Setting up a business structure in the Philippines is an essential milestone for any business owner. Whether you are a local founder or a international investor, the first goal is to register a corporation Philippines properly to ensure compliance. With the modern updates to the government systems, the procedure has become more streamlined through electronic systems like eSPARC.
Step 1: Securing Your Corporate Name
The beginning of the process is to select a unique corporate name. You must verify for its availability via the Securities and Exchange Commission (SEC) online system. Make sure your chosen name is 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 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 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 regulated industries like banking.
Management: You must appoint a President, a Corporate Secretary (who is a local resident), and a Treasurer (resident in the Philippines).
Phase 3: Online Submission via eSPARC
In 2026, the entirety of the registration process is completed online. Through the eSPARC system, you will input your Articles of Incorporation, By-laws, and other documents. This platform enables the OneSEC processing track, which can issue a provisional approval within a single business days if all information is correct.
Step 4: Secondary Requirements
Obtaining your register a corporation philippines Certificate of Incorporation is only the beginning. To fully operate and register a corporation Philippines completely, you must proceed with these local permits:
Barangay Clearance: Acquire this from the local district where your office is located.
LGU License: File for this at the City Hall. This requires a proof of register a corporation philippines address and fire safety inspection.
BIR Registration: Go to the Bureau of Internal Revenue (BIR) to obtain your Tax Identification Number (TIN), register your books register a corporation philippines of accounts, and get authority to print invoices.
Step 5: Employer Social Agencies
When the corporation starts hiring staff, register a corporation philippines you need to register with social agencies such register a corporation philippines as the Social Security System (SSS), PhilHealth, and Pag-IBIG. This ensures your workers receive mandatory benefits and protects the company from legal issues.
Summary
Navigating the steps to register a corporation Philippines needs careful planning and attention to detail. While the digital transition has simplified the task, many businesses still choose to consult professionals to prevent delays. By following these guidelines, you can establish a compliant foundation for your business in the growing Philippine economy.