A Comprehensive Guide to Registering a Business in the Philippines in 2026

Starting a venture in the Philippines is a strategic move for both local and foreign investors. However, understanding the philippine business registration process is vital to guarantee a smooth launch. This article explains the mandatory steps and financial obligations for setting up your entity.
The Step-by-Step Philippine Business Registration Process

The sequence of setting up a business typically starts with deciding on a legal entity. For individuals, a sole proprietorship via the Department of Trade and Industry (DTI) is a popular choice. However, investors choose incorporation through the Securities and Exchange Commission (SEC).

Step 1: Name Reservation: Initially, you must reserve your chosen name via the SEC eSPARC portal. Step 2: Document Preparation: Assemble your Articles of Incorporation and corporate bylaws. Under the Revised Corporation Code, you can currently form a OPC if you are a single investor. 3. Securing Local Licenses: Once incorporation, you must apply for a Barangay Clearance and a Mayor's Permit from the relevant city hall. 4. BIR Compliance: Finally, sign up with the BIR to get your TIN and Authority philippine business registration process to Print (ATP) official receipts.
Business Registration in the Philippines for International Investors

For most global entrepreneurs, business registration philippines for foreigners requires extra considerations. While the government has liberalized many sectors, some limitations remain according to the Negative List.

Foreigners can own full ownership of export-based enterprises. However, businesses serving the local minimum capitalization for corporation philippines market often require a substantial capital injection. Additionally, non-Filipino owners are required to secure the philippine business registration process proper work permits, such as the Alien Employment Permit (AEP).
Understanding Minimum Capitalization for Corporation Philippines

A primary question for founders is the minimum capitalization for corporation philippines. In most cases, the Revised Corporation Code removed the mandatory subscribed capital requirement for domestic corporations except when required by specific laws.

However, the rules change vastly for foreign-controlled firms:

Domestic Market Enterprises: Usually require a minimum capitalization of 200,000 USD.

Tech or Labor Intensive: This amount can be lowered to US$100,000 if the company utilizes modern tech or hires at least 50 Filipino workers.

Export Enterprises: These firms can often be started with a minimum of 5,000 Pesos initial equity.

Final Thoughts

Navigating minimum capitalization for corporation philippines the philippine business registration process requires patience and due diligence. Through mastering the requirements for business registration philippines for foreigners and fulfilling the proper minimum capitalization for corporation philippines, minimum capitalization for corporation philippines you can successfully build a thriving business in this dynamic economy.