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little as ₱5,000.
FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
LIST OF TAXES IN THE PHILIPPINES FOR LOCAL AND FOREIGN Guide on the Complete List of Taxes in the Philippines for Local and Foreign Businesses. In the Philippines, registered corporations are required to file taxes to two government bodies: 1) the Bureau of Internal Revenue (BIR) or the national taxation authority; and 2) the local government unit (LGU) where their business is located. INTERNATIONAL TRAVEL GUIDELINES IN THE PHILIPPINES (AS OF Updated International Travel Guidelines for Foreign Nationals Arriving to the Philippines. The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) issued Resolution No. 98 on February 4 to prescribe the list of foreign nationals allowed to enter the Philippines starting February 16. Two weeks after, on February 18, the agency issued Resolution No. 100 to GUIDE ON HOW TO REGISTER A BUSINESS IN THE PHILIPPINES 2021 Steps on How to Register a One Person Corporation in the Philippines. All applicants for registering an OPC must be filed manually with SEC’s Company Registration and Monitoring Department (CRMD). Reserve and submit your proposed company name. SEC EXTENDS DEADLINE ON SUBMISSION OF MANDATORY DISCLOSURE The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.. ONLINE FILING. Online filing and submission of the MDF shall immediately be acted upon by the Non-Stock Corporations who are yet to submit hard copies of their MDF. STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
LIST OF TAXES IN THE PHILIPPINES FOR LOCAL AND FOREIGN Guide on the Complete List of Taxes in the Philippines for Local and Foreign Businesses. In the Philippines, registered corporations are required to file taxes to two government bodies: 1) the Bureau of Internal Revenue (BIR) or the national taxation authority; and 2) the local government unit (LGU) where their business is located. INTERNATIONAL TRAVEL GUIDELINES IN THE PHILIPPINES (AS OF Updated International Travel Guidelines for Foreign Nationals Arriving to the Philippines. The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) issued Resolution No. 98 on February 4 to prescribe the list of foreign nationals allowed to enter the Philippines starting February 16. Two weeks after, on February 18, the agency issued Resolution No. 100 to GUIDE ON HOW TO REGISTER A BUSINESS IN THE PHILIPPINES 2021 Steps on How to Register a One Person Corporation in the Philippines. All applicants for registering an OPC must be filed manually with SEC’s Company Registration and Monitoring Department (CRMD). Reserve and submit your proposed company name. SEC EXTENDS DEADLINE ON SUBMISSION OF MANDATORY DISCLOSURE The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.. ONLINE FILING. Online filing and submission of the MDF shall immediately be acted upon by the Non-Stock Corporations who are yet to submit hard copies of their MDF. STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OF SEC Releases Guidelines for Mandatory Disclosure of Beneficial Ownership of Registered Corporations in the Philippines. In an effort to further combat money laundering and terrorist financing activities in the Philippines, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 01-2021, otherwise known as the Beneficial Ownership Transparency Guidelines. INTERNATIONAL TRAVEL GUIDELINES IN THE PHILIPPINES (AS OF Updated International Travel Guidelines for Foreign Nationals Arriving to the Philippines. The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) issued Resolution No. 98 on February 4 to prescribe the list of foreign nationals allowed to enter the Philippines starting February 16. Two weeks after, on February 18, the agency issued Resolution No. 100 to MARKET ENTRY SERVICES AND STRATEGY FOR THE PHILIPPINES Market Entry in the Philippines. The K&C lawyers and business consultants assist foreign companies and investors who are interested in entering the Philippine market GUIDE ON HOW TO REGISTER A BUSINESS IN THE PHILIPPINES 2021 Minimum Capital Requirements. Filipino-owned OPCs have a minimum capital requirement of ₱5,000 or US$100.Foreign-owned OPCs, specifically those where more than 60% of revenue is from foreign sources, also have a minimum capital requirement of ₱5,000 or US$100.Conversely, foreign-owned OPCs where 60% of revenue is from domestic sources have a minimum capital requirement of REGISTER NON-PROFIT OR NON-STOCK COMPANY PHILIPPINES Register Non-Profit or Non-Stock Company in the Philippines. Non-stock corporations or foundations in the Philippines may be formed for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes, such as trade, industry, agricultural and like chambers, or any combinationthereof.
