

BOI - Board of Investments Tax Incentives

A corporation investing in the Philippines may avail of tax breaks and incentives by registering with the BOI - Board of Investments. The company must operate a business which has been recognized as a preferred area of investment in the Philippines Investment Priority Plan (IPP). For business activities not covered by the IPP incentives may […]

Philippines BPO KPO Registration Incorporation

Setting up a Call Center, BPO or KPO in the Philippines starts with registering a company. Companies engaged in outsourcing as long as the clients are overseas are considered export companies and can be one hundred percent (100%) foreign owned (Fully Foreign Owned Domestic Corporation). Philippine tax incentives are available to all companies engaged in […]

Annulment Divorce & Legal Separation

A decree of Legal Separation gives the spouses the right to live separately from each other, dissolves the conjugal partnership, awards the minor children to the innocent spouse and disqualifies the offending spouse from inheriting from the estate of the innocent spouse. What is the main difference between Legal Separation and Annulment? Once a Decree […]