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How to Start a Business in the Philippines

Many entrepreneurs who want to stay here and want to know exactly how to start a business in the Philippines.<br>So entrepreneurs need Business Registration any one of these: Sole Proprietorship, Partnership<br>Corporation, Branch Office and Representative Office.<br>

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How to Start a Business in the Philippines

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  1. How To Start a Business in the Philippines http://pnjgconsulting.com

  2. Many entrepreneurs who want to stay here and want to know exactly how to start a business in the Philippines. So entrepreneurs need Business Registration any one of these: • Sole Proprietorship • Partnership • Corporation • Branch Office • Representative Office

  3. Sole Proprietorship Partnership The sole proprietorship is the simplest business form under which one can operate a business. It simply refers to a person who owns the business and is personally responsible for its debts. A partnership is an arrangement in which two or more individuals share the profits and liabilities of a business venture. Various arrangements are possible: all partners might share liabilities and profits equally, or some partners may have limited liability.

  4. Corporation Branch Office Corporation, as per Corporation Code of the Philippines, is a legal entity that is separate & distinct from its owners regulated by Securities & Exchange Commission (SEC). Branch Office, is a foreign corporation organized and existing under the law of its location of incorporation and is licensed (issued by SEC) to do business in the Philippines. Foreign head office business’ operations and activities can be performed here and allowed to derive income and is subject to corporate income tax.

  5. Representative Office Representative Office is a foreign corporation organized and existing under foreign laws. Unlike Branch Office, it cannot derive income in the Philippines and it is not subject to income taxes.

  6. Philippines OfficeUnit 904 OMM-Citra Bldg.,San Miguel Ave.,Ortigas Center, Pasig CityTel. (02) 470-6160(02) 775-6217www.pnjgconsulting.com Visit Us • Website • Facebook • Twitter • LinkedIn http://pnjgconsulting.com

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