InCorp Philippines – Blogs
Our blog section features original articles on finance, foreign investments, industry updates, entrepreneurship, and other business topics for people who want to gain knowledge on the Philippines’ business environment and economic profile.
Our articles also provide valuable insights on best practices in doing business in the Philippines for local and foreign entrepreneurs looking to set up operations in the country.
Starting a business can be both exciting and overwhelming, especially for first-time entrepreneurs. That said, it is common for first-time entrepreneurs to overlook certain aspects of business operations, leading to unwanted consequences for their business.
The scope of the COVID-19 crisis caught us all by surprise. The impact has been felt by workers in companies of all sizes, in all industries. Globally, an estimated 300 million full-time jobs have been lost since COVID-19 struck.
Want to register a business in the Philippines without leaving home? Due to COVID-19, registering a business remotely is becoming popular. To help you get a headstart, this article will discuss the step-by-step process of remote business registration in the Philippines.
The Philippines is known as one of the fastest-growing economies in the ASEAN region, which attracts foreign investors and workers to come into the country to expand their skills and their businesses.
Many businesses struggle as the COVID-19 pandemic persists, pushing them to realign their strategies to mitigate the pandemic’s adverse effects, while others are forced to close for the foreseeable future.
The ongoing COVID-19 pandemic has forced many businesses to adopt work from home arrangements on a wide scale. Since the crisis began, the percentage of remote workers doubled, from 31% to 62%.
The COVID-19 pandemic has taken a huge toll on companies of varied sizes in the Philippines. The struggle of remaining afloat and managing cashflows is now of utmost importance to battle the pandemic’s crippling effects.
For years, the business world has never faced a challenge of this intensity. COVID-19 has disrupted virtually every industry across the globe. In addition to the tragic human cost, the United Nations estimates the pandemic will cost the world economy US$1 trillion in 2020.
Every manager wants an enthusiastic and engaged workforce. Not only are motivated employees easier to lead, they also have higher levels of productivity and profitability. But how do you lead and motivate your staff in the middle of a global pandemic?
The COVID-19 Adjustment Measures Program (CAMP) is a one-time financial assistance of P5,000 from the Department of Labor and Employment (DOLE) for private-sector workers who had salary deductions or temporary suspensions during the Enhanced Community Quarantine (ECQ) period in the Philippines due to the COVID-19 pandemic.
Starting a business is easier said than done. You have to consider a lot of things before you establish your company. But above all else, the first question you need to answer is “How will I fund my business?”
On February 20, 2019, the government passed the Revised Corporation Code (RCC) of the Philippines (Republic Act 11232). The revisions aim to make it easier to register and maintain a business in the country. Chief among its reforms is the creation of the One Person Corporation (OPC) and the establishment of corporate perpetuity.