A. Process mandatory start-up requirements
No other way to go than to start right making sure that all the mandated requirements are complied with. We understand the peculiarity of doing business specific to your industry and we have prepared for that.
- Determine Capital Requirement
- Locate a local bank and open an account
- Secure company name with SEC or DTI
- Identify Shareholders, Directors, Nominees and Incorporators
- Draft Articles of Incorporation and By-Laws
B. Register with the Securities & Exchange Commission (SEC) or Department of Trade & Industry (DTI)
Business Registration gives the business a juridical personality. Regardless where the enterprise is located, it needs to go through the registration processes.
C. Register with the Bureau of Internal Revenue - Revenue District Office (RDO) where the business is located.
D. Secure Business Permits and License with local government where business is located.
Local Business Permits and License are issued by the local government through the office of the Mayor who has jurisdiction over the place of business authorizing the business to operate in the vicinity.
E. Register with Social Security System (SSS), Philippine Health Insurance Corporation (PHIC) & Home Development Mutual Fund (HDMF)
F. Obtain Board of Investment (BOI) Exemption
G. Register with Philippine Economic Zone Authority (PEZA)
H. Secure Secondary License as applicable
- Land Transportation Office (LTO)
- Bureau of Food & Drugs (BFAD)
- Bangko Sentral ng Pilipinas
- Insurance Commission
- Other Government Agencies
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