How to Setup a Company in Philippines | Business Registration Guide
Planning to Start a Company in the Philippines? Here's How
The Philippines offers a thriving business environment for both local entrepreneurs and foreign investors. With full foreign ownership allowed in many industries and a streamlined online process, setting up a company in the Philippines is more accessible than ever.
Step 1: Choose the Right Business Structure
Decide on the type of entity based on your goals. Options include:
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Domestic Corporation (for partnerships or groups)
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One Person Corporation (for solo founders)
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Branch or Representative Office (for foreign companies)
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Sole Proprietorship (for individual locals)
Most foreign investors go with a Domestic Corporation or Branch Office depending on their market entry plan.
Step 2: Reserve Your Company Name
Submit a name reservation request on the SEC’s online portal to ensure your chosen name is unique and legally acceptable.
Step 3: Prepare Legal Documents
You’ll need:
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Articles of Incorporation
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By-laws
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Treasurer’s Affidavit
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Valid IDs or passports of directors/shareholders
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Lease agreement or proof of business address
Step 4: Register with the SEC
Apply through eSPARC, the SEC’s online company registration system. Once approved, you’ll receive your Certificate of Incorporation.
Step 5: Complete Post-Incorporation Tasks
After receiving your certificate, proceed to:
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Register your company with the Bureau of Internal Revenue (BIR)
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Get your company’s Taxpayer Identification Number (TIN) and authority to print official receipts
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Secure a Business Permit from the local city hall
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Register with SSS, PhilHealth, and Pag-IBIG if hiring employees
Can Foreigners Setup a Company in the Philippines?
Yes. Foreigners can own 100% of a company depending on the sector. Some industries are restricted under the Foreign Investment Negative List (FINL), while others allow full ownership without needing a local partner.
Why YKG Global?
We guide foreign and local entrepreneurs through the full process—from structure selection and SEC filing to BIR, LGU, and labor registrations. With YKG Global, you can set up your company faster, more securely, and fully compliant with Philippine regulations.
Ready to setup your company in the Philippines?
Let YKG Global handle the legalities while you focus on growth.
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