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11 legal articles
Incorporation is not a license. SEC registration creates your company. Whether you may lawfully run a payment, e-money or virtual-asset business depends on the activity, and that usually means a...
Choose your structure first. A Philippine subsidiary is a domestic corporation and needs a corporate secretary who is a Filipino citizen and resident. A licensed branch appoints a resident agent...
GIS: Due within 30 calendar days of the anniversary of your SEC license. The Resident Agent signs the certification page, and the form must be notarized. Amended GIS: Due within...
Recent SEC corporate governance updates require digital reporting and expanded risk management disclosures for foreign-owned startups. Foreign equity limits dictate board composition. Violating these limits triggers penalties under the Philippine...
Strict Officer Roles: The Revised Corporation Code of the Philippines dictates that key officers, such as the Corporate Secretary and Treasurer, must meet specific residency and citizenship requirements. Preserving Incentives:...
Entering the Philippine market through a commercial joint venture (JV) is a proven strategy for foreign investors to leverage local market expertise and scale operations. However, navigating local equity restrictions,...
Board of Directors Liability for Foreign Subsidiaries in the Philippines: Executive Checklist Accepting a board seat on a Philippine subsidiary is never a mere paper appointment. Under local law, directors...
If you are planning to expand your business to the Philippines, you must make a foundational decision: do you register an SEC Branch Office or a Representative Office? This choice...
Strict Fiduciary Standards: Foreign directors of Philippine corporations are bound by the same strict duties of obedience, diligence, and loyalty as local directors under the Revised Corporation Code. Personal Liability...
Key Takeaways Establishing a foreign-owned business in the Philippines requires strict adherence to statutory equity limits and minimum capital requirements. Structuring your market entry correctly prevents legal penalties and operational...
Setting Up a Corporate Entity in the Philippines: Subsidiary vs Branch Office Cost Comparison Key Takeaways Choosing the right corporate structure in the Philippines dictates your tax liabilities, compliance, and...