For clients that want to do business in the Philippines, we assist in determining the appropriate and tax-efficient operating business or investment vehicle and structure to address the objectives of the investor, as well as related incorporation issues.

Assistance for Availment of Incentives

We help clients evaluate their qualification for incentives under the Board of Investments, the Philippine Economic Zone Authority, or other special laws. If clients are qualified, we assist them in applying with the concerned government agency for such incentives. Our assistance covers filing of applications and supporting documents, monitoring the progress of such applications, meeting and discussing issues, if any, with regulatory authorities, and securing approval for such incentives.

At clients’ request, we may also assist in ascertaining their compliance with regulatory requirements to ensure their continued entitlement to incentives, or in justifying entitlement to such incentives in the event of a challenge by the BIR or other regulatory agencies.

Corporate Organization and registration

For clients that want to do business in the Philippines, we assist in determining the appropriate and tax-efficient operating business or investment vehicle and structure to address the objectives of the investor, as well as related incorporation issues. We help set up the business and register it with concerned government regulatory agencies, such as the Securities and Exchange Commission, the Bureau of Internal Revenue, Local Government Units, the Social Security System, the Philippine Health Insurance Corporation, the Home Development Mutual Fund, and the Bangko Sentral ng Pilipinas. We also assist in notifying and/or securing necessary approvals from government regulatory agencies when there are changes in business activities, business status, or tax-type registration.

Corporate restructuring

We render advisory services and assistance in implementing and obtaining required government approvals for clients that plan to undergo various types of corporate restructuring arrangements, such as increase or decrease in capital stock, conversion of debt to equity, equity restructuring, conversion of shares, quasi-reorganization, dividend declaration or profit repatriation, or any other amendments to a company’s Articles of Incorporation and/or By-Laws.

We also assist in analyzing, implementing, and securing required government approvals for mergers and consolidation, spin-offs of business units, and tax-free exchanges.

Dissolution

Companies planning to cease business operations in the Philippines need to comply with various government requirements. We assist in securing the approval of dissolution of domestic corporations or the withdrawal of licenses of foreign corporations doing busines in the Philippines from the SEC. Likewise, we obtain tax clearance from the BIR and certificate of business retirement with the city or municipality where a company is registered and subsequently notify other concerned government agencies on the dissolution of the Company.

Our team also renders advisory services with respect to tax and other implications of the liquidation of corporate assets and repatriation of capital, dividends, or profits.

Local tax registration

We help clients register their business with the city or municipality (LGU) where the business will be located, including the yearly renewal of Business/Mayor’s permit/licenses and payment of local taxes. For clients transferring their business operations to another LGU, we offer assistance in retiring their business with the LGU having jurisdiction over their former business address, and in registering with the LGU having jurisdiction over their new business address. For clients who cease business operations, we assist in the filing of an application to retire the business and in securing the corresponding approval from the LGU concerned.