Globalfilipino

Hassle-Free Business Registration

BCGF assists startups and established companies in navigating their business registration requirements in the Philippines effortlessly. Our dedicated team of business registration experts is here to support you at every stage of the process, ensuring a smooth experience.

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Business Registration

How Business Registration Works in the Philippines

Are you planning to start a business in the Philippines? The first step is to establish a legal identity by creating a unique business name, which secures your ownership rights over all activities and assets related to your business.

Business registration involves several key government bodies and agencies:

  • Department of Trade and Industry (DTI)
  • Securities and Exchange Commission (SEC)
  • Local Government Unit (LGU)
  • Bureau of Internal Revenue (BIR)
  • Department of Labor and Employment (DOLE)
  • Social Security System (SSS)
  • Additional agencies relevant to your industry (e.g., National Food Authority, Bureau of Fisheries and Aquatic Resources, DTI Intellectual Property Office)

The Significance of Business Registration in the Philippines

Business registration is crucial for legal compliance in the Philippines. It opens the door to various incentives, such as reduced tax rates, income tax holidays, long-term land leases, and streamlined customs procedures.

Depending on your industry, you can access fiscal and non-fiscal benefits from agencies like the Philippine Economic Zone Authority (PEZA) and the Board of Investments (BOI).

Conversely, running an unregistered business can lead to significant fines and penalties, all of which can be avoided by properly following the business registration process and submitting the necessary documentation.

BCGF is here to guide you through the entire process from start to finish.

Business registration in Philippines

Types of Business Structures in the Philippines

Single owner space

Single Ownership

Registering a sole proprietorship is the easiest and quickest way to establish your business. The sole owner manages all assets and profits, allowing for the combination of business and personal assets.

opc

One Person Corporation (OPC)

Register as a One Person Corporation (OPC) to enjoy the benefits of a traditional corporation without needing multiple stockholders. An OPC has a single owner and provides limited liability protection.

Domestic corporation

Domestic Corporation

Registering as a domestic corporation is a common choice for businesses with foreign investors. Corporation equity can be 100% Filipino, 60% Filipino with 40% foreign, or 40% to 100% foreign.

Business registration Partnership

Partnership

Registering a general or limited partnership with two or more individuals is ideal for both local and foreign companies in the Philippines.

Foreign Corporation

Foreign Corporation

Registering a foreign company in the Philippines can be done through a domestic corporation or as a resident foreign corporation.

Business Registration

PEZA and BOI Accreditation

Register with PEZA or BOI to take advantage of economic incentives in the Philippines. Find out if your business is eligible for these perks.

Business Registration Requirements for Local Incorporated Companies

Whether with local or foreign investors, a company duly registered under Philippine law must comply with several business registration requirements. Each government agency has varying procedures. Below is an overview of what to expect.

Requirements for Registering Foreign Companies

Foreign corporations can operate in the Philippines by establishing locally registered branches of their head offices. Alongside the standard permits and clearances required for all businesses, international companies must select from the following registration options.

Frequently Asked Questions (FAQs) on Business Registration

BCGF works with businesses of all sizes, from small-and-medium enterprises (SMEs) to multinational corporations. We provide end-to-end business registration assistance, which includes:

  • Company incorporation
  • Foreign licensing
  • Application for business permits
  • Assessing eligibility for tax incentives
  • General corporate compliance work
  • Housekeeping/secretarial work
  • Corporate restructuring

We can also help you evaluate the following:

  • Nature of the business
  • Ideal location for the business
  • List of business activities to engage in
  • Market-entry plans of the business
  • Capital requirements for the chosen industry (including options for reducing the minimum capital required for starting operations)
  • Appointment of nominee director/s or resident agent
  • Choosing corporate officers (e.g., president, corporate secretary, treasurer)
  • Staffing requirements to assess the approximate size of office space and facilities
  • Need for additional or special licenses/permits (if engaging in a regulated industry)

BCGF has an in-house team of seasoned business registration experts and bookkeeping professionals. Additionally, we have a corporate lawyer who provides sound legal guidance on company formation and business registration in the Philippines.

The timeframe for registration varies based on the specific business entity you choose and the timely submission of requirements. Contact us via email or phone to learn more about the duration for registering a particular business entity.

If you purchased a virtual office package from BCGF along with business registration support, you can enjoy the amenities in our spaces.

However, if you only opted for the business registration package, you’ll need to make a paid booking each time you want to use our facilities at BCGF.

Our partners says

When I was pressed for time to present a project proposal to the Office of the President of the Philippines, BCGF’s CEO, Desiree Joy B. Alcala, took a difficult job of doing the final draft 2 days before the deadline. She even made additional research to make my presentation more appealing and professional. She is a genius!
Atty-Antonio-Betito
Atty. Antonio Betito
Legal Counsel, Betito Law Office
BCGF, formerly Remspec, Inc. is one of the best marketing agencies especially in the tourism industry. I came to know them while I was Operations Manager of Grand Seasons Hotel way back 2007-2011. I’d recommend them to any hotel or resort in need selling and marketing services to expand their client base.
Yna-Salazar-De-Guzman-Operations-Manager-Interpark-Hotel-50x50
Yna Salazar de Guzman
General Manager, Interpark Hotel, Subic Freeport Zone
Remspec, Inc., now known as Business Center for Global Filipinos, brought us the biggest client in the history of Legenda Hotel in Subic Bay Freeport Zone, a 5-star, 500-room International Hotel, when I was still its Senior Account Manager in 2008. Excellent marketing expertise. They were able to manage the 6500-guest event with not a single complaint from our Sykes-Asia.
Gina-Baylon
Gina Isip Baylon
Asst. Director of Sales, Subic International Hotel
Got questions or need help? Get in touch and let’s talk. Call Us : (+632) 86897184

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