Starting a business in the Philippines is only the first step of many in its continuous operations. The Securities and Exchange Commission (SEC) requires regular monitoring and reporting of your company’s yearly activities, while the Bureau of Internal Revenue (BIR) and local government units mandate periodic renewals of licenses and certificates.
For multinational and foreign-owned corporations, these compliance requirements can significantly slow down business operations. Beyond tax compliance—which demands monthly, quarterly, and annual reporting—you must also file meeting minutes, board resolutions, general information sheets, and various other documents with the SEC. Additionally, business permits must be renewed annually (typically in January), regardless of when your permit was originally filed.
Business Explore PH relieves your company of the burden of worrying about corporate compliance. Our legal and support services ensure that all compliance requirements are met on time, allowing you to concentrate on growing your business.