Philippines Company Registration

Yobbi assist you in setting up a company at Philippines
We assist you in setting up a company at Philippines
 
  • The steps and required documents vary by country, company type, and business nature.
  • Determine the legal structure, such as Corporation, Sole Proprietorship, or Partnership.
  • Register company name with Philippines’ SEC and check for duplicates.
  • Draft Articles of Incorporation and Bylaws
  • Provide shareholder details and list of Board of Directors members.
  • Foreign investors must submit certified true copies of their valid passports and supporting documents.
  • Register the company and pay registration fees.
  • Obtain a Business Permit from the Local Government Unit
  • Register the company with the Bureau of Internal Revenue (BIR) to obtain a Tax Identification Number (TIN) and comply with all tax requirements.
  • Registering with the Social Security System (SSS).
  • Register with PhilHealth (health insurance) and Pag-IBIG Fund (housing and savings benefits).
  • Open a corporate current account in the Philippines for daily business transactions and financial management.

The Securities and Exchange Commission company registration

  • The Philippine Bureau of Internal Revenue
  • Application for Authority to Print
  • Books of Account
  • Annual Registration
  • Documentary Stamp for Lease
  • Documentary Stamp for Subscribed Capital
  • Local Government Unit
  • Barangay Permit
  • Mayor’s Permit
  • Fire and Safety
  • Zoning Permit
  • Location Clearance
  • Commercial General Liability, CGL insurance

Full company registration

  • Securities and Exchange Commission registration
  • Others

Company registration and virtual office services

  • 12 months of basic virtual office services (including business address and mail handling).
  • Others
Accounting Services in the Philippines
  • Accounts Receivable
  • Accounts Payable
  • Bank Transactions
  • Payroll
  • Goods and Services Tax and Fringe Benefits Tax
  • Financial Statements
  • Accounts Email

Opening a bank account in the Philippines for a foreign company requires Philippine consulate authentication, with varying bank requirements:

 

  • Articles of Incorporation and By-Laws
  • Board resolution certified by the company secretary, designating the bank and authorizing signatories.
  • SEC License to do business or operate in the Philippines
  • Visit the bank to open the account and submit the required documents
  • After the account is reviewed, you can receive the account-related information.

Please be aware that different banks may have varying account opening procedures, so let us assist you more effectively in opening your account in the Philippines