A COMPLETE GUIDE TO WORK PERMIT APPLICATION IN THE PHILIPPINES A Complete Guide to Acquiring a Work Permit in the Philippines for Foreign Nationals. The Philippines is known as one of the fastest-growing economies in the ASEAN region, which attracts foreign investors and workers to come into the country to expand their skills and their businesses. PEZA ISSUES REQUIREMENTS ON TRAVEL BAN EXEMPTION FOR The Department of Foreign Affairs (DFA), via Foreign Service Circular (FSC) No. 29-2020 released on March 9, 2020, issued a temporary travel ban upon suspension of visa issuances due to the implemented safety measures against COVID-19. However, foreign nationals may be exempted from the travel ban depending on the case. Travel ban exemption may DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. HEADHUNTING AND RECRUITMENT SERVICES FIRM IN THE PHILIPPINESWHAT IS THE USUAL RECRUITMENT PROCESS IN THE PHILIPPINES?THE USUAL RECRUITMENT PROCESS IN THE PHILIPPINES INVOLVES SIX STEPS: 1) DISCUSS TALENT REQUIREMENTS; 2) SOURCE CANDIDATES; 3) RECRUITER INTERVIEWS...HOW LONG DOES THE RECRUITMENT PROCESS IN THE PHILIPPINES USUALLY TAKE?DEPENDING ON THE COMPLEXITY OF THE ROLE AND AVAILABILITY OF TALENT IN THE JOB MARKET, THE RECRUITMENT PROCESS CAN LAST FROM 30-45 BUSINESS DAYS.WHAT ARE THE RECRUITMENT PROCESSING REQUIREMENTS?TO AVAIL RECRUITMENT SERVICES IN THE PHILIPPINES, YOU NEED TO SUBMIT THE FOLLOWING REQUIREMENTS: 1) GOVERNMENT REGISTRATION CERTIFICATES (SEC REGIS... Recruitment Services Firm in Metro Manila, Philippines. K&C Recruitment has experienced Recruiters and Headhunters providing Recruitment and Talent Acquisition Services to startups, scaleups, and multinational companies in the Philippines in need of skilled local and foreign talent. Our Recruiters and Headhunters are experienced in sourcing and placing candidates for various positions in SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
LIST OF TAXES IN THE PHILIPPINES FOR LOCAL AND FOREIGN Guide on the Complete List of Taxes in the Philippines for Local and Foreign Businesses. In the Philippines, registered corporations are required to file taxes to two government bodies: 1) the Bureau of Internal Revenue (BIR) or the national taxation authority; and 2) the local government unit (LGU) where their business is located. FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. COMPLIANCE TO LABOR LAWS AND PROTECTING EMPLOYEES IN THE Issuance of Pay Slips: Encouraging Employer Compliance to Labor Laws and Protecting Employees in the Philippines. Payslips are some of the most easily neglected documents by employees and employers despite the critical information contained within the document and the document’s significance in clarifying concerns on compensation andbenefits.
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. HEADHUNTING AND RECRUITMENT SERVICES FIRM IN THE PHILIPPINESWHAT IS THE USUAL RECRUITMENT PROCESS IN THE PHILIPPINES?THE USUAL RECRUITMENT PROCESS IN THE PHILIPPINES INVOLVES SIX STEPS: 1) DISCUSS TALENT REQUIREMENTS; 2) SOURCE CANDIDATES; 3) RECRUITER INTERVIEWS...HOW LONG DOES THE RECRUITMENT PROCESS IN THE PHILIPPINES USUALLY TAKE?DEPENDING ON THE COMPLEXITY OF THE ROLE AND AVAILABILITY OF TALENT IN THE JOB MARKET, THE RECRUITMENT PROCESS CAN LAST FROM 30-45 BUSINESS DAYS.WHAT ARE THE RECRUITMENT PROCESSING REQUIREMENTS?TO AVAIL RECRUITMENT SERVICES IN THE PHILIPPINES, YOU NEED TO SUBMIT THE FOLLOWING REQUIREMENTS: 1) GOVERNMENT REGISTRATION CERTIFICATES (SEC REGIS... Recruitment Services Firm in Metro Manila, Philippines. K&C Recruitment has experienced Recruiters and Headhunters providing Recruitment and Talent Acquisition Services to startups, scaleups, and multinational companies in the Philippines in need of skilled local and foreign talent. Our Recruiters and Headhunters are experienced in sourcing and placing candidates for various positions in SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
LIST OF TAXES IN THE PHILIPPINES FOR LOCAL AND FOREIGN Guide on the Complete List of Taxes in the Philippines for Local and Foreign Businesses. In the Philippines, registered corporations are required to file taxes to two government bodies: 1) the Bureau of Internal Revenue (BIR) or the national taxation authority; and 2) the local government unit (LGU) where their business is located. FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. COMPLIANCE TO LABOR LAWS AND PROTECTING EMPLOYEES IN THE Issuance of Pay Slips: Encouraging Employer Compliance to Labor Laws and Protecting Employees in the Philippines. Payslips are some of the most easily neglected documents by employees and employers despite the critical information contained within the document and the document’s significance in clarifying concerns on compensation andbenefits.
