How to Register a Corporation in the Philippines Today
Starting a business entity in the Philippines is an essential milestone for any business owner. Whether you are a Filipino founder or a international investor, the initial goal is to register a corporation Philippines correctly to ensure compliance. With the recent updates to the SEC guidelines, the procedure has become more streamlined through online portals like eSPARC.Step 1: Securing Your Corporate Name
The first step is to decide on a unique business name. You must check for its availability via the Securities and Exchange Commission (SEC) online system. Check that your chosen name is not resemble existing registrations. Once approved, you can hold the name for 30 to 90 days by paying a small reservation fee.
Phase 2: Drafting Your Articles of Incorporation
Prior to register a corporation Philippines, you must define your capitalization and leadership.
Incorporators: You need a minimum of 2 but not more than fifteen incorporators. Note that a One Person Corporation (OPC) is also an option for individual entrepreneurs.
Authorized Capital: For typical domestic corporations, there is no minimum paid-up capital demanded by the SEC, except for specialized industries like banking.
Management: You must designate a President, a Corporate Secretary (who is a local resident), and a Treasurer (resident in the Philippines).
Step 3: Digital Filing via eSPARC
In 2026, the vast majority of the application is completed online. Through the eSPARC system, you will upload your Articles of Incorporation, By-laws, and supplementary documents. This platform facilitates the Regular processing track, which can issue a provisional approval in a single business days if all information is correct.
Step 4: Post-SEC Requirements
Obtaining your SEC Certificate is the primary register a corporation philippines step. To legally operate and register a corporation Philippines successfully, you must move forward with the following:
Local Permit: Obtain this from the specific district where your office is situated.
LGU License: Apply for this at the City Hall. This needs a lease contract and sanitary permit.
BIR Registration: Go to the Bureau of Internal Revenue (BIR) to get your Tax Identification Number (TIN), apply for register a corporation philippines your books of accounts, and secure authority to print official receipts.
Step 5: Government Social Agencies
Once your corporation starts hiring people, you must to register register a corporation philippines with social agencies including the Social Security System (SSS), PhilHealth, and Pag-IBIG. This ensures your workers register a corporation philippines receive legal benefits and safeguards the company from legal issues.
Conclusion
Managing the steps to register a corporation register a corporation philippines Philippines needs patience and accuracy. While the digital shift has simplified the task, many owners still prefer to consult consultants to avoid delays. Following these guidelines, you can establish a solid foundation for your venture in the vibrant Philippine economy.