WHAT WE DO
We help Locals & Foreigners to start their business in the Philippines. We take note of your requirements and recommend the best corporate structure to utilize and give you insights on the advantages and disadvantages of the various entities available.
DEPENDABLE. TRANSPARENT. HONEST
HOW MUCH DOES IT COST TO REGISTER A COMPANY IN THE PHILIPPINES?
LOCAL ( Filipino )
Starting a business in Philippines
Available Company Structure
One Person Corporation (OPC) |
Domestic Corporation |
Sole Trader / Proprietor |
PROFESSIONAL FEE
One Person Corporation (OPC) | Php 20,000 |
Domestic Corporation | Php 35,000 |
Sole Trader / Proprietor | Php 12,000 |
FOREIGNER
Starting a business in Philippines
Available Company Structure
One Person Corporation (OPC) |
Domestic Corporation |
Representative Office |
Branch Office |
PROFESSIONAL FEE
One Person Corporation (OPC) | Php 20,000 |
Foreign Corporation | Php 45,000 |
Best Package Deals
FULL
DTI REGISTRATION
Php12,000.00
- DTI Registration
- This package includes all the listed items in (*).
COMPANY INCORPORATION
SEC REGISTRATION ONLY
Php20,000.00
- SEC Registration Only
COMPANY INCORPORATION
POST SEC ONLY
Php25,000.00
- —
- This package includes all the listed items in (*).
FULL
COMPANY INCORPORATION
Php35,000.00
- SEC Registration
- This package includes all the listed items in (*).
COMPANY INCORPORATION
+ VIRTUAL OFFICE
Php47,000.00
- SEC Registration
- This package includes all the listed items in (*).
* INCLUSIVE OF |
- BIR (Bureau of Internal Revenue)
- Application for 'Authority to Print'
- Books of Account
- Annual Registration (0605)
- DST Doc Stamp for Lease
- DST Doc Stamp for Subscribed Capital
- LGU
- Barangay Permit
- Mayor's Permit
- Fire and Safety
- Zoning Permit
- Location Clearance
- Insurance (CGL)
COMPANY INCORPORATION
PLANS FOR LOCALS
DOMESTIC CORPORATION
Registration of a Domestic Corporation in the Philippines
SOLE TRADER / PROPRIETOR
01 | BEST FOR |
The SEC will require a prospective Corporation to reserve and register a name, submit proposed Articles of Incorporation and By-Laws which are compliant with the requirements of the Corporation Code of the Philippines, and meet the minimum capitalization requirements pertaining to the industry or business that it is engaged in.
Operating a business as a Sole Proprietor is only possible for local Filipinos only. Foreigners must incorporate a company here in the Philippines before they can start a doing business here. CompanyIncorporation.com.ph can also assist foreigner to incorporate a company in the Philippines.
02 | MINIMUM REQUIREMENT |
At least a minimum of Php5000 is required by the Securities and Exchange Commissions as a working Paid Up Capital.
- Your full name
- TIN Number
- Local Address
03 | MINIMUM PAID UP CAPITAL |
You can register a branch office in the Philippines with as little as P5,000 paid up capital. However, most banks require P25,000 - P50,000 to open a corporate bank account.
For only Php 12,000, we can take care your Sole Proprietorship Registration from A - Z.
Additional Cost: Please take note of the additional cost that will be paid up to the authorities.
05 | LEAD TIME |
Processing timeline requires 45 working days.
Outsource your Sole Proprietorship registration to us and you can legally do business in the Philippines within 3 days. That is after your business name is registered in DTI and your business is registered with BIR.
