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NARAG LAW OFFICE

NARAG LAW OFFICE

Bacoor, Philippines

Founded in 2015
12 people in their team
You've Come To The Right PlaceOur Managing Attorney, Atty. Narag (a CPA), started this firm in January 2015 after working in the corporate world for...

Philippines Business Legal Questions answered by Lawyers

Browse our 2 legal questions about Business in Philippines and the lawyer answers, or ask your own questions for free.

Is there any legal agreement about passing your business to another party?
Business
Contract
Greetings! We can assist you with the transfer. May I know the exact location of the business? Thank you very much - JOANNA Law Office [email protected]
USA Owned Corporation call center
Business
Immigration
Good Day!Establishing a corporation in the Philippines, particularly for your intended purpose of creating a call center for information exchange between lawyers and doctors in the USA, involves multifaceted legal and regulatory considerations. Given the complexity of your query, it's essential to understand that a comprehensive answer requires a detailed analysis of various legal aspects, which would best be addressed in a personalized meeting with legal counsel. However, I can provide an overview of key areas to consider:Corporate Structure and Registration:Type of Corporation: You may opt for a domestic corporation since your operations are based in the Philippines.Incorporation Requirements: These include preparing Articles of Incorporation, By-laws, obtaining SEC (Securities and Exchange Commission) registration, and other pertinent registrations such as with the Bureau of Internal Revenue (BIR), and local government units.Foreign Ownership Regulations:If the corporation will be foreign-owned, compliance with the Foreign Investments Act is necessary. There may be limitations on foreign ownership in certain industries, although BPO (Business Process Outsourcing) sectors like call centers generally allow significant foreign ownership.Employment and Labor Laws:Hiring Practices: Compliance with the Labor Code of the Philippines is crucial. This includes fair hiring practices, observing minimum wage laws, and adhering to working conditions and hours.Employee Benefits and Retirement Plan: The Philippine laws mandate certain benefits like 13th-month pay, social security (SSS), health insurance (PhilHealth), and home development mutual fund (Pag-IBIG). For retirement planning, the company may offer additional private plans.Taxation:Corporate Tax: Understanding the corporate income tax structure, value-added tax (VAT), and other applicable taxes is essential.Tax Incentives: Depending on the location and nature of the business, you may be eligible for tax incentives, especially if you locate in Special Economic Zones (SEZs) or IT Parks accredited by PEZA (Philippine Economic Zone Authority).Data Privacy and Compliance:Since your operation involves information exchange between lawyers and doctors, compliance with the Data Privacy Act of 2012 and its implementing rules is crucial, especially regarding the handling of sensitive and personal data.Industry-Specific Regulations:There might be specific regulations for call centers and BPOs that you need to comply with.Intellectual Property:Protecting your business name, trademarks, and any proprietary processes or technologies.Given the complexity and the specific nature of your requirements, a detailed consultation with a lawyer in the Philippines, possibly in conjunction with your lawyer in the USA, is recommended. This meeting would allow you to discuss:The specific legal requirements tailored to your business model.The implications of Philippine laws on your proposed business operations.Strategies for compliance with labor, tax, corporate, and other relevant laws.For a more detailed discussion and personalized legal guidance on setting up a corporation in the Philippines, especially one focused on a call center facilitating communication between lawyers and doctors in the USA, I recommend scheduling a consultation. You can reach out via email at [email protected] to arrange a meeting. During this consultation, we can thoroughly assess your specific requirements, discuss relevant corporate and labor considerations in the Philippines, and ensure that your business aligns with all legal and regulatory frameworks. This step is crucial for navigating the complexities of corporate formation, employment laws, tax structures, and other legal aspects pertinent to your business venture.Dagsaan Monterde Castillo Law 

About Business Law in Bacoor, Philippines

Bacoor, located in Cavite Province, is one of Philippines's thriving commercial and industrial hubs, with a growth rate that consistently outpaces national averages. The city’s business laws are regulated both by national and local ordinances, all aimed at promoting a conducive environment for entrepreneurs and businesses. Establishing and running a business in Bacoor involves a number of legal complexities around incorporation, taxation, labor laws, zoning rules, environmental regulations, and more. Thus, understanding the local business legal landscape is crucial in navigating these complexities effectively.

Why You May Need a Lawyer

Legal advice can prove invaluable in many business situations. For instance, you may need a lawyer when setting up your business entity, negotiating and drafting contracts, managing real estate transactions, resolving labor disputes, ensuring compliance with local and national regulations, and in interpreting and applying taxation laws. Additionally, in the unfortunate event of litigation or any legal dispute, having a competent lawyer by your side can greatly boost your chances of a favorable resolution. In a nutshell, a good lawyer can not only help you avoid legal potholes but also grow your business strategically.

Local Laws Overview

In Bacoor, aside from adhering to general Philippine laws such as the Civil Code, Code of Commerce, Intellectual Property Code, Tax Code, and Labor Code, businesses should also adhere to the Bacoor City Ordinance No. 7 Series of 2022, which sets the guidelines on business permits and licensing in the city, among other pertinent regulations. The province of Cavite also has specific zoning rules that affect where businesses can be located. Local Environmental rules must also be adhered to, keeping in line with the nation's commitment towards responsible entrepreneurship.

Frequently Asked Questions

What is the process of setting up a business in Bacoor?

Setting up a business in Bacoor involves registering with SEC (for corporations) or DTI (for single proprietors), obtaining local Barangay clearances, City Hall permits, and complying with BIR and SSS requirements. Seek guidance from a lawyer to ensure full compliance.

How long does it take to incorporate a business in Bacoor?

The length of time it takes to incorporate a business depends on a number of influences - type of business, the promptness in providing necessary documents, government processing times, etc. Generally, it should take between two to three months.

Are there any specific labor laws peculiar to Bacoor?

While Bacoor follows the general labor laws of the Philippines, businesses must adhere to the local ordinances concerning proper waste disposal, noise control, and maintaining a harassment-free working environment, among others.

What taxes are businesses in Bacoor subjected to?

Businesses are generally subjected to Value added tax, income tax, withholding tax, and local business tax. The specifics can vary based on the nature of the business. It's recommended to consult with a tax lawyer to understand your obligations.

Is there any local support for start-up businesses in Bacoor?

Yes, the Bacoor government provides assistance to start-up businesses. This is usually in the form of seminars, development programs, and occasionally financial incentives for certain sectors.

Additional Resources

Here are some important resources that could be helpful:

  • The Philippines SEC (Securities and Exchange Commission)
  • The Department of Trade and Industry (DTI)
  • The Bureau of Internal Revenue (BIR)
  • The Bacoor City Business One Stop Shop (BOSS) for business registration and renewal services

Next Steps

If you wish to seek legal assistance, consider contacting law firms in Bacoor or Cavite that specialize in commercial and corporate law. Prepare a brief of your requirements and ensure you have all the necessary documents to assist your lawyer in giving accurate legal advice. Remember, it is essential to maintain ongoing communication with your lawyer to stay abreast of any laws that could potentially impact your business.

Disclaimer:
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.