Jurisdictions / Philippines Corporation

Philippines Corporation

15–30 business days20–25% (PEZA 5%)Banking compatibility: ★★★★★Fully remote

Why founders choose it

Customer-service / BPO / shared-services centers
Export manufacturing and e-commerce fulfillment
Asia-leading English proficiency at strong cost
Mature PEZA export-zone incentive ecosystem
One Person Corporation (OPC) available

Costs

Philippines Corporation · Standard	$2,499	+ $300 Government fees
Annual compliance	~$1,200/yr

Government fees are passed through at cost; amounts confirmed at order time.

Tax overview

25% corporate tax (20% for smaller domestic corps); PEZA-registered export enterprises get a 4–7 year holiday then a 5% gross-income rate. Foreign-owned domestic-market companies need US$200k paid-in capital ($100k with advanced tech or ≥50 employees; export enterprises largely exempt).

Informational only — not legal or tax advice.

Banking compatibility

HSBC

In person · ~30d

Tier-1 credibility; usually requires in-person visit and balance requirements.

Payoneer

Remote · ~3d

Marketplace-payout staple; works for nearly every jurisdiction.

Required documents

Shareholders' & directors' passports
Registered address + resident agent
Domestic-market business: proof of US$200k paid-in capital

Ongoing compliance

Philippines SEC General Information Sheet$199+
Philippines audited FS (BIR/SEC)$999+

FAQs

+Can foreigners own 100%?

Export enterprises (≥60% export) generally yes with low capital; domestic-market businesses need US$200k paid-in capital and must avoid negative-list sectors.