Starting a business entity in the Philippines is a significant milestone for any investor. Whether you are a local founder or a foreign investor, the initial goal is to register a corporation Philippines legally to ensure operational legality. With the latest updates to the SEC guidelines, the process has become faster through online portals like eSPARC.
Phase 1: Choosing Your Corporate Name
The beginning of the process is to select a unique business name. You must verify for its availability via the Securities and Exchange Commission (SEC) online system. Ensure your chosen name is not conflict with existing registrations. Once cleared, you can reserve the name for a specific period by paying a small reservation fee.
Phase 2: Structuring Your Articles of Incorporation
Prior to register a corporation Philippines, you need to define your share structure and leadership.
Founders: You need at least 2 but not more than fifteen incorporators. Note that a One Person Corporation (OPC) is now an option for solo entrepreneurs.
Capital Requirements: For most domestic corporations, there is no minimum paid-up capital demanded by the SEC, except for regulated industries like finance.
Key Officers: You must appoint a President, a Corporate Secretary (who is a local resident), and a Treasurer (based locally).
Step 3: Online Submission via eSPARC
In 2026, the entirety of the application is processed online. Through the SEC system, you will submit your Articles of Incorporation, By-laws, and required documents. This platform enables the Regular processing track, which can issue a provisional approval within a few business days if all data is correct.
Step 4: Post-SEC Requirements
Getting your SEC Certificate is only the beginning. To legally operate and register a corporation Philippines completely, you must move forward with the following:
Local Permit: Obtain register a corporation philippines this from the specific district where your office is located.
Mayor’s or Business Permit: Apply for this at the Municipal Hall. This needs a lease contract and fire safety inspection.
Tax Compliance: Visit the Bureau of Internal Revenue (BIR) to get your Tax Identification Number (TIN), register your books of accounts, and get authority to print invoices.
Step 5: Employer Social Agencies
When the corporation starts hiring staff, you must to register with government institutions including the Social Security System (SSS), PhilHealth, and Pag-IBIG. register a corporation philippines This ensures your employees receive mandatory benefits and safeguards the company from penalties.
Final Thoughts
Completing the process to register a corporation Philippines requires patience and register a corporation philippines attention to detail. While the online transition has made things easier, many businesses still choose register a corporation philippines to hire consultants to prevent common mistakes. By following these guidelines, you can build a strong register a corporation philippines foundation for your enterprise in the vibrant Philippine economy.