President Rodrigo Duterte of the Philippines has finally agreed to impose temporary travel bans against travelers coming from Wuhan, China.
To establish a representative office in the Philippines, the following requirements must be met: Must secure from the Securities and Exchange Commission (SEC) approval of the License to do business in the Philippines as a representative office of a foreign corporation with the following:SEC Application Form to Establish a Representative Office in the Philippines.Name verification... Continue Reading →
The distinctions between ROHQ and RHQ are: As to purpose, R.A. No. 8756 defines Regional Operating Headquarters (ROHQ) as any foreign business entity formed, organized, and existing under any laws other than those of the Philippines whose purpose is to service its affiliates, subsidiaries or branches in the Philippines, Asia-Pacific Region, and other foreign markets.... Continue Reading →
The differences in setting up a local subsidiary office and a branch office of a foreign corporation are the following: As to its creation, a local subsidiary involves incorporation under Philippine laws. On the other hand, doing business through a branch office involves the securing by the foreign corporation of a license to do business... Continue Reading →