Starting a business entity in the Philippines is a significant milestone for any investor. Whether you are a Filipino founder or a foreign investor, the initial goal is to register a corporation Philippines legally to ensure compliance. With the modern updates to the government systems, the procedure has become more streamlined through electronic systems like eSPARC.
Step 1: Securing Your Corporate Name
The beginning of the process is to select a unique corporate name. You must verify for its availability via the Securities and Exchange Commission (SEC) online system. Make sure your chosen name is not clash with existing entities. Once cleared, you can reserve the name for a specific period by paying a small reservation fee.
Phase 2: Structuring Your Articles of Incorporation
Prior to register a corporation Philippines, you need to define your share structure and leadership.
Founders: You need at least 2 but not more than fifteen directors. Note that a One Person Corporation (OPC) is currently an option for solo entrepreneurs.
Authorized Capital: For most domestic corporations, there is hardly any minimum paid-up capital register a corporation philippines demanded by the SEC, unless specialized industries like insurance.
Key Officers: You must select 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 entirety of the registration process is completed online. Through the eSPARC register a corporation philippines system, you will submit your Articles of Incorporation, By-laws, and supplementary documents. The system enables the OneSEC processing track, which can issue a Digital Certificate of Incorporation in a single business days register a corporation philippines provided all information is correct.
Step 4: Post-SEC Requirements
Getting your Certificate of Incorporation is the primary step. register a corporation philippines To legally operate and register a corporation Philippines completely, you must proceed with the following:
Local Permit: Obtain this from the specific district register a corporation philippines where your office is situated.
LGU License: Apply for this at the Municipal Hall. This needs a lease contract and sanitary permit.
Tax Compliance: Visit the Bureau of Internal Revenue (BIR) to get your Tax Identification Number (TIN), apply for your books of accounts, and secure authority to print official receipts.
Phase 5: Government Contributions
Once your corporation starts employing people, you are required to register with social agencies including the Social Security System (SSS), PhilHealth, and Pag-IBIG. Compliance ensures your employees receive legal benefits and safeguards the entity from penalties.
Final Thoughts
Managing the process to register a corporation Philippines requires patience and accuracy. While the online transition has made things easier, many owners still prefer to hire legal experts to avoid delays. Following these steps, you can establish a solid foundation for your business in the growing Philippine economy.