Moving to a new country can be a stressful time. However, there’s no need for finances to be overwhelming. If you are planning an extended stay in the Philippines, opening an overseas bank account can ease the transition.
Business in the Philippines
Professional employer organizations (PEOs) offer businesses an alternative to in-house HR management. In this co-employment model, a company’s employees are hired by the PEO and then leased to the client.
To boost global competitiveness and attract more local and foreign entrepreneurs, the government of the Philippines passed the Ease of Doing Business Act of 2018 (Republic Act 11032) on May 28, 2018.
International travel has never been more accessible for Filipinos. According to the Global Passport Index, the Philippine passport is stronger than ever, ranking 64th worldwide.
Most people would love to retire in paradise. With its tropical climate, beautiful beaches, and low cost of living, the Philippines is ideal. Forbes named the Philippines one of the best places to retire abroad in 2019.
In 2017, the Philippine information technology-business process outsourcing (IT-BPO) industry grew 12.3 percent and generated US$ 22.1 billion in revenue.
Witnessing the disruption that the Financial Technology (FinTech) community has brought to the banking and finance industries of the world’s largest economies, leading traditional banks in the Philippines…
Utilizing the services of an Employer of Record (EoR) from the Philippines enables a client or company to cost-effectively outsource their tax compliance, human resource management, salary compensation, benefits administration, and payroll processing…
Many companies outsource their back-office, customer support, and technical job functions to third-party providers in the Philippines.
President Rodrigo Duterte vetoed five provisions from the Tax Reform for Acceleration and Inclusion (TRAIN) Act before he signed it into law as Republic Act No. 10963 in December 2017.