HEADHUNTING AND RECRUITMENT SERVICES FIRM IN THE PHILIPPINES Why Engage with our Recruitment Services Competitive Rates. Many recruitment firms in the Philippines charge as high as 25% of an employee’s gross annual salary, and this rate is usually higher for specialized and hard-to-find positions in the industries of IT, Software Engineering, and Biotechnology. LAND OWNERSHIP AND PROPERTY ACQUISITION IN THE PHILIPPINES Land Ownership and Property Acquisition in the Philippines for Foreigners and Former Filipino Citizens. In general, only Filipino citizens and corporations or partnerships with least 60% of the shares are owned by Filipinos are entitled to own or acquire land in the Philippines. Foreigners or non-Philippine nationals may, however,purchase
SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OF SEC Releases Guidelines for Mandatory Disclosure of Beneficial Ownership of Registered Corporations in the Philippines. In an effort to further combat money laundering and terrorist financing activities in the Philippines, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 01-2021, otherwise known as the Beneficial Ownership Transparency Guidelines. REGISTER NON-PROFIT OR NON-STOCK COMPANY PHILIPPINES Register Non-Profit or Non-Stock Company in the Philippines. Non-stock corporations or foundations in the Philippines may be formed for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes, such as trade, industry, agricultural and like chambers, or any combinationthereof.
MINING COMPANY BUSINESS REGISTRATION AND REQUIREMENTS Registration for Mining Companies in the Philippines. The mining industry in the Philippines is regulated by the government and subject to foreign equity restrictions because of the Constitutional policy that mineral resources are owned by the State and their exploration, development, utilization, and processing are under its full controland supervision.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. SEC ADOPTS NEW PROCEDURES ON FILING OF AFS AND GIS AFTER The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 18 Series of 2020, has adopted new procedures on accepting reports for Annual Financial Statements (AFS) and General Information Sheet (GIS) throughout the filing period after the Community Quarantine.The measure aims to furnish sufficient protection to personnel working under the WHAT YOU NEED TO KNOW WHEN SETTING UP AN OPC IN THE One of the major provisions in the RCC was the introduction of a new legal entity, the One Person Corporation (OPC). An OPC is a business structure that allows a single person to form a corporation without the need of shareholders or a board of directors. The owner is the sole shareholder, acting director, and president of the corporation. HOW TO REGISTER A ONE PERSON CORPORATION IN THE PHILIPPINES How to Register a One Person Corporation in the Philippines A major provision of Republic Act 11232 or the Revised Corporation Code, a One Person Corporation (OPC) is a new type of corporation with a single stockholder. It offers the full control and authority of a sole proprietorship and the limited liability of a corporation, an ideal setup for aspiring entrepreneurs DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
GUIDE: HOW TO VOTE ON PHILIPPINE ELECTION DAY Be prepared to confirm your identity. Go to your assigned polling precinct from 6 AM to 5 PM. Fall in line in the holding area. Give your name, valid I.D., and precinct number to the Board of Election Inspectors. Vote wisely. Get your ballot, ballot secrecy folder, marker and go to the voting area. Feed your ballot into the vote-counting machine. SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OFSEE MORE ONKITTELSONCARPO.COM
SEC EXTENDS DEADLINE ON SUBMISSION OF MANDATORY DISCLOSURE The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.. ONLINE FILING. Online filing and submission of the MDF shall immediately be acted upon by the Non-Stock Corporations who are yet to submit hard copies of their MDF. A COMPLETE GUIDE TO WORK PERMIT APPLICATION IN THE PHILIPPINESSEE MORE ON KITTELSONCARPO.COM STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
