EOR vs. Outsourcing in the Philippines: Who Employs and Manages Your Team?
Short answer: In a typical employer of record (EOR) arrangement, a Philippine EOR entity employs the worker, signs the employment contract, and handles agreed local payroll and...
Can a Nominee Director Resign or Be Replaced in the Philippines?
Yes. A nominee director can resign, and a Philippine corporation can replace one through the appropriate corporate procedures. The company must document the change, follow the ...
Can a Sole Proprietorship Use a Virtual Office Address?
Summarized answer: Yes, a sole proprietorship can generally use a legitimate virtual office address for business registration in the Philippines, provided the a...
Can a One Person Corporation Use a Virtual Office Address?
Yes, a One Person Corporation (OPC) may potentially use a virtual office address in the Philippines, provided the address can legitimately serve as the corporation’s principa...
Can You Use a Virtual Office Address for Business Registration in the Philippines?
Yes, a virtual office address can potentially be used for business registration in the Philippines, provided the address is legitimate, suitable for the type of registration in...
How to Change Directors in a Philippine Corporation
Short answer: To change directors in a Philippine corporation, the company must determine why the director is leaving, follow its Articles of Incorporation and bylaws, obtain t...
Virtual office in Makati vs. Cebu: Which is right for your business?
Short answer: Choosing between a virtual office in Makati and Cebu depends on your target market, business goals, budget, and the professional presence you want to establish. M...
When do you need to update your corporate records?
Summarized answer: You need to update your corporate records whenever important company information changes, such as its directors, officers, shareholders, registered address, ...
What happens if you don’t properly dissolve your company?
Short answer: If you stop operating a company without formally completing the required dissolution and closure procedures, the company may continue to have corporate, tax and r...
When does a company need a nominee director?
Short answer: A company may consider appointing a nominee director when it needs to satisfy corporate governance, local representation or structural requirements while its owne...