06 | PRICE |
ONLY PHP 35,000
ONLY PHP 12,000
DOMESTIC CORPORATIONRegistration of a Domestic Corporation in the Philippines |
SOLE TRADER / PROPRIETOR |
01 | BEST FOR |
|
The SEC will require a prospective Corporation to reserve and register a name, submit proposed Articles of Incorporation and By-Laws which are compliant with the requirements of the Corporation Code of the Philippines, and meet the minimum capitalization requirements pertaining to the industry or business that it is engaged in. |
Operating a business as a Sole Proprietor is only possible for local Filipinos only. Foreigners must incorporate a company here in the Philippines before they can start a doing business here. CompanyIncorporation.com.ph can also assist foreigner to incorporate a company in the Philippines. |
02 | MINIMUM REQUIREMENT |
|
|
|
03 | MINIMUM PAID UP CAPITAL |
|
You can register a branch office in the Philippines with as little as P5,000 paid up capital. However, most banks require P25,000 - P50,000 to open a corporate bank account. |
For only Php 12,000, we can take care your Sole Proprietorship Registration from A - Z. Additional Cost: |
04 | LEAD TIME |
|
Processing timeline requires 45 working days. |
Outsource your Sole Proprietorship registration to us and you can legally do business in the Philippines within 3 days. That is after your business name is registered in DTI and your business is registered with BIR. |
05 | PRICE |
|
ONLY PHP 35,000 |
ONLY PHP 12,000 |
COMPANY INCORPORATION
PLANS FOR FOREIGNERS
DOMESTIC CORPORATION
Registration of a Domestic Corporation in the Philippines
REPRESENTATIVE OFFICE
Registration of a Representative Corporation in the Philippines
BRANCH OFFICE
Registration of a Branch Office in the Philippines
01 | BEST FOR |
The SEC will require a prospective Corporation to reserve and register a name, submit proposed Articles of Incorporation and By-Laws which are compliant with the requirements of the Corporation Code of the Philippines, and meet the minimum capitalization requirements pertaining to the industry or business that it is engaged in.
One of the business structures that a foreign corporation can establish in the Philippines is a Representative Office. This type of company formation can only undertake information dissemination, promote the parent company's products, and provide quality control of the products. It cannot generate revenue in the Philippines and can only deal with the clients of its parent company.
Branch Office of a Foreign Corporation operating in the Philippines must obtain a "license to do business" from the SEC. The foreign corporation's head office must prove its legal existence in its country of origin, its financial soundness, and its authorization to set up a branch in the Philippines. The Branch will need to appoint a Resident Agent in the Philippines who will be in charge of receiving summons and legal processes. This allows the SEC and other entities to obtain jurisdiction over the foreign company.
02 | MINIMUM REQUIREMENT |
- Registering a corporation requires a minimum of 5 incorporators
- Majority of the incorporators must be Filipino residents
- A Corporation may have between 5 and 15 directors (or trustees if a non-stock corporation), each of whom must hold at least one qualifying share of stock
- SEC Form F-104
- Name verification slip
- Registration Data Sheet
- Authenticated copy of the board resolution authorizing the establishment of the office, designating the resident agent, and stipulating that in the absence of the agent summons and other legal processes may be served to the SEC
- Authenticated Financial Statements of a date not exceeding one (1) year immediately prior to the application certified by an independent CPA from the home country
- Affidavit of solvency
- Authenticated articles of incorporation
- Requires 1 Philippine Resident Agent
- Resident Agent's acceptance of appointment (this is not necessary if the resident agent is the one who will sign the application form)
- Form F-103 (Application for Establishment of a Branch Office)
- Name verification slip
- Authenticated copy of the Board Resolution authorizing the establishment of a branch office in the Philippines; designating the resident agent to whom summons and other legal processes may be served to the foreign corporation; and stipulating that in the absence of such agent or upon cessation of its operations in the Philippines, any summons or legal processes may be served to the SEC as if the same is made upon the corporation at its home office.
- Financial statements as of a date not exceeding one year immediately prior to the application, certified by an independent Certified Public Accountant of the home country and authenticated before the Philippine Consulate/Embassy.
- Authenticated copies of the Articles of Incorporation
- Proof of Inward Remittance such as a bank certificate
- Registration Data Sheet
- Requires 1 Philippine Resident Agent
- Resident Agent's acceptance of appointment
03 | MINIMUM PAID UP CAPITAL |
You can register a branch office in the Philippines with as little as P5,000 paid up capital. However, most banks require P25,000 - P50,000 to open a corporate bank account.
One of the requirements in securing a license to do business as a representative office is a proof of initial inward remittance in the amount of US$30,000.00. Every year thereafter, the head office must remit the same amount of US$30,000.00 to cover operating expenses of the representative office.
You can register a branch office in the Philippines with as little as P5,000 paid up capital. However, most banks require P25,000 - P50,000 to open a corporate bank account.
