Home

      Doing Business in the Philippines

 

Doing Business in the Philippines:

  Types of Business
  Business Requirements
  Registration Procedure
  Cost of Doing Business

 
 
1. Cost of Getting Started
 
Registration Fees
  1. Corporations and Partnerships (Securities and Exchange Commission)
2. Incentives Availment (Board of Investments)
3. Business Name Registration-Single Proprietorships (Bureau of Trade
4. Regulation and Consumer Protection, DTI)
5. Clark Development Corporation One-Time Fees
6. Philippine Economic Zone Authority
Tax Rates
  1. Corporate Income Tax
2. Income Tax Rates as Passive Income of Domestic / Resident Corporation
3. New Taxes for Corporations under the Tax Reform Act of 1997
4. Preferential Income Tax Rates for Non-Resident Corporations
5. Individual Taxation
6. Value Added Tax
7. Stock Transaction Tax
8. Percentage Tax
9. Income Tax Rate for Special Corporation
Cost of Land and Rental Rates
 
2. Manpower Resources
 
- Hours of Work
- Work Day
- Minimum Wage (Manufacturing Sector)
- Fringe Benefits
- Overtime Renumeration
- Night-Shift Differential Pay
- Service Incentive Leave
- Meal and Rest Periods
- Salaries & Wages
- Mandatory Employment Contribution
  - 13th Month Pay
- Social Security System
- Philhealth
- Home Development & Mutual Fund
 
3. Utilities
 
- Electricity Rates
- Water Rates
- Sewerage Treatment
- Gas and Fuel Costs
- Telecommunication Rates
- Internet Service Fees
 
4. Transportation Cost
 
- Ocean Freight Rates
- Freight Rates of Domestic Vessels for Export Cargoes
- Freight Rates for Containerized Cargoes of Local Origin / Destination
- Freight Rates for Containerized Cargoes for Selected Results
- Mailing Rates
- Courier Rates (Nationwide, Door-to-Door)
 
 
5. Cost of Living
 
- Accommodation
- Hotel and Lodging
- Education
- Domestic Help
- Restaurants / Fastfoods
- Public Transport
- Air Transport (Business Class)
- Air Transport (Economy Class)
- Cost of Selected Consumer Items
- Shopping in Manila
- Golf Club Membership
- Health Care