Company Formation in Philippines
Company formation in the Philippines involves registering with the Securities and Exchange Commission (SEC), securing local permits, and meeting foreign ownership rules under Philippine investment regulations.
- Register a domestic corporation, branch office, or representative office through the SEC
- Comply with Foreign Investments Act and ownership restrictions based on business activity
- Obtain Barangay clearance, Mayor’s permit, and BIR tax registration to begin operations
Complete Support for Formation
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Company formation in the Philippines begins with SEC registration as a domestic corporation, branch, or representative office, similar to Company Formation in Singapore. Foreign ownership is governed by the Foreign Investments Act and Negative List. After incorporation, businesses must secure Barangay clearance, a Mayor’s permit, and complete BIR tax registration to operate legally within the Philippines.
Set Up Your Philippine Company with the Right Local Alignment
SEC registration and entity structuring
We support incorporation through the Securities and Exchange Commission, helping structure domestic corporations, branches, or representative offices based on ownership and business activity.
Navigating foreign ownership restrictions
Our team helps interpret the Foreign Investments Act and Negative List, ensuring your business structure aligns with sector-specific ownership limitations in the Philippines.
Coordination with local government units
We guide you through Barangay clearance and Mayor’s permit requirements, which vary by city and are essential for operating legally.
BIR and post-incorporation compliance
Support includes BIR registration, securing a Tax Identification Number, and understanding ongoing tax and reporting requirements in the Philippines.
From SEC Approval to Local Business Readiness
Company formation in the Philippines extends beyond incorporation, requiring coordination with local authorities, tax registration, and operational permits before businesses can legally begin activities.
SEC Registration
Reserve company name, prepare incorporation documents, and complete SEC registration as part of company formation in the Philippines based on your chosen structure.
Secure Local Government Permits
Obtain Barangay clearance and Mayor’s permit from the local government unit where your business will operate.
Complete BIR and Compliance Registration
Register with the Bureau of Internal Revenue, secure a Tax Identification Number, and set up official receipts and invoicing compliance requirements.
Planning Your Entry into the Philippine Market?
Company formation in the Philippines involves aligning with SEC requirements, local government permits, and BIR registration. Understanding these early helps avoid delays and ensures your setup is structured correctly.
Read the Latest Insights Related to Company Formation
What Business Owners Ask Us Most Often
What types of companies can be registered in the Philippines?
Businesses can register as a domestic corporation, branch office, or representative office with the Securities and Exchange Commission, depending on ownership and intended activities.
Can foreigners fully own a company in the Philippines?
Foreign ownership is allowed in many sectors, but restrictions apply under the Foreign Investments Act and Negative List, which limit ownership in specific industries.
What is the minimum capital requirement in the Philippines?
Minimum capital depends on ownership structure. Fully foreign-owned companies may need to meet higher capital thresholds depending on their business activities.
Which authorities are involved in company formation in the Philippines?
The process involves the SEC for incorporation, local government units for permits, and the Bureau of Internal Revenue (BIR) for tax registration.
Is a local address required for company registration?
Yes. Companies must have a registered business address in the Philippines, which is required for SEC registration and local permit applications.