Establishing a business structure in the Philippines is a major milestone for any investor. Whether you are a Filipino founder or a foreign investor, the initial goal is to register a corporation Philippines legally to ensure compliance. With the modern updates to the government systems, the process has become digitalized through electronic systems like eSPARC.
Step 1: Securing Your Corporate Name
The first step is to select a unique business name. You must verify for its availability via the Securities and Exchange Commission (SEC) online system. Ensure your chosen name is not conflict with existing entities. Once cleared, you can reserve the name for a specific period by paying a nominal reservation fee.
Step 2: Drafting Your Corporate Structure
When you register a corporation Philippines, you need to define your share structure and management.
Incorporators: You need at least 2 but not more than fifteen incorporators. Interestingly, a One Person Corporation (OPC) is now an option for solo entrepreneurs.
Authorized Capital: For most domestic corporations, there is no specific paid-up capital demanded by the SEC, unless specialized industries like finance.
Management: You must select a President, a register a corporation philippines Corporate Secretary (who must be a Filipino citizen), and a Treasurer (based locally).
Phase 3: Digital Filing register a corporation philippines via eSPARC
In 2026, the vast majority of the application is completed online. Through the SEC system, you will upload your Articles of Incorporation, By-laws, and other documents. The system facilitates the OneSEC processing pathway, which often issue a provisional approval in a few business day if all information is accurate.
Step 4: Post-SEC Registrations
Obtaining your SEC Certificate is just the first part. To register a corporation philippines fully operate and register a corporation Philippines successfully, you must proceed with the following:
Barangay Clearance: Acquire this from the specific district where your office is situated.
LGU License: File for this at the City Hall. This needs a proof of address and sanitary permit.
BIR Registration: Visit the Bureau of Internal Revenue (BIR) to obtain your Tax Identification Number (TIN), apply for your books of accounts, and secure authority to print official receipts.
Phase 5: Government Contributions
When the corporation starts employing staff, you are required to register with government institutions including the Social Security System (SSS), PhilHealth, and Pag-IBIG. This ensures your employees receive mandatory register a corporation philippines benefits and protects the company from legal issues.
Final Thoughts
Navigating the process to register a corporation Philippines demands patience and attention to detail. While the online shift has simplified the task, many owners still choose to hire professionals to prevent register a corporation philippines delays. Following these steps, you can establish a strong foundation for your business in the vibrant Philippine economy.