Setting Up a Limited Liability Company in the Philippines
Jumpstarters Manila confidently supports local and foreign investors in establishing their businesses in the dynamic Philippine market. Our robust array of services covers seamless company registration and all necessary post-establishment compliances to ensure sustained business operations in the Philippines.
Importance of Business Registration in the Philippines
It is vital for local and foreign-owned businesses to be registered to the applicable governments institutions since it is the basis whether the business can legally operate in the Philippines or not.
What is Company Registration Service?
Company registration is the service offered by Jumpstarters Manila to local and foreign investors who plan to open and expand there business in the Philippines.
Can foreigners 100% own their corporation in the Philippines?
The percentage of ownership depends on the planned business activity in the Philippines. Not all business activity is allowed to be 100% foreign-owned and requires a percentage of local ownership since the Philippines is following the chu chu rule.
What is the timeline for Setting up a Company in the Philippines?
The standard realistic timeline of completion for company registration in the Philippines is 3-5 months considering that the institutions will not required additional documents.
Can I register a corporation without a physical location yet?
For corporations with business activity related to IT, consultancy and other export businesses, it is allowed to register a virtual office address. Please coordinate with our team for consultation. Jumpstarters Manila offers virtual office address assistance as well.
Requirements for Company Registration in the Philippines
Essential requirements for the registration of a 100% foreign-owned corporation in the Philippines
The requirements vary depending on the planned business activity and CHOSEN ENTITY of the investor. That is why it is important to schedule a consultation with our experts in order to determine if you will be needing any additional licenses or requirements.
Types of Business Entities in the Philippines
The entities listed below are the options of a foreign investor who is interested to set-up in the Philippines. The entities applicable to you will depend on your planned business activity due to the corporate regulations in the Philippines.
Domestic Corporation
One Person Corporation (OPC)
Representative Office
Domestic Corporation or LLC is the standard type of entity in the Philippines. The entity is detached to the shareholders of the company which provides security for the shareholders/directors. Depending on the business activity, domestic corporation can be 100% foreign-owned.
One Person Corporation or OPC is a latest addition to the entities available for foreign investors. This entity requires only one single shareholder who will serves as sole director and president as well. Take note that this entity still requires a separate Corporate Secretary and Treasurer.
Representative Office is applicable for foreign companies who will not conduct any business in the Philippines. This is the best choice for foreign companies who will only use the Philippine office as the back-office of their overseas branch. The required minimum capital for a representative office is 30,000 USD.
Branch Office
Branch Office is for foreign companies who will do business in the Philippines. It will follow the corporate structure of the overseas office and all the requirements that will be presented upon the registration will be coming from the main office abroad.
Scope of the Company Registration Services
01.
Drafting of standard legal documents for incorporation
02.
SEC Registration
03.
Local Government Unit Registration
04.
BIR Registration
05.
Retrieval of the certificates/ permits
Your physical presence is not needed for the completion of company registration
You just need to send the physically signed corporate documents to us which will be drafted for you by our team
Get Started with our Company Registration Service
We simplify remote employments to help with your business growth
1
Consultation with the client
2
Gathering client's information
3
4
Bureau of Internal Revenue Registration
5
Local Government Unit Registration
6
Securities and Exchange Commission Registration
You can now operate your business in the Philippines
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