Category Archives: Uncategorized

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 […]

Philippine Representative Office

The procedure for obtaining a license from the SEC to operate a Foreign Company Representative Office in the Philippines is similar to that of the Foreign Company Branch Office. The required minimal inward remittance of funds for a Foreign Representative Office as working capital is US$ 30,000.00 as opposed to the minimum paid up capital […]

Philippines Foreign Corporation Branch Office

A branch office of a foreign corporation may start transacting business in the Philippines once it has been licensed by the SEC. The corporation code of the Philippines in Title XV gives the definition and rights of a foreign corporation in the Philippines to conduct business. Required documents needed to apply for a license to […]

Foreign Ownership of Land in the Philippines

Real Estate Ownership in the Philippines Philippines real estate law does not allow outright ownership of real property by foreign nationals. Filipinos and former Filipino citizens and Philippine majority owned corporations (Take note of the Anti Dummy Law) are permitted to own land, buildings, condominiums and townhouses. Foreign nationals may buy condominiums units in Philippine […]