GUIDE: HOW TO VOTE ON PHILIPPINE ELECTION DAY Be prepared to confirm your identity. Go to your assigned polling precinct from 6 AM to 5 PM. Fall in line in the holding area. Give your name, valid I.D., and precinct number to the Board of Election Inspectors. Vote wisely. Get your ballot, ballot secrecy folder, marker and go to the voting area. Feed your ballot into the vote-counting machine. SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OFSEE MORE ONKITTELSONCARPO.COM
SEC EXTENDS DEADLINE ON SUBMISSION OF MANDATORY DISCLOSURE The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.. ONLINE FILING. Online filing and submission of the MDF shall immediately be acted upon by the Non-Stock Corporations who are yet to submit hard copies of their MDF. A COMPLETE GUIDE TO WORK PERMIT APPLICATION IN THE PHILIPPINESSEE MORE ON KITTELSONCARPO.COM STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OF SEC Releases Guidelines for Mandatory Disclosure of Beneficial Ownership of Registered Corporations in the Philippines. In an effort to further combat money laundering and terrorist financing activities in the Philippines, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 01-2021, otherwise known as the Beneficial Ownership Transparency Guidelines. BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
MARKET ENTRY SERVICES AND STRATEGY FOR THE PHILIPPINES Market Entry in the Philippines. The K&C lawyers and business consultants assist foreign companies and investors who are interested in entering the Philippine market A COMPLETE GUIDE TO WORK PERMIT APPLICATION IN THE PHILIPPINES A Complete Guide to Acquiring a Work Permit in the Philippines for Foreign Nationals. The Philippines is known as one of the fastest-growing economies in the ASEAN region, which attracts foreign investors and workers to come into the country to expand their skills and their businesses. SEC ADOPTS NEW PROCEDURES ON FILING OF AFS AND GIS AFTER The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 18 Series of 2020, has adopted new procedures on accepting reports for Annual Financial Statements (AFS) and General Information Sheet (GIS) throughout the filing period after the Community Quarantine.The measure aims to furnish sufficient protection to personnel working under the STEPS ON REPORTING NEW EMPLOYEES TO SSS, PHILHEALTH, PAG An Employer’s Guide to Reporting New Employees to SSS, PhilHealth, Pag-IBIG, and BIR 2021. In the Philippines, private businesses and employers are mandated by law to register their newly-hired employees to appropriate government agencies as part of their onboardingprocess.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. BUSINESS CONSULTING SERVICES IN THE PHILIPPINES Business Consulting Services in the Philippines. We provide Business Consulting services to local and foreign entities seeking to do business in the Philippines. Our business consultants will guide you through every step of the registration process, from market-entry planning to post-registration compliance with relevant governmentagencies .
GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
PHILIPPINE VISA PROCESSING SERVICES FOR FOREIGN NATIONALS The firm’s Immigration Lawyers and Visa Consultants assist both foreign nationals and enterprises comply with Philippine immigration laws, whether their purpose of travel is for employment, tourism, investment, retirement or medical services. We work closely with the Bureau of Immigration and Department of Labor and Employment to secure BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. BUSINESS CONSULTING SERVICES IN THE PHILIPPINES Business Consulting Services in the Philippines. We provide Business Consulting services to local and foreign entities seeking to do business in the Philippines. Our business consultants will guide you through every step of the registration process, from market-entry planning to post-registration compliance with relevant governmentagencies .
GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
PHILIPPINE VISA PROCESSING SERVICES FOR FOREIGN NATIONALS The firm’s Immigration Lawyers and Visa Consultants assist both foreign nationals and enterprises comply with Philippine immigration laws, whether their purpose of travel is for employment, tourism, investment, retirement or medical services. We work closely with the Bureau of Immigration and Department of Labor and Employment to secure BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. HEADHUNTING AND RECRUITMENT SERVICES FIRM IN THE PHILIPPINES Why Engage with our Recruitment Services Competitive Rates. Many recruitment firms in the Philippines charge as high as 25% of an employee’s gross annual salary, and this rate is usually higher for specialized and hard-to-find positions in the industries of IT, Software Engineering, and Biotechnology. FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021 Foreign Direct Investment in the Philippines. According to the 38th Global Investment Trends Monitor, the Philippines gained an increase of 29% of FDIs in comparison to other countries in the ASEAN region. The approved foreign investments in the country reached a total of ₱36.5 billion (US$749 million) in the fourth quarter of 2020. LIST OF TAXES IN THE PHILIPPINES FOR LOCAL AND FOREIGN Guide on the Complete List of Taxes in the Philippines for Local and Foreign Businesses. In the Philippines, registered corporations are required to file taxes to two government bodies: 1) the Bureau of Internal Revenue (BIR) or the national taxation authority; and 2) the local government unit (LGU) where their business is located. LAND OWNERSHIP AND PROPERTY ACQUISITION IN THE PHILIPPINES Land Ownership and Property Acquisition in the Philippines for Foreigners and Former Filipino Citizens. In general, only Filipino citizens and corporations or partnerships with least 60% of the shares are owned by Filipinos are entitled to own or acquire land in the Philippines. Foreigners or non-Philippine nationals may, however,purchase
REGISTER NON-PROFIT OR NON-STOCK COMPANY PHILIPPINES Register Non-Profit or Non-Stock Company in the Philippines. Non-stock corporations or foundations in the Philippines may be formed for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes, such as trade, industry, agricultural and like chambers, or any combinationthereof.
REGISTER A CALL CENTER COMPANY IN THE PHILIPPINES Apart from the general SEC requirements to register or incorporate a company in the Philippines, the SEC requires companies engaging in Call Center operations to submit a “Modus Operandi” or Call Center Mode of Operation. There is no standard SEC form for this. However, we recommend that the Mode of Operation contains the following: The GUIDE: HOW TO VOTE ON PHILIPPINE ELECTION DAY Be prepared to confirm your identity. Go to your assigned polling precinct from 6 AM to 5 PM. Fall in line in the holding area. Give your name, valid I.D., and precinct number to the Board of Election Inspectors. Vote wisely. Get your ballot, ballot secrecy folder, marker and go to the voting area. Feed your ballot into the vote-counting machine. AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. COMPLIANCE TO LABOR LAWS AND PROTECTING EMPLOYEES IN THE Issuance of Pay Slips: Encouraging Employer Compliance to Labor Laws and Protecting Employees in the Philippines. Payslips are some of the most easily neglected documents by employees and employers despite the critical information contained within the document and the document’s significance in clarifying concerns on compensation andbenefits.
BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OFSEE MORE ONKITTELSONCARPO.COM
GUIDE: HOW TO VOTE ON PHILIPPINE ELECTION DAY Be prepared to confirm your identity. Go to your assigned polling precinct from 6 AM to 5 PM. Fall in line in the holding area. Give your name, valid I.D., and precinct number to the Board of Election Inspectors. Vote wisely. Get your ballot, ballot secrecy folder, marker and go to the voting area. Feed your ballot into the vote-counting machine. SEC EXTENDS DEADLINE ON SUBMISSION OF MANDATORY DISCLOSUREFLORIDA MANDATORY DISCLOSURE FORMFLORIDA WAIVER OF MANDATORY DISCLOSURECERTIFICATE OF COMPLIANCE WITH MANDATORY D…FLORIDA MANDATORY DISCLOSURE CHECKLISTFLORIDA SUPREME COURT MANDATORY DISCLOSUREMANDATORY DISCLOSURE IN HEALTHCARE The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.. ONLINE FILING. Online filing and submission of the MDF shall immediately be acted upon by the Non-Stock Corporations who are yet to submit hard copies of their MDF. FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021SEE MORE ONKITTELSONCARPO.COM
SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OFSEE MORE ONKITTELSONCARPO.COM
GUIDE: HOW TO VOTE ON PHILIPPINE ELECTION DAY Be prepared to confirm your identity. Go to your assigned polling precinct from 6 AM to 5 PM. Fall in line in the holding area. Give your name, valid I.D., and precinct number to the Board of Election Inspectors. Vote wisely. Get your ballot, ballot secrecy folder, marker and go to the voting area. Feed your ballot into the vote-counting machine. SEC EXTENDS DEADLINE ON SUBMISSION OF MANDATORY DISCLOSUREFLORIDA MANDATORY DISCLOSURE FORMFLORIDA WAIVER OF MANDATORY DISCLOSURECERTIFICATE OF COMPLIANCE WITH MANDATORY D…FLORIDA MANDATORY DISCLOSURE CHECKLISTFLORIDA SUPREME COURT MANDATORY DISCLOSUREMANDATORY DISCLOSURE IN HEALTHCARE The Securities and Exchange Commission (SEC), in a public notice dated June 2020, has further extended the deadline for submission of the Mandatory Disclosure Form (MDF) for non-stock corporations.. ONLINE FILING. Online filing and submission of the MDF shall immediately be acted upon by the Non-Stock Corporations who are yet to submit hard copies of their MDF. FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
SEC ISSUES GUIDELINES FOR MANDATORY DISCLOSURE OF SEC Releases Guidelines for Mandatory Disclosure of Beneficial Ownership of Registered Corporations in the Philippines. In an effort to further combat money laundering and terrorist financing activities in the Philippines, the Securities and Exchange Commission (SEC) issued SEC Memorandum Circular (MC) No. 01-2021, otherwise known as the Beneficial Ownership Transparency Guidelines. MARKET ENTRY SERVICES AND STRATEGY FOR THE PHILIPPINES Market Entry in the Philippines. The K&C lawyers and business consultants assist foreign companies and investors who are interested in entering the Philippine market SEC ADOPTS NEW PROCEDURES ON FILING OF AFS AND GIS AFTER The Securities and Exchange Commission (SEC), under the SEC Memorandum Circular (MC) No. 18 Series of 2020, has adopted new procedures on accepting reports for Annual Financial Statements (AFS) and General Information Sheet (GIS) throughout the filing period after the Community Quarantine.The measure aims to furnish sufficient protection to personnel working under the FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. WHAT YOU NEED TO KNOW WHEN SETTING UP AN OPC IN THE One of the major provisions in the RCC was the introduction of a new legal entity, the One Person Corporation (OPC). An OPC is a business structure that allows a single person to form a corporation without the need of shareholders or a board of directors. The owner is the sole shareholder, acting director, and president of the corporation. DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
TYPES OF VIRTUAL CURRENCIES USED IN THE PHILIPPINES Types of Virtual Currencies Used in the Philippines: Cryptocurrencies, Blockchain, and Wallets. Virtual currency has the potential to empower millions of unbanked people in the Philippines. Currently, only 22% of Filipinos have a bank account. The main obstacles are a lack of documentation and insufficient funds. AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. BUSINESS CONSULTING SERVICES IN THE PHILIPPINES Business Consulting Services in the Philippines. We provide Business Consulting services to local and foreign entities seeking to do business in the Philippines. Our business consultants will guide you through every step of the registration process, from market-entry planning to post-registration compliance with relevant governmentagencies .
GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
PHILIPPINE VISA PROCESSING SERVICES FOR FOREIGN NATIONALS The firm’s Immigration Lawyers and Visa Consultants assist both foreign nationals and enterprises comply with Philippine immigration laws, whether their purpose of travel is for employment, tourism, investment, retirement or medical services. We work closely with the Bureau of Immigration and Department of Labor and Employment to secure BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. BUSINESS CONSULTING SERVICES IN THE PHILIPPINES Business Consulting Services in the Philippines. We provide Business Consulting services to local and foreign entities seeking to do business in the Philippines. Our business consultants will guide you through every step of the registration process, from market-entry planning to post-registration compliance with relevant governmentagencies .
