Philippines

The steps and required documents vary by country, company type, and business nature.
Determine the legal structure, such as Corporation, Sole Proprietorship, or Partnership.
Register company name with Philippines’ SEC and check for duplicates.
Draft Articles of Incorporation and Bylaws
Provide shareholder details and list of Board of Directors members.
Foreign investors must submit certified true copies of their valid passports and supporting documents.
Register the company and pay registration fees.
Obtain a Business Permit from the Local Government Unit
Register the company with the Bureau of Internal Revenue (BIR) to obtain a Tax Identification Number (TIN) and comply with all tax requirements.
Registering with the Social Security System (SSS).
Register with PhilHealth (health insurance) and Pag-IBIG Fund (housing and savings benefits).
Open a corporate current account in the Philippines for daily business transactions and financial management.

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