The Philippines offers a receptive, transparent and open market for companies interested in incorporating their business there due to its excellent business location, fast-forward infrastructure growth, English-speaking and competent workforce, government support, beneficial tax incentives, low cost of workers, several prospects for investment and excellent location it has become a global hub for company setup. At Enterslice, we know that undisputedly, the Philippines is going to be the best place to live and work in the next quarter century, considering that our advisors and consultants are driving the companies to become adaptable to its business eco-system and attain productivity and profit as a Philippines based incorporated company. Enterslice will assist you in forming your business as a federal corporation, helping you gain the protection and legal recognition required for efficient and timely incorporation. We offer tailor-made end-to-end business registration services; we will make the seemingly endless paperwork easy for you so that your company can hit the ground running in no time. Compliance is a tricky part of any business. On the tips of our compliance experts, we will generate compliance for your business structure and aid you in the company incorporation compliance framework. You need not worry about your legal problems because we have a dedicated team of legal experts who will proofread all your necessary papers, all the rules and regulations, and their intricacies, and suggest the best layouts and necessary changes, making you grow seamlessly. It is the most popular kind of company type in the Philippines, especially amongst foreign investors; corporations can be 100% Filipino equity, 60% Filipino, 40% foreign equity and more than 40% foreign equity; we can assist you with generating necessary papers for your domestic corporation, secure business permits and other compliance necessary papers. In the Philippines, partnerships can be general or limited, made by two or more individuals; with the help of Entrance, you can be a registered partnership company in the Philippines, where we will take care of all your compliance necessary papers. A foreign company can register as a domestic corporation or a resident foreign corporation via a branch office, representative office, RHQ, or ROHQ. With our help, you can quickly complete your corporate complaints and the Paper works necessary to secure an employee's visa. A sole proprietorship-based company needs to be owned and controlled by a single person; he holds all assets and profits and can mix business and personal assets freely. With the help of securing a sole proprietorship company registration, we will ensure all your business permits and other needed compliance necessary papers. It is the most traditional form of corporation available in the Philippines because it provides most of the benefits of a conventional corporation without bringing more stakeholders. In the Philippines, a corporation is treated as a separate legal entity, meaning all the debts or liabilities are not of any person but of the corporation. A shareholder is not personally held liable for the debts and obligations of the corporation; he is responsible for the corporation's debt only up to the limit of his assets. There are significant tax advantages that a corporation enjoys in the Philippines, such as flexibility in deducting fringe benefits and other expenses. The cost of salaries, bonuses, education benefits and dependent care assistance are among the benefits deductible by corporations. Incorporating your business in the Philippines is majorly advantageous and can result in great flexibility in raising capital; instead of borrowing money and making interest payments, one can raise capital by selling stock and other equity interests. Step 1 – Deciding on a name for your corporation is the first step to company incorporation in the Philippines. Step 2- The company must compile and collect the necessary paperwork before submitting the registration application to the Securities and Exchange Commission; the necessary papers must include articles of incorporation, the firm's bylaws and the treasurer's affidavit. Step 3- acquire the business licenses and permits, which is necessary before initiating any commercial operations. A request for a barangay’s clearance, a mayor permit and a business license must be made. Step 4 A new business must enrol with the Bureau of Internal Revenue (BIR) to comply with tax requirements in the Philippines and obtain a tax identification number. Step 5 is registering with government agencies such as the Social Security System, PhilHealth and Pag-IBIG fund. Our services of standard corporations include company incorporation assistance. Our incorporation services will provide faster and hassle-free legal recognition to your corporation, and we will assist you with articles and certificates of incorporation, government fees, agency filing fees, business numbers, corporate tax and other bylaws. Our general partnership registration assistance includes guiding you through new registration or renewal. Depending on your business structure, we will handle your agency filing requirements and other necessary Paper works for company incorporation. Company incorporation in the Philippines requires an extensive Paper works process, which is to be submitted to the Securities and Exchange Commission. Enterslice will assist you and make this Paper works procedure hassle-free; we will formulate your articles of incorporation, bylaws of the firm and the treasurer's affidavit, making your Philippines regulation compliant in no time. Even before applying for the incorporation process, you must comply with a handful of compliances to attain an incorporation certificate. Trust Enterslice and let us deal with compliances for your company; we will acquire business licenses and permits on your behalf, enrol your business on the Bureau of Internal Revenue and other government agencies such as the social security system for obtaining employer numbers, PhilHealth, the organisation within which every employer must enrol their staff and Pag-IBIG Fund which provides house and other kinds of loans for the workers who are insured within the social security system. Notarised articles of incorporation in which the name, objectives, location of headquarters, number of founders, and the quantity and proportion of capital stock are mentioned must be attached with the incorporation application, along with the tax identification number acquired from BIR, bylaws, i.e. The guidelines for operating a company, details of elections for the board of directors and executives and a treasurer’s affidavit which must be acknowledged by the selected treasurer who certifies that authority of the director’s position are the necessary papers that must be attached with the incorporation application. A company incorporating itself in the Philippines can take benefit of the ASEAN trade in goods agreement, which the Philippines is a signatory of; the country has a high ranking in quality life indexes, very few barriers