WHEN entrepreneurs start a business, they often overlook a crucial aspect of compliance — registering with the Social Security System (SSS), the Philippine Health Insurance Corp. (PhilHealth) and the Home Development Mutual Fund (Pag-IBIG). Amid...
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SINCE the one-person corporation (OPC) was introduced in the Philippines last 2019 through Republic Act 11232, many entrepreneurs and freelancers have been confused about the differences between a sole proprietor and an OPC, not knowing which one...
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IT’S 2023, and workplaces everywhere are still adapting how to manage their business post-pandemic. It’s challenging to decide on a set-up that benefits everyone, but luckily, there’s a solution that provides the perfect middle...
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Starting a business in 2023 can be an exciting, scary, and even rewarding experience. With proper planning, hard work, and a bit of luck, it can be a great way to build financial security, create a positive impact in your community, and help find...
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RUNNING a business is one of the most rewarding, but challenging things to do. There are a lot of uncertainties and long hours involved as business owners juggle many roles. However, with the current economic climate, it seems entrepreneurs and...
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The success of a craftsman is associated with the quality of his tools, and the same is true for business owners. Thankfully, we live in a time when anyone with a laptop and an internet connection can establish a business if they have the right...
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What is a Virtual Office? There are numerous definitions of a virtual office floating around the Internet. Try it on Google search and it will give you a plethora of definitions. To save you from overwhelming search results, here’s a more...
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If you’re a budding entrepreneur or freelancer concerned about the high cost of office space, a virtual office could be the answer you’ve been looking for. As we all know, virtual business practices have become more common due to the...
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As an entrepreneur, launching a business or being self-employed is quite exciting. However, before getting started, every business should be registered to be able to successfully scale. Plan on registering on your own? Here are the requirements...
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Last March 9, the SEC released its SEC Memorandum Circular No. 3 Series of 2021 that discusses the updated schedule and procedure of Filing of Annual Financial Statements, General Information Sheet and Other Annual Reports. We highly encourage...
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So, you decided to take the leap and start a new business. That’s great! First step is to register so you decide to look it up but then realize that there are so many entities! Freelancer, Sole Proprietorship, One Person Corporation- which...
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The year is about to end and it’s an understatement to say that it’s been a rough one for everyone. As we bid farewell to 2020, many of us may be looking forward to a brighter 2021. While news of the vaccines have definitely generated hope, the...
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