GUIDE ON APPOINTING CORPORATE SECRETARIES IN THE Guide on Appointing Corporate Secretaries in the Philippines for New Companies 2021. A Corporate Secretary is a “unique” corporate officer. They are neither a member of the Board of Directors nor part of the line management. Considered as the glue that holds the entire organization together, they are responsible for ensuring the company SEC EXTENDS DEADLINE FOR SUBMISSION OF 2020 ANNUAL REPORT The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020. The Commission, on April 6, considered the difficulties of businesses in preparing and finalizing their Audited Financial Statements (AFS) and statutory audits due to the recently-implemented Enhanced Community Quarantine (ECQ). BPO REGISTRATION SERVICES IN THE PHILIPPINES We provide BPO Registration Services to foreign investors and enterprises seeking to set up a Business Process Outsourcing (BPO) company in the Philippines. We provide end-to-end assistance, from discussing the ideal legal entity to register, drafting Articles of Incorporation (AOI) and By-Laws, and bank account opening toapplication for
PHILIPPINE VISA PROCESSING SERVICES FOR FOREIGN NATIONALS The firm’s Immigration Lawyers and Visa Consultants assist both foreign nationals and enterprises comply with Philippine immigration laws, whether their purpose of travel is for employment, tourism, investment, retirement or medical services. We work closely with the Bureau of Immigration and Department of Labor and Employment to secure BRANCH OFFICE REGISTRATION SERVICES IN THE PHILIPPINES The minimum paid-up capital for establishing a Branch Office is US$200,000 but can be reduced to US$100,000 if it will engage in activities involving technology or employ at least fifty (50) employees. If it seeks to be an export-oriented enterprise that exports 60% or more of its gross sales, it can be registered with aslittle as ₱5,000.
FOREIGN INVESTMENT NEGATIVE LIST IN THE PHILIPPINES The Foreign Investment Negative List, or Negative List, is a list of economic sectors where foreign ownership and participation in the Philippines are regulated. It contains two component lists: List A and List B. List A contains areas of investment where foreign ownership is limited by mandate of the Philippine Constitution or by specific laws. DTI TO COMPLETE E-COMMERCE ROADMAP THIS YEAR DTI To Finish E-Commerce Roadmap Within 2020. The Department of Trade and Industry (DTI) is aiming to complete the e-commerce roadmap within this year. The e-commerce roadmap of 2022 is aimed at improving the market access of businesses through digitization and logistics integration. During the online dialogue of the Union of LocalAuthorities
AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. BUSINESS CONSULTING FIRM IN THE PHILIPPINES About Kittelson & Carpo. Kittelson & Carpo is a sudsidiary company of InCorp, a leading consulting firm providing market-entry and corporate compliance services to clients operating in the Philippines and expanding to the Asia-Pacific region. HEADHUNTING AND RECRUITMENT SERVICES FIRM IN THE PHILIPPINES Why Engage with our Recruitment Services Competitive Rates. Many recruitment firms in the Philippines charge as high as 25% of an employee’s gross annual salary, and this rate is usually higher for specialized and hard-to-find positions in the industries of IT, Software Engineering, and Biotechnology. FOREIGN DIRECT INVESTMENTS IN THE PHILIPPINES FOR 2021 Foreign Direct Investment in the Philippines. According to the 38th Global Investment Trends Monitor, the Philippines gained an increase of 29% of FDIs in comparison to other countries in the ASEAN region. The approved foreign investments in the country reached a total of ₱36.5 billion (US$749 million) in the fourth quarter of 2020. LIST OF TAXES IN THE PHILIPPINES FOR LOCAL AND FOREIGN Guide on the Complete List of Taxes in the Philippines for Local and Foreign Businesses. In the Philippines, registered corporations are required to file taxes to two government bodies: 1) the Bureau of Internal Revenue (BIR) or the national taxation authority; and 2) the local government unit (LGU) where their business is located. LAND OWNERSHIP AND PROPERTY ACQUISITION IN THE PHILIPPINES Land Ownership and Property Acquisition in the Philippines for Foreigners and Former Filipino Citizens. In general, only Filipino citizens and corporations or partnerships with least 60% of the shares are owned by Filipinos are entitled to own or acquire land in the Philippines. Foreigners or non-Philippine nationals may, however,purchase
REGISTER NON-PROFIT OR NON-STOCK COMPANY PHILIPPINES Register Non-Profit or Non-Stock Company in the Philippines. Non-stock corporations or foundations in the Philippines may be formed for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or similar purposes, such as trade, industry, agricultural and like chambers, or any combinationthereof.
