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.

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Available 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
  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 Trader
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