Setting up a business structure 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 operational legality. With the latest updates to the SEC guidelines, the process has become digitalized through online portals like eSPARC.
Phase 1: Choosing Your Corporate Name
The first step is to verify a unique company name. You must check for its availability through the Securities and Exchange Commission (SEC) eSPARC portal. Check that your chosen name does not resemble existing entities. Once cleared, you can hold the name for 30 to 90 days by paying a nominal reservation fee.
Step 2: Drafting Your Corporate Structure
When you 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 typical domestic corporations, there is hardly any minimum paid-up capital demanded by the SEC, unless regulated industries like banking.
Management: You must select a President, a Corporate Secretary (who is a local resident), and a Treasurer (resident in the Philippines).
Phase register a corporation philippines 3: Online Submission via eSPARC
In 2026, the entirety of the registration process is completed online. Through the eSPARC system, you will submit your Articles register a corporation philippines of Incorporation, By-laws, and other documents. The system enables the OneSEC processing track, which may issue register a corporation philippines a Digital Certificate of Incorporation in a single register a corporation philippines business days provided all information is correct.
Phase 4: Post-SEC Requirements
Receiving your SEC Certificate is the primary step. To legally operate and register a corporation Philippines completely, you must move forward with the following:
Local Permit: Obtain this from the specific district where your office is situated.
Mayor’s or Business Permit: Apply for this at the Municipal Hall. This needs a lease contract and sanitary permit.
Tax Compliance: Visit the Bureau of Internal Revenue (BIR) to get your Tax Identification Number (TIN), apply for your books of accounts, and secure authority to print official receipts.
Phase 5: Government Contributions
Once register a corporation philippines your corporation starts employing people, you are required to register with social agencies including the Social Security System (SSS), PhilHealth, and Pag-IBIG. Compliance ensures your employees receive legal benefits and safeguards the entity from penalties.
Final Thoughts
Managing 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 legal experts to avoid delays. Following these steps, you can establish a solid foundation for your business in the growing Philippine economy.