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 outsourcing. To avail of tax breaks the outsourcing corproation may register with either PEZA (Philippines Economic Zone Authority) or the BOI (Philippine Board of Investments).
The Philippines is known for the outsourcing of:
- Medical Transcription
- 3D Animation
- Call Center (Inbound, Outbound, Chat)
- Website Design and Development
- Legal Outsourcing
- KPO (Knowledge Process Outsourcing)
- BPO (Business Process Outsourcing)
- Architecture (Cad Cam)
- Data Entry
- Human Resources (HR) and Accounting
Setting up an outsourcing company in the Philippines has many advantages. Filipinos are highly skilled and almost everyone speaks English. Outsourcing in the Philippines whether as an in-house operation or for others will save and increase your company’s earnings.
BC Philippines lawyers will assist you in choosing the best corporate structure for your operations in the Philippines and registration with government authorities to avail of tax breaks. Email a Lawyer.
Email or call us Tel.: 63 2 474-2732 for a consultation
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.
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.
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 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?
Lorraine, a domestic corporation may also be used.
I published a book with a Self Publishing company that outsources to the Philippines.
My Author Adviser left that Company and asked me to start a New Company with him, more prone in helping authors acheave their goals.
How would that work?
If I am the CEO, how do I establish Bank credentials to make money transactions?
We already have some authors who want to join in.
Some authors have sent checks, but I am having problems cashing the checks and send some money to the Philippine staff for doing their work.
Do you have any advice for me?
I would greatly appreciate your input.
At the time I am discouraged and ready to tell my former Adviser to go fly a kite.
Thank you so much,
Dear Sir\Madam , Greetings from israel.
our Israeli Tour company is currently looking to market philpines as its new destination for israelis.
to purchase tour services and handle philipino sevice providers safely we need to open a local bank account under our company name : Casing fun.
all company revenue source is from israeli and no revenue is expected to be made in philipines .
i wanted to know if it will be possible to own the company completly and how much would it take for you to help me open this up hassle free.