philippines – News & Insights

Personal Income Tax Rate of the Philippines in 2023

January 12, 2023January 12, 2023 - by vOffice

The Philippines has a progressive personal income tax rate, which ranges from 5% to 35%. The specific rate depends on the individual’s annual taxable income. The current tax schedule for …

Doing Business in the Philippines

Why you should expand your business into the Philippines in 2023?

January 12, 2023January 12, 2023 - by vOffice

The Philippines has been experiencing steady economic growth in recent years, driven by a combination of factors including government policies, a growing population, and an expanding middle class. One of …