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To start your business in the Philippines you must do the following

1.Register your company in SEC (security and exchange commission Its always 60% Filipino 40% foreigner , it should be 5 persons in the corporation and they all should have TIN NUMBER( Tax Identification Number).

2. Apply for mayor permit or city permit It depend on the city you wish to operate your business.

3. Apply for the BIR permit (Bureau of internal revenue. After Mayor permit turn for BIR which will cost you like P500 to register

Post Author: wethebest

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