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E-Commerce Registration Services in the Philippines for Local and Foreign Enterprises
When establishing an e-commerce business in the Philippines, we help clients achieve a seamless company formation process through end-to-end assistance in business registration and corporate compliance services.
The E-Commerce Industry in the Philippines
The e-commerce industry in the Philippines has seen consistent growth over the years. In 2020, the sector garnered approximately US$3.5 billion in revenue from business-to-consumer and online selling transactions. With an estimated 76 million active online users per year, the Philippines is an attractive investment market for e-commerce businesses.
The Philippines also introduced innovative ways to spur online purchasing across its consuming public. Despite its low number of credit card owners compared to its neighboring countries, public and private companies provided an e-wallet system that allows holders to own a digital wallet account with only a phone number or email address.
Through such measures, consumers can easily purchase products online without acquiring credit cards from local banks. Companies such as G-Cash and PayMaya are a few examples of widely used digital wallet services in the Philippines.
Types of Business Entities for E-Commerce
Before starting an e-commerce business in the Philippines, you must decide on an appropriate business entity that caters to your business needs. There are three types of business entities investors can choose from:
- Corporation (Domestic Corporation, One Person Corporation or Foreign Corporation)
- Partnership (General Partnership or Limited Partnership)
- Sole Proprietorship (Filipino-owned or Foreign-owned)
How to Register an E-Commerce Business in the Philippines
To help you, we provide a step-by-step guide on the business registration process in the Philippines:
For Partnerships and Corporations:
- Register your business name with SEC personally through their office or register online through SEC’s Company Registration System (CRS) page
- Prepare your documents for submission to SEC
- Secure the following from the Local Government Unit (LGU) of your business address:
- Barangay Clearance
- Mayor’s Permit (or Business Permit)
- Process your corporate tax number with the Bureau of Internal Revenue (BIR)
- Register as an employer with the following government agencies:
- Social Security System (SSS)
- Philippine Health Insurance Corporation (PhilHealth)
- Home Development Mutual Fund (Pag-IBIG Fund)
For Sole Proprietorships:
- Register a business name with DTI to acquire a DTI Certificate of Registration
- Register and secure the following permits with the LGU of your business address:
- Barangay Certificate of Business Registration
- Mayor’s Permit
- Register with BIR to acquire a Certificate of Registration.
Start Your Next E-Commerce Business in the Philippines
With a large number of online consumers along with strong government support for business digitization, the Philippines provides many opportunities to local and foreign entrepreneurs who wish to start an e-commerce company in the ASEAN market.