Philippines - Corporation
(fees quoted are exclusive of VAT)
Requirements:
- All Philippine companies must have a registered office in the
Philippines.
- A minimum of one director is required. It is advisable for
this individual to be local.
- Foreigners may not own more than 49.9% of a Philippines company.
This can effectively be overcome by the use of local nominee shareholders.
Accounts must be filed annually.
- Readymade companies are not available. Formation takes approximately
1-2 months.
- Minimum share capital of PHP500 (approximately £50).
100% must be paid up.
| Fees |
Incorporation |
TBC |
Domiciliary fee |
TBC |
Accounting and Tax Registration
|
TBC |
| Annual costs thereafter: |
| Domiciliary fee |
TBC |
| Other Services |
| Accounting and taxation.
Time costs, with minimum charge of |
TBC |
Additional charges apply for courier and notarisation / apostille.
Maintenance Services, fees will be charged for additional services
on a time-spent basis.
PLEASE NOTE WE REQUIRE ALL CLIENTS TO SATISFACTORILY COMPLETE OUR
DUE DILIGENCE REQUIREMENTS AND COMPLY WITH THE MONEY LAUNDERING REGULATIONS 2007. |