REGISTER A CALL CENTER COMPANY IN THE PHILIPPINES Apart from the general SEC requirements to register or incorporate a company in the Philippines, the SEC requires companies engaging in Call Center operations to submit a “Modus Operandi” or Call Center Mode of Operation. There is no standard SEC form for this. However, we recommend that the Mode of Operation contains the following: The GUIDE: HOW TO VOTE ON PHILIPPINE ELECTION DAY Be prepared to confirm your identity. Go to your assigned polling precinct from 6 AM to 5 PM. Fall in line in the holding area. Give your name, valid I.D., and precinct number to the Board of Election Inspectors. Vote wisely. Get your ballot, ballot secrecy folder, marker and go to the voting area. Feed your ballot into the vote-counting machine. AQUINO VOWS TO IMPROVE FOREIGN INVESTMENTS IN THE Aquino Vows to Improve Foreign Investments in the Philippines. In his first state of the nation address (SONA) on July 26, 2010, newly elected president Benigno Aquino III vowed to boost foreign investments in the country, fight corruption within the government sector and create job opportunities for the local workforce. COMPLIANCE TO LABOR LAWS AND PROTECTING EMPLOYEES IN THE Issuance of Pay Slips: Encouraging Employer Compliance to Labor Laws and Protecting Employees in the Philippines. Payslips are some of the most easily neglected documents by employees and employers despite the critical information contained within the document and the document’s significance in clarifying concerns on compensation andbenefits.
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Product Registration We will help you acquire a License to Operate (LTO) and Certificate of Product Registration (CPR) from the FDA to import, export or distribute your products in the Philippines
Tax Incentives
We will assist you in choosing a tax-effective structure for your business, determine your eligibility for fiscal and non-fiscal incentives, and aid you in maintaining your enterprise's eligibilityfor incentives
Recruitment
Our Recruiters and Headhunters source candidates for companies looking to fill in vacancies in rank-and-file, middle management, and specialized positions
Executive Search
We have dedicated Executive Search Recruiters and Headhunters who locate and attract top-performing C-level, senior management, and technical executive talent
Payroll
We utilize a cloud-based software to run payroll for companies looking to outsource their payroll processes and remit their government contributions on a timely basis
HR Consulting
We help companies align their salary structures, benefits administration, and HR policies with local regulations and industrystandards
Visa Processing
Our team of Immigration and Visa Specialists will help you obtain the right type of visa you need to enter or visit the Philippines
Regional Expansion
We provide multijurisdictional corporate services to companies looking to expand their operations in other countries in the Asia-Pacific FREE CONSULTATION WITH OUR TEAMS * Business Consultants to discuss registration * HR Consultants to discuss salary structure & HR services * Recruiters to discuss human capital needs * Visa Consultants to discuss visa and work permit options * Certified Payroll Professionals to discuss payroll processing * Real Estate Consultants to discuss office space options Let's Get Started__ Articles, Events, and Advisories Hiring During Covid-19: How to Attract, Recruit, and Select the Best Candidates For Today’s Challenges The scope of the COVID-19 crisis caught us all by surprise. The impact has been felt by workers in companies of all sizes, in all industries. Globally, an estimated 300 million full-time jobs have been lost sinceCOVID-19 struck.
November 11, 2020
How to Register a Company in the Philippines Remotely During theCOVID-19 Pandemic
Following the declaration of community quarantine and travel restrictions, the Philippine government eased the mode of application for local and foreign entrepreneurs seeking to set up a business in the Philippines during the COVID-19 pandemic.October 27, 2020
A Complete Guide to Acquiring a Work Permit in the Philippines forForeign Nationals
The Philippines is known as one of the fastest-growing economies in the ASEAN region, which attracts foreign investors and workers to come into the country to expand their skills and their businesses.October 7, 2020
Our Clients
We have incorporated and registered more than 1,000 multinational and small-and-medium enterprises (SME’s) across multiple industries inthe Philippines.
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SERVICE INTERESTED IN: * Business RegistrationVisa ProcessingRecruitmentPayroll ProcessingHR ConsultingTax ComplianceBookkeepingOffice SpacesProduct Registration/FDA/LTOOthers Please leave this field empty.
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