PHILIPPINES Setting-Up a Representative Office SERVICE

Setting-Up a Philippine Representative Office

A representative office in the Philippines is foreign-owned corporation, organized and existing under foreign laws.

A representative office in the Philippines is foreign-owned corporation, organized and existing under foreign laws. It cannot derive income within the Philippines and is fully financed by the foreign corporation. Its main purpose is to deal directly with the clients of the parent company to conduct information dissemination, setup communication centers, and market company products. It may be used to provide customer service and support to the company and its products.


Requirements:


  • Reserved Name from SEC
  • Authorized Board Resolution for the creation and establishment of the office in the Philippines*
  • Audited Financial Statements (AFSs) of the parent company*
  • Authenticated copies of the Articles of Incorporation and By-Laws of the parent company (or equivalent)*
  • Authorized resident agent for the Philippine office (must have Filipino residency)
  • Certified remittance of minimum paid-up capital to local bank
  • Obtained licenses and clearances from necessary government offices (if applicable)

*Specific requirement must be authenticated in the Philippine Embassy/Consulate of the parent company’s host country.


Procedure:


  • Secure Name Reservation from SEC
  • Present accomplished documents to SEC for pre-processing
  • Present verification of minimum paid up capital in non-resident account from local bank
  • Present Registered Agent Appointment (if applicable)
  • Pay filing fees
  • Secure Registration from Records Division
  • File registration with BIR
  • Register with applicable government offices (if employing individuals)
  • Obtain business and mayor’s permit from city of operations

A representative office in the Philippines may also act as a quality control center of the products for an export-oriented company, making it an ideal business structure in the country for any company looking for a customer service or marketing center. A representative office is also suited for Pharmaceutical and Cosmetic companies wishing to register their products before dealing with distributors, and is not required to pay income tax since no income is earned from within the country.


BGC and Co. CPA services include:


  • Registering the representative office
  • Obtaining local business permit
  • Setting-up corporate offices
  • Drafting the company manual and employment contracts
  • Providing recruitment and executive search
  • Accounting and bookkeeping outsourcing services
  • Philippine payroll services
  • On-going corporate compliance

A representative office in the Philippines allows for some special tax treatments especially with regard to income tax, which is applicable to foreigners working in a representative office. BGC and Co. CPAs ’s knowledge of the business and tax systems of the Philippines can help your company quickly establish a representative office in the Philippines, while maximizing your company’s earned incentives.

BGC and Co. CPAs is a mid-sized progressive auditing firm providing comprehensive set of cost effective solutions to organizations like yours.

Our services include auditing, accounting, bookkeeping, business management, and HR consulting. Further, we provide other business services like VISA processing in Bureau of Immigration (BI), Philippine Retirement Authority (PRA).

We are equipped with state of art tools and techniques along with dedicated professional to evaluate potential opportunities and risks effective auditing and assurance services. We understand a value adding auditing and assurance service focus on scope of business improvement rather than merely preparing financial statements and reporting on figures.

The firm was formed to assist clients on the preparation of compliances relating to tax, financial management, forecasting and accounting software and system installation. Assist clients in tax investigations, internal auditing procedures and provide on financial, taxation, accounting and auditing matters when needed. Processing of business registration, cancellation / termination.

Our Mission

Deliver reliable cost effective professional services in time meeting specific customer requirements.

Our Vision

To become one of the best auditing and accounting firm in the Philippines providing the utmost satisfaction to all the clients. We would like to be known as one of the finest company to partnered with in all the aspects.

Our Team

Our teams of dedicated professionals led by senior qualified accountants are obliged to give you quality services which will enable you to serve your clients better and there by improve your business. We together with our associates enable to give you the best in the industry.

ABOUT OUR SERVICES

Auditing and Assurance

We are equipped with state of art tools and techniques along with dedicated professional to evaluate potential opportunities and risks delivering effective auditing & assurance services. We understand value adding auditing and assurance service focus on scope of business improvement rather than merely preparing financial statements and reporting on figures.


Our expertise in analyzing accounting systems, designing better systems with proper internal controls and management information reporting help our clients to adequately plan their business building strategy and give them the confidence to pace up with the rapidly growing economy.