are there to hire, foreign personnel can run local businesses, growth rate is of 6.6%, there is a Philippine economic zone authority(PEZA) which is of great benefit to the investors and most importantly if you have a consultant like Enterslice by your side you could register your company in the Philippines even without physically vising the country. There are around 16 procedures to start a business in the Philippines. This takes about 36 days to complete. This long duration of incorporating a company in the Philippines has placed it at the 161st position in the World Bank and IFC Rankings, indicating the procedure's complexity. Getting construction permits for your business in the Philippines is a long and complicated task that takes 29 procedures and 84 days to complete. This is also an expensive procedure. Registering property takes around 39 days to complete and is quite costly. It involves eight procedures in total. A domestic company in the Philippines is subject to tax on its whole income, whether inside or outside the country. Generally, a corporate income tax of 25% is levied on net income from all sources of domestic companies. Resident foreign corporations engaged in the trade or any business in the Philippines are taxed similarly to domestic companies but only on income from Philippine sources. A non-resident foreign company in the Philippines is subject to a corporate income rate of 25% concerning the gross income derived from sources within the Philippines. The Philippines has a double taxation treaty with many countries like USA, UK, Singapore, and Canada. These tax treaties give tax relief on the income of foreign or residents of the Philippines from sources in their territories. A minimum paid-up capital of USD 200K is required to set up a company in the Philippines. It is a mandatory requirement for all companies incorporated in the Philippines to have a local registered company address. The primary requirement of this address is to ensure that a reliable channel is created for sending all official correspondence and legal necessary papers to the company. A minimum of two shareholders of any nationality and two directors of any ethnicity are required. Additionally, a corporate secretary, a treasurer, and a president, all of whom must be citizens of the Philippines or ordinary residents. One of the most important steps is to decide the type of company structure for your business and choose a unique company name. We have 20+ years of experience in assisting entrepreneurs in their company incorporation domain along with licensing, company establishment, and other legal compliances; our journey is full of success stories that we achieved through these years by making the right decisions for a budding or an incorporated company. We have faith in your trust and can do anything to keep your trust intact; we engage the community without staking our core values and vision. We understand that the core of any business is its employees; our team of experts are polite and competitive and responds efficiently to the queries of each customer; our belief is to develop long-term and trustworthy relationships. We provide our clients with an environment that is convenient and consistent for them. We work without friction and with the ties of trust and credibility. Our experts offer easy and hassle-free Paper works assistance with checklists and updated formats occasionally. Incorporating a cross-border company involves multiple compliances, which, when not appropriately followed, cause delays in the licensing process. Our legal team will help you in systematic compliance formulation along with time-to-time compliance support per the regulation changes. We customise FinTech strategies as per your company's business model. To achieve the same, we assign a dedicated fintech expert who will provide expert guidance and support and help you make the right decisions for your company. We are known for offering tailor-made solutions to our clients with our client-centric and end-to-end support. We have successfully incorporated 300+ companies worldwide. We aim to assist you in quick and accurate company incorporation along with easy and hassle-free paperwork; the dilemma you feel when entering the Canadian market could be resolved with our assistance. Incorporation creates a separate legal entity for a corporation entirely different from its shareholders and other members; along with incorporation, we also focus on shielding personal assets from creditors and any other future legal actions. Incorporating a company in the Philippines includes various corporate tax benefits, which sometimes are unknown to companies, and interslice assists you in taking advantage of these tax concessions. Incorporating your business with the help of Enterslice will make incorporation easy for you, ultimately providing added credibility and trust to your organisation from potential investors, customers and business partners.Why is the Philippines ideal for launching your company
Panoramic view of Enterslice’s Philippines company incorporation services
Company formation
End-to-end business registration
Corporate Compliance
Legal consulting
Types of Business Structure in the Philippines
1.Domestic corporation
2. Partnership firms
3. Foreign Corporations
4. Sole proprietorship
5. One person corporation
Benefits of incorporating a company in the Philippines
Protection from personal liability
Tax Benefits
Access to Capital
Procedure forCompany Registration in the Philippines
Reasons to choose Enterslice service for company incorporation in the Philippines
1. Standard corporation registration assistance
2. General partnership registration assistance
3. necessary paperation assistance
4. Compliance assistance
necessary papers required for company incorporation in the Philippines
Why to register a company in the Philippines
Challenges Faced by Companies During Company Incorporation in the Philippines
Starting a business
Construction Permits
Property Registration
Tax structure for company incorporation in the Philippines
Domestic Corporations
Resident Foreign Corporations
Non-Resident Foreign Corporations
Double Tax Treaties
Eligibility conditions for companies expanding their business in the Philippines
Share Capital
Local Registered Company Address
Key Personnel
Business Structure Evaluation and Business Name Selection
Our success story
Why choose us
Vision & core values
Customer-centric services
Convenient and consistent
Enterslice company incorporation services
Frequently Ask Questions
Potential benefits after taking Enterslice’s company incorporation services
We make it easy
Personal asset protection
Enjoy potential tax benefits
Gain credibility
-- Testimonials
“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.”
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.”
“Amazing services provided by your organization. They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.”
“I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.”
“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
Haiden Group - UAE
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