Business Set Up in Philippines

Philippines is becoming the new hub for the start-up industry. Foreign investors as well as local entrepreneurs are capitalizing on the business opportunities in the Philippines. Many talents are wanting to work in this country. Contact our experts at Enterslice who will guide you in end-to-end business incorporation process.

Benefits of Doing Business in the Philippines


Strategic business location

Low Labour Cost

Low cost of living

Unlimited business opportunities

Investment-friendly laws

Business-oriented economy

Developing infrastructure

Highly educated and skilled talent

Growing domestic and export markets

Competitive Workforce

Different Types of Business Structures in the Philippines


Sole Proprietorship

A single natural person operates a sole proprietorship. The owner’s liability is unlimited as the business does not have a separate legal entity of its own and is distinct from its owner.


A partnership is created by partners entering into a contract. Two or more partners bind themselves to contribute money, property, and industry in the partnership structure to undertake commercial activities and to generate profits that will be distributed among the partners as per their profit-sharing ratio. A partnership has a separate legal personality of its own however, the partners hold an unlimited liability against the debts and obligations of the partnership.


A corporation in the Philippines is similar to a Limited Liability Company (LLC). Foreigners can register a corporation based on the prevailing laws of the corporation’s incorporation by foreigners. A foreigner can establish the following types of companies in the Philippines:

i. Domestic Company : A foreign company can set up an entity in the Philippines in the form of a subsidiary or a domestic corporation. It is a business entity with a separate legal personality from its stockholders. It is similar to the structure of a Limited Liability Company or a Private limited company in other countries. The minimum number of incorporators required to open a domestic company is 2 and the maximum number of incorporators can be 15. The incorporators are the original stockholders who need to sign the articles of incorporation. Every incorporator is required to hold at least 1 share at the time of incorporation. Any combination of partnerships, associations, corporations and natural persons can be incorporators at the time of registration of the domestic corporation, which was previously limited to natural persons only.

ii. One-Person Company : Registration of a one-person company (OPC) is done by one natural person. This person is the sole incorporator, director and president of the corporation. OPC’s liability is limited to the extent of assets contributed to the company and does not extend to the personal assets of the corporation. A foreigner has been allowed to set-up an OPC, subject to the Foreign Investment Negative List. The OPC should also appoint nominee stockholders and alternate nominee stockholders and put their names in the Articles of Incorporation. These persons shall assume the responsibilities of the OPC if the main person dies. Again, the OPC also needs to appoint a Corporate Secretary or Treasurer within 15 days. The single stockholder can assume the role of treasurer in furnishing a surety bond.

iii. Branch office : To have a presence in the Philippines one can establish a branch office. A branch office does not have a separate legal entity. It is only an extension of a foreign parent company in the Philippines. The foreign company is responsible for all the liabilities of the company. A branch office is incorporated as per the laws of the foreign land in which it is incorporated. Foreign corporations are required to appoint a resident agent who shall receive correspondence on behalf of the branch office from the government departments. This resident agent can be either an individual or a domestic corporation.

iv. Representative Office : A foreign company can start by opening a representative office in the Philippines. A representative office is a foreign parent company whose liabilities are met by its parent company and which does not have permission to generate income within or outside the Philippines. A representative office only acts as a liaison office offering marketing and sales support to its parent company by conducting market research, quality control of the products related to foreign companies, etc. A representative office is not permitted to derive income or offer services to other customers. It cannot avail of any tax incentives The minimum capital required is $30,000.

v. Regional Headquarters (RHQ) : A Regional Headquarters is an administrative branch of a foreign corporation. It inspects, supervises, and supervises the activities of the branches, representative offices, and affiliates of a corporation around the world. It also acts as a communication center for all its associates. It has not been allowed to derive income and it has no separate legal entity of its own. It can train employees, source raw materials, conduct research and development, and undertake developmental projects in the Philippines.
Similar to the Representative Offices, an RHQ is required to appoint a resident agent and proof of official business address. The minimum paid-up capital for starting an RHQ is $50,000. It is not allowed to manage the operations of its parent company's branches, affiliates and affiliates. It cannot derive any income or offer services to third parties. It can solicit any business with the clients of its parent company in the Philippines. Its parent company is also prohibited from undertaking any of these activities through its RHQ.

vi. Regional Operating Headquarters (RQHQ) : The Regional Operating Headquarters (ROHQ) is an extension of its foreign parent company, which has been allowed to generate income by performing the permitted services to its head office, subsidiaries, branch offices and other affiliates around the world. It is not a separate legal entity.
Similar to the RHQ, it is also required to appoint a resident agent and proof of official business address. $200,000 is the minimum paid-up capital required for setting up an ROHQ. Apart from serving its parent company and the needs of its affiliates, it cannot solicit any business with any other entity by performing any qualifying services for them.

