As the local economy grows, foreign investments continue to expand the livelihood and employment opportunities for many. However, there are still limitations in foreign ownership in the Philippines.

With the profitable potential the Philippines offers, foreign investors start their businesses in the local market by incorporating a new domestic firm or by acquiring a license from the government.

When you’re starting a business in the Philippines, getting your company registered is a must. Acquiring permits and licences ensure your operations are under the legal grounds set by the government.

Starting a business in the Philippines can be a daunting prospect if you have no idea how to get started. It can be difficult especially if you don’t know where to obtain the certificates and licenses you need to operate. 

Starting a business in the Philippines can be a daunting challenge. If you’re a startup owner who’s looking to expand their operations and establish a headquarters in Southeast Asia, the Philippines is a good place to start. 

To encourage more micro, small, and medium enterprises and foreign investment in the Philippines, the Philippine government promulgated the Ease of Doing Business Act in 2018 May 28.