10 Things to do before registering a business in the Philippines

10 Things to do before Registering a Business in the Philippines

  1. Research the government regulations applicable to the industry you wish to enter
  2. Determine the restrictions on foreign ownership of business or ownership of property including private land
  3. Check the foreign exchange policies
  4. Choose a business structure
  5. Set up your business location
  6. Get necessary government approvals
  7. Know the import and export controls
  8. Study the applicable national and local taxes
  9. Inquire on eligibility for incentives from investment promotion agencies
  10. Evaluate availability of required talent and applicable labor legislation

It is always best to seek legal advice from a trusted law firm in the Philippines.

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