Establishing a business entity in the Philippines is a major 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 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 currently an option for solo entrepreneurs.
Authorized Capital: For most domestic corporations, there is hardly any specific paid-up capital required register a corporation philippines by the SEC, except for specialized industries like insurance.
Key Officers: You must select a President, a Corporate Secretary (who must be a Filipino citizen), and register a corporation philippines a Treasurer (based locally).
Step 3: Digital Filing via eSPARC
In 2026, the entirety of the registration process register a corporation philippines is processed online. Through the eSPARC system, you will submit your Articles of Incorporation, By-laws, and register a corporation philippines supplementary documents. The system enables the OneSEC processing track, which may issue a Digital Certificate of Incorporation in a single business days provided all information is correct.
Phase 4: Post-SEC Requirements
Getting 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.
LGU License: Apply for this at the Municipal Hall. This needs a lease contract and fire safety inspection.
Tax Compliance: Visit the Bureau of register a corporation philippines Internal Revenue (BIR) to get your Tax Identification Number (TIN), apply for your books of accounts, and get authority to print official receipts.
Phase 5: Government Contributions
Once 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 legal issues.
Conclusion
Managing the process to register a corporation Philippines needs patience and attention to detail. While the online transition has made things easier, many businesses still choose to hire consultants to avoid delays. By following these steps, you can establish a compliant foundation for your business in the growing Philippine economy.