Looking to start a business in the Philippines? Whether you’re a local entrepreneur or a foreign investor, understanding the business registration process in the Philippines is crucial to launching successfully and staying compliant with local laws.
In this guide, we break down the steps, legal requirements, and helpful tips to ensure your business setup is smooth and hassle-free.
Why Register Your Business in the Philippines?
The Philippines is one of Southeast Asia’s most promising markets for startups and global businesses. With a booming consumer base, strategic location, and supportive government policies, registering your business here unlocks a wide range of benefits—from access to capital to legal protection and market credibility.
Step-by-Step Guide to Business Registration in the Philippines
Step 1: Choose Your Business Structure
Before registering, decide what type of business you’re setting up. Common legal structures in the Philippines include:
- Sole Proprietorship
- Partnership
- Corporation (Domestic or Foreign-Owned)
- One Person Corporation (OPC) – ideal for solo entrepreneursoose Your Business Structure
Step 2: Register Your Business Name
- For sole proprietorships, register with the Department of Trade and Industry (DTI)
- For partnerships and corporations, register with the Securities and Exchange Commission (SEC)
You’ll need to check for name availability and reserve your chosen business name.
Step 3: Secure Barangay Clearance
Apply for a Barangay Clearance from the local Barangay Hall where your business will operate. This is a community-level requirement and is necessary for the next steps.
Step 4: Get Your Business Permit from the City or Municipality
Head to your City or Municipal Hall to apply for a Mayor’s Permit or Business Permit. Prepare the following:
- DTI/SEC certificate
- Barangay clearance
- Lease contract or proof of business address
- Occupancy permit
- Fire safety inspection certificate
Step 5: Register with the Bureau of Internal Revenue (BIR)
The BIR registration is a critical step to comply with tax laws. You’ll need to:
- Get a TIN (Tax Identification Number)
- Register your books of accounts
- Apply for Authority to Print (ATP) receipts and invoices
File for a Certificate of Registration (COR) or BIR Form 2303
Step 6: Register with Government Agencies (as needed)
Depending on your type of business and number of employees, you may also need to register with:
- SSS (Social Security System)
- PhilHealth
- Pag-IBIG Fund
DOLE (Department of Labor and Employment) – for businesses with more than 5 employees
Can Foreigners Register a Business in the Philippines?
Yes, but there are equity ownership limits depending on the industry. Fully foreign-owned corporations are allowed in specific sectors under the Foreign Investment Negative List. You’ll also need:
- An Investor’s Visa or Special Resident Retiree’s Visa (SRRV)
A minimum paid-up capital (commonly USD 200,000 for fully foreign-owned corporations)
How Long Does It Take to Register a Business?
The process typically takes 2 to 4 weeks, depending on the business structure, documentation, and location.
Partner with Local Experts
At Philippine Hub Partners, we provide end-to-end support for business registration, investment consultancy, and market entry services. From navigating regulations to setting up your operations, our team ensures your launch is fast, legal, and stress-free.
Start Your Business in the Philippines Today
Whether you’re launching a startup, a franchise, or a new branch office, the Philippines offers vast opportunities for growth. Follow the right steps—and partner with the right team—to ensure your success from day one.
Contact Philippine Hub Partners for tailored assistance and expert guidance on your journey to doing business in the Philippines.