Different Types of Taxes in the Philippines


Corporate Income Tax

Value-Added Tax

Customs Duties

Excise Duties

Capital Gains Tax

Stamp Tax

Donor’s Tax

Fringe Benefit Tax

About our Services

Enterslice is a market-leading management consultancy firm that offers end-to-end business set-up services, taxation, financial planning, regulatory, legal, and advisory services to entrepreneurs, young start-ups, and large corporate houses across the globe.

Our Philippines Entry Strategy Service involves the following services:

About the Philippines Entry Strategy

Our Philippines Entry Strategy is classified into the following:

Business Set-Up Services

Our experts assist in selecting the most suitable business structure for your business depending on your business needs. Types of business structures available in the Philippines are sole proprietorship, partnership, and corporation. Corporations are further classified into domestic company, one person company, branch offices, representative offices, regional headquarters (RHQ), and Regional Operating Headquarters (ROHQ). Other than this, we assist in business registration, opening a bank account for the company in Indonesia, and post-registration compliance.

Consultancy on Managing the Business

Our consultants formulate a strategic plan for establishing and operating the business depending on your business needs. We formulate a budget and develop cash flows for your business. We also review internal control processes and conduct business reviews. We provide advisory for issues related to the management of the business.

Legal Advisory Services

Our legal experts provide legal advice on business operations, finances, IP protection, etc. We also draft legal necessary papers for your business and compile the required Paper works. We also ensure that all legal and regulatory compliance are duly complied with.

Accounting and Audit Advisory Services

Our accounting and audit services include the preparation of financial statements consistent with the accounting standards. We then analyze the financial statements thoroughly to evaluate business performance and highlight the opportunities for improvement. We also assist in conducting audits and ensuring that the relevant laws are adhered.

Tax Advisory Services

Our tax experts assist in filing corporate tax returns. We assist in Country-by-country reporting and in fulfilling the reporting obligations. Our team ensures that the annual tax returns are prepared as per the legislation and produced before the authority as and when required.

Intellectual Property Advisory Services

Our IP Experts assist in IP Compliance. We assist in getting IP registration by filling out applications for registration and compiling relevant necessary papers. Our team of IP experts also advice on IP compliance and IP Protection. We also assist in enforcing IP rights against any infringement.


One of the major reasons for doing business Philippines is that many people outsource or invest in the Philippines. The country has a business-friendly environment. In the Philippines, businesses enjoy competitive incentives and 100% foreign ownership in most of industries.

Yes, a business can be registered remotely in the Philippines however, it is subject to certain restrictions.

Yes, a foreign national can work in the Philippines however, those foreign nationals whose employer is located abroad or who don’t have an employer, should secure a work permit to work in the Philippines.

The reason why you should prefer Enterslice for setting up your business in the Philippines is that Enterslice pays attention to details, and professionals at Enterslice have a strong understanding of concepts. They have immense knowledge and are experts in their field.

The benefits of opting for Enterslice for your business set-up in the Philippines are as follows:

i. Professional Support

ii. 24*7 Customer Support

iii. Highly Integrated IT Team

iv. Competent Team of Lawyers, CAs, Cost Accountants, CSs, and CPAs.

v. All-inclusive solution for our clients.

Our Offerings

Why choose Us

15+ years of Industry Experience.
Global Network of CPA’s , CA’s, and Attorneys’
Million Satisfied Clients.
Globally recognized consultancy with a presence over 22+countries.

Why Enterslice

24x7 Client relationship support desk.

Tech-enabled service delivery platform.

Dedicated foreign Investment desk.

50,000+ Network of Attorneys/CPA/CA/CFA.

Strong team of In-house Advocates/CPA/CA/CFA


Individual and Dedicated professionals on every assignment.

We register 100+ Companies every Month.

Connect with Enterslice today to connect with our team of Skilled Professionals, to avail any of our Premium Services.

If you have any queries related to the Process, feel free to contact us. We will provide
you with immediate help.

We partner with more than 100+ companies

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