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Business Registrations Procedure
Why Do Business in the Philippines?
The answer is SIMPLE!
Abundant Supply of Quality Manpower
with a large pool of multi-skilled, highly educated,
highly trainable, literate, English-speaking workforce
Strategic Business Location
Well positioned at the GATEWAY to Asia
Liberalized and Friendly Economy
Hospitable Lifestyle
and Unlimited Business Opportunties...
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ELATED TOPICS:
Licensing of Foreign Corporations
Registration of Corporations
Cost of Getting Started
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BUSINESS REGISTRATION PROCEDURES
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WHERE TO REGISTER |
FILING FEE |
TIMETABLE
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1. CORPORATION/
PARTNERSHIP
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Securities and Exchange Commission (SEC)
www.sec.gov.ph
Tel. Nos.:
726-9245/724-8738
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1/5 of 1% of the authorized capital stock
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Within five (5) working days
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Department of Trade & Industry (DTI-NCR)
Tel.: 751-0384 loc. 2124
www.dti.gov.ph
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P 315.00 |
Within the day |
3. INCENTIVES AVAILMENT
(Optional) |
Board of Investments (BOI)
www.boi.gov.ph
Philippine Economic Zone Authority (PEZA) www.peza.gov.ph
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Depends on company's project cost. |
BOI – within ten (10) working days
(Board Action)
PEZA – Within two (2) weeks (Board Action |
4. TAX IDENTIFICATION NO. (T.I.N.) |
Bureau of Internal Revenue (BIR)
www.bir.gov.ph
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None |
Within the day |
5. MAYOR'S PERMIT
(License to Operate) |
Local Government Unit (Office of the Mayor) where business is located. |
Initial Fee – base on business activity
Garbage Fee – based on land/floor area
License Fee – P.25 for every P1,000.00 of company's capital.
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Within two (2) weeks. |
6. EMPLOYER/
EMPLOYEE
Social Security System No.
(SSS No.) |
Nearest SSS Branch where business is located. www.sss.gov.ph
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None |
Within the day |
7. ENVIRONMENTAL COMPLIANCE CERTIFICATE (ECC)
CERTIFICATE OF NON-
COVERAGE (CNC) |
Environmental Management Bureau – (EMB-DENR)
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ECC Non-Critical – P4,000.00
ECC Critical – P6,000.00
CNC – P100.00 |
ECC Non-Critical – 75 working days
ECC Critical – 120 working days
CNC – 15 working days
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