Company Incorporation Made Easy
Domestic Incorporation
All information on this page is meant for Filipinos who wants to register their business with SEC or DTI. All company structures mentioned here cannot have more than 40% foreign shareholders. If the planned company will have foreign ownership of more than 40%, please refer to our Foreign-owned Company Incorporation page.
Learn MoreAvailable company structures for Filipino businesses
Domestic Corporation
This is the most common company structure for businesses. The key benefit of Domestic Corporation is that it limits the exposure / risk of the shareholder to the equivalent investment he/she made into the company only.
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One Person Company (OPC)
This provides the shareholder similar protection as domestic corporation and the main difference is that a OPC only requires 1 incorporator.
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Sole Trader
This type of business registration are mainly used by smaller businesses. The downside of this business structure is that should something bad happen to the business, the liability is not limited to the business only. The owner personal assets will also be at stake.
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Key Differences about each of the Company Structure
Domestic Corporation | One Person Company (OPC) | Sole Trader |
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Allows up to 40% Foreign ownership | |||
Allows up to 40% Foreign ownership | |||
Minimum Incorporator | |||
Minimum Incorporator | 1 | 1 | 1 |
Corporate Officers | |||
Corporate Officers | Minimum of 3 — President can be a Filipino or Foreigner, Corporate Treasurer must be a Resident of the Philippines, Corporate Secretary must be a Filipino | ||
Minimum Paid Up Capital that needs to be remitted during the Company Set Up Process | |||
Minimum Paid Up Capital that needs to be remitted during the Company Set Up Process | PHP10,000 | PHP10,000 | PHP10,000 |
Allowed to generate revenue from the Philippines | |||
Allowed to generate revenue from the Philippines | |||
Liability | |||
Liability | Limited to the amount invested in the Company | Limited to the amount invested in the Company | Unlimited — Personal asset may be at stake |
Registration Processing Time | |||
Registration Processing Time | Within 35 days | ||
More Info?
Select the Business Structure that suits you below to find out further details, costing, requirements and time line for it.
Domestic Corporation One Person Company (OPC) Sole TraderNeed Some Help?
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