how to register a business in the Philippines

BOI updates reporting requirements for registered corporations 2

11 Sep: BOI updates reporting requirements for registered corporations

Imagine the amount of work required from corporations having to submit a plethora of documents to fulfill the government’s reporting requirements. This same effort and time be spent by the company on other gainful engagements instead of completing reports. These documents are purportedly not even guaranteed to be reviewed religiously and are usually accomplished for compliance only – which further dilutes the report’s purpose.