Incorporation of company
Let us take you through the relevant information with 5W2H!
What？
What is Limited Company？
A limited company is an independent entity with legal status, investors (shareholders) contribute money, and the chairman runs the company.
Who？
Who can set up a limited company?
To set up a company, you need to provide a local and valid business and residential address.
When?
Personal income tax is 30%. You can consider setting up a limited company.
Because corporate income tax is fixed at 24%.
*It is more suitable to set up a limited company when you need financing*
Need to concern
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Secretary Fee
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Nominee Director Fee
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Audit Fee
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Tax Agent Fee
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Philippines
