How to register your business in the Philippines with PEZA

PEZA registration can be a long process. Here is a step-by-step guide on how to register your business with the Philippine Economic Zone Authority (PEZA).

PEZA registration process

Generally, PEZA follows a 7-step registration process:

• Application Form
• Articles of Incorporation and By-Laws
• Board Resolution of a duly authorized company representative/signatory
• Project Brief
• Anti-Graft Certificate
• Project Feasibility Study
• Secretary’s certificate authorizing the application for registration with PEZA

Generally, the approval time for PEZA registration takes around two months, depending on the requirements submitted and the type of industry you wish to invest in.

Register your business with PEZA

Registering your business with PEZA provides many opportunities for your business, helping you secure a successful business venture in the Philippines.

How to register your business in the Philippines with BOI

Foreign enterprises who wish to set up a business in the Philippines may opt to register with the Board of Investments (BOI). To help you, here is a guide on how you can register with BOI and avail of its tax incentives for your business in the Philippines.

BOI registration process:
Generally, the BOI registration process is as follows:

The registration process usually takes 10 to 20 working days, depending on your business entity, nature of proposed activities, and documents provided upon registration. Moreover, you must ensure that your business meets BOI’s criteria to be eligible for the registration

BOI documentary requirements

Foreign enterprises must accomplish the following documents when registering with BOI:

• SEC Certificate of Registration
• Articles of Incorporation and By-Laws
• Audited Financial Statement (feasibility report that contains projected financial reports for the next five years)
• Income Tax Return for the past three years (if applicable)
• Board Resolution of a duly authorized company representative/signatory
• Project Report (a report that contains activities listed or is related to those listed in the SIPP)

Additionally, BOI requires foreign investors to have an equity investment in a Philippine corporation to be eligible for tax incentives.

Register with BOI and enjoy tax incentives your business

Registering your business with PEZA provides many opportunities for your business, helping you As an entrepreneur, ensuring that your business is registered with appropriate investment promotion agencies can help increase your company’s chances of success. Doing so provides you with ways to focus your finances on other business operations while maximizing your profits and revenue.