Company Registration in Philippines

Eligibility Criteria to Start a Business in Philippines

The eligibility criteria required to start a business in Philippines are as follows:

• At least 2 directors (of any nationality)
• A minimum of 2 shareholders (of any nationality)
• Must have a locally registered office space in Philippines
• Appoint a corporate officer, such as the president, treasurer & corporate secretary
• Must have a minimum paid-up capital of USD 200,000
• Apply for initial registration with the Department of Trade and Industry (DTI)
• Reserve a business name with either DTI or SEC
• Obtain barangay clearance from the local barangay office
• Open a corporate bank account for your business

Philippines Corporate Formation Services Offered by Corpbiz

• Pre-Registration Consultation
  Our experts help you choose the most suitable business structure required for company formation in Philippines.
• Tax Advice and Counselling
  We assist in understanding Philippine taxation and documentary stamp requirements in compliance with the Bureau of Internal Revenue.
• Business Visa Assistance in the Philippines
  Get assistance with business visa, work permit, and Alien Employment Permit for foreign investors seeking company registration in Philippines.
• End-to-End Incorporation Services
  We provide end-to-end incorporation services from business name reservation and notarization to registration with the Securities and Exchange Commission of the Philippines.
• Expansion and Advisory Services
  Corpbiz provides strategic advisory services to enable seamless market entry, business expansion, and regulatory compliance.
• Accounting and Bookkeeping Solutions
  Our accounting team offers bookkeeping, payroll, and tax compliance solutions in line with the Philippine Financial Reporting Standards (PFRS).
• Corporate Bank Account Services
  We help coordinate with local banks to prepare the required documents, schedule appointments, and facilitate successful corporate bank account opening in the Philippines.
• Post-Incorporation Compliance Management
  Our experts at Corpbiz assist with ongoing post-incorporation compliance obligations, including monthly BIR filings, SSS/PhilHealth/Pag-IBIG updates, and business permit renewals.