Incorporation Company in the Philippines

The Philippine government has streamlined the incorporation process to make it easier for foreigners to do business in the country. However, the process still requires a large amount of time and effort. You can get help from an incorporation service provider to streamline the process. With the assistance of a company incorporation service provider, you can enjoy greater flexibility in raising capital and meeting regulatory requirements. Incorporating a company in the Philippines is now easier than ever.

Incorporation Company in the Philippines

You will need to fill up application forms and submit the required documents. You will also need to submit the general information sheet and annual registration fee, which must be paid by 31 January each year. The incorporation process is completely online and will not require you to travel to any physical office. However, you will need to obtain local permits for your company. Once your company is registered, you can start working on marketing, sales, and operations.

What is Meant by Company Incorporation?

The AOI (Article III of the Incorporation) should specify the name of your company, the purpose of your business, and the location of its office. It should also include the number of incorporators and the amount of capital stock to be issued. Once your incorporation is approved Singapore incorporation, an external auditor should be appointed to examine and verify your company’s earnings and expenses. A fiscal year will be set for the company and will run from the first day of January to the last day of December.