04 | LEAD TIME |
Processing timeline requires 45 working days.
Processing timeline requires 45 working days.
Processing timeline requires 45 working days.
05 | PRICE |
FOREIGN INCORPORATION PLAN STARTS AT PHP 45,000
DOMESTIC CORPORATIONRegistration of a Domestic Corporation in the Philippines |
REPRESENTATIVE OFFICERegistration of a Representative Office in the Philippines |
BRANCH OFFICERegistration of a Branch Office in the Philippines |
01 | BEST FOR |
||
The SEC will require a prospective Corporation to reserve and register a name, submit proposed Articles of Incorporation and By-Laws which are compliant with the requirements of the Corporation Code of the Philippines, and meet the minimum capitalization requirements pertaining to the industry or business that it is engaged in. |
One of the business structures that a foreign corporation can establish in the Philippines is a Representative Office. This type of company formation can only undertake information dissemination, promote the parent company's products, and provide quality control of the products. It cannot generate revenue in the Philippines and can only deal with the clients of its parent company. |
Branch Office of a Foreign Corporation operating in the Philippines must obtain a "license to do business" from the SEC. The foreign corporation's head office must prove its legal existence in its country of origin, its financial soundness, and its authorization to set up a branch in the Philippines. The Branch will need to appoint a Resident Agent in the Philippines who will be in charge of receiving summons and legal processes. This allows the SEC and other entities to obtain jurisdiction over the foreign company. |
02 | MINIMUM REQUIREMENT |
||
|
|
|
03 | MINIMUM PAID UP CAPITAL |
||
You can register a branch office in the Philippines with as little as P5,000 paid up capital. However, most banks require P25,000 - P50,000 to open a corporate bank account. |
One of the requirements in securing a license to do business as a representative office is a proof of initial inward remittance in the amount of US$30,000.00. Every year thereafter, the head office must remit the same amount of US$30,000.00 to cover operating expenses of the representative office. |
You can register a branch office in the Philippines with as little as P5,000 paid up capital. However, most banks require P25,000 - P50,000 to open a corporate bank account. |
04 | LEAD TIME |
||
Processing timeline requires 45 working days. |
Processing timeline requires 45 working days. |
Processing timeline requires 45 working days. |
05 | PRICE |
||
FOREIGN INCORPORATION PLAN STARTS AT PHP 45,000 |
||
What's Included?
Everything else in the inclusion applies to Sole Prop registration except for the registration with SEC. Sole Proprietorship are registered with the DTI.
- Consultation with the Legal Team
- Determine the best type of registration for your business model
- Company Name Reservation
- Notarization
- Drafting of the Articles of Incorporation
- Drafting of the By-Laws
- Drafting of the Treasurer's Affidavit
- Drafting of Affidavit of Undertaking
- Filling and registering with the Securities and Exchange Commissions (SEC)
- Tenancy Permit from your chosen Virtual Office or Co-Working Space
- Registration with the BIR of the corresponding city (This includes printing of your Official Receipts)
- Registration with the Local Government Units of the corresponding city (includes registration with a. Barangay's Permit b. Mayors Permit c. Sanitary Permit d. Fire and Safety Permit)
- First time application with SSS, Phil-health, and Pag-Ibig
- Free 45mins Accounting Consultation on compliance upon turnover of the registration documents
ADD A MAILING ADDRESS | VIRTUAL OFFICE FOR PHP 12,000 ONLY
Other Services
PARTNERSHIPS
Governing Law
Unlike corporations whose governing law is a special law - the Corporation Code of the Philippines, partnerships in the Philippines are governed by and covered under Articles 1767 to 1867 of the Civil Code of the Philippines (circa 1950). These are the provisions of law which govern all aspects of partnerships - from their creation, formation, existence, operation and management to their dissolution and liquidation, including the obligations of the partners to one another, to the public or third persons and to the government.
Learn More >Legal Service
TALK TO US!
Whether it is an enquiry, a suggestion, or a complaint, please don't hesitate in contacting us. We will be more than glad to hear from you and we will respond to your request as soon as we can.
If for any reason the submission form fails to work, or you do not feel comfortable using the form, please contact us using the contact details below.