Accounting and Bookkeeping


Accounting and bookkeeping is a necessity of every organization irrespective of its size. Our professionally qualified and experienced accountants understand and analyze business transactions and ensure compliance with the accounting standards. BGC has well trained staff familiar with many of the accounting system and most especially to the rapid changes in the BIR rules and regulations. Qualitative and timely accounting reports are crucial for the success of any business organization. BGC ensures relevant and reliable financial reports are delivered on regular intervals to assess performance and to facilitate decision making. Outsourcing of accounts department helps you to get professional expertise at lower cost and BGC provides the most efficient and effective bookkeeping solutions.

We assist you with below services:

• Accounts preparation and supervision
• Preparation and presentation of financial reports
• Bookkeeping services
• Payroll processing
• Training of accounting staff

Business Set-up and Termination

We do assist in setting up different types of business organizations through registrations to different government agencies such as:

• Securities and Exchange Commission (SEC);
• Bureau of Internal Revenue (BIR);
• Local Government Unit (LGU);
• Department of Trade and Industry (DTI);
• Social Security System (SSS);
• Philippine Health Insurance (Philhealth);
• Pag ibig;
• Food and Drug Administration (FDA)

We also assist our foreigner clients for the following:

• VISA extension;
• Bureau of Internal Revenue (BIR);
• 9g VISA;
• Special Resident Retiree’s VISA (SRRV)
• Social Security System (SSS);
• Passport Renewal

We process:

Air tickets, hotels, travel /Government File processing

1. 9G Working Visa(1-3Years)

2. 13A / MCL21 TRV Spousal Visa- married to a Filipino citizen

4. Tourist Visa Extension  

5. Alien Employment Permit (AEP) / Special Working Permit (SWP)

6. Inclusion of dependent Spouse and unmarried child

7. Emigration Clearance Certificate (ECC)

8. Cancellation /Apply of Alien Employment Permit replacement (loss AEP)

9. Cancellation of CEZA Working Visa (CWV)

10. Cancellation of 9G Working Visa (9G)

11.Special Resident Retiree’s Visa (SRRV)  SIRV ASRV 

12. Quota Visa SEC13

13. Overstay MR

14. Lifting of Blacklist(BL) and Hold Departure Order (HDO)

15. Order To Leave (OTL)

other Immigration related concern:

Alien Registration

Annual Report (A.R)

ACR I-CARD Issuance

Voluntary Application for ACR I-CARD

Renewal ACR I-CARD

Re-Issuance of ACR I-CARD

ACR I-CARD Waiver

Cancellation of ACR I-CARD

Philippine-Born Registration

Certification for Not the Same Person

ACR I-CARD Certification

BI Clearance Certification

Pending Visa Application Certification

Certified True Copy Certification

Travel Records Certification

Certificate of Non-Registration / Registration

Application for Retention / Re-acquisition of Phil. Citizenship

Inclusion of Dependents under R.A. 9225

Recognition as Filipino Citizen

Affirmation of Recognition as Filipino Citizen

Cancellation of Alien Certificate of Registry (ACR)

Special Study Permit

Provisional Work Permit

Special Work Permit – Commercial

Special Work Permit – Artists & Athletes

Joining Filipino Seaman

Signing Off Filipino Seaman

Joining Foreign Seaman

Repatriating Foreign Seaman

Filipino Supernumerary

Foreign Supernumerary

Penalty on Late Filing / Non-Filing of Foreign Seafarer’s Notice of Arrival (Joining Crew)

Administrative Fine Imposed on a Foreign Crew Member if Not Properly Documented

Penalty for Late Filing / Non-Filing of Notice of Departure

Waiver for Exclusion Ground

Downgrading of Visa

Transfer of Admission Status

Amendment / Correction of Admission

Re-Stamping of Visa RA 7919

Re-Stamping of Visa

Failed to Stamp – Encoded

Failed to Stamp – Not Encoded

Interim Extension (Grace Period)



please feel free to contact us:

English/Tagalog  Inquiries :

WeChat :      dpylanayon

WhatsApp :+63 939 526 6731 

Telegram :@Diadem_Pearl  

EMAIL: dplanayon.royalewonders@gmail.com

VIBER:+63 939 526 6731 / +63 9176523432 

PHONE:

+639176523432  

+639177037769


中文咨询:

微信 : BGC998  (中文)

WhatsApp :+63-912-0912-222 (中文)

电话:  :+63-912-0912-222(中文)

电报/小飞机:@WOW888  (中文)


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