Starting a business legal entity in the Philippines is an essential milestone for any entrepreneur. Whether you are a Filipino founder or a international investor, the primary goal is to register a corporation Philippines correctly to ensure protection. With the recent updates to the Revised Corporation Code, the workflow has become faster through online portals like eSPARC.
Phase 1: Securing Your Corporate Name
The beginning of the process is to select a unique business name. You must search for its availability through the Securities and Exchange Commission (SEC) online system. Make sure your chosen name does not clash with existing entities. Once cleared, you can reserve the name for a specific period by paying a small reservation fee.
Phase 2: Structuring Your Corporate Structure
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 directors. Note that a One Person Corporation (OPC) is also an option for solo entrepreneurs.
Authorized Capital: For most domestic corporations, there is hardly any minimum paid-up capital demanded by the SEC, unless specialized industries like insurance.
Key Officers: You must select a President, a Corporate Secretary (who is a local resident), and a Treasurer (based locally).
Step 3: Digital Filing via eSPARC
In 2026, the entirety of the registration process is processed online. Through the SEC system, you will submit register a corporation philippines your Articles of Incorporation, By-laws, and supplementary documents. The system enables the OneSEC processing pathway, which may issue a Digital Certificate of Incorporation in a single business day provided all information is accurate.
Phase 4: Post-SEC Requirements
Receiving your SEC Certificate is the primary step. To legally operate and register a corporation Philippines successfully, you must move forward register a corporation philippines with the following:
Barangay Clearance: Obtain this from the specific district where your office is located.
LGU License: Apply for this at the City Hall. This register a corporation philippines needs a proof of address and fire safety inspection.
Tax Compliance: Go to the Bureau of Internal Revenue (BIR) to get your Tax Identification Number register a corporation philippines (TIN), register your books of accounts, and get register a corporation philippines authority to print invoices.
Step 5: Employer Social Agencies
When the corporation starts hiring staff, you must to register with government institutions such as the Social Security System (SSS), PhilHealth, and Pag-IBIG. 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 accuracy. While the online transition has made things easier, many owners still prefer to hire consultants to avoid delays. By following these steps, you can establish a compliant foundation for your business in the growing Philippine economy.