In support of the growth of micro-entrepreneurs in the Philippines, the government established the Barangay Micro Business Enterprise (BMBE) program under Republic Act No. 9178, also known as the “BMBE Law.” Implemented through the Department of Trade and Industry (DTI), the BMBE program encourages small-scale enterprises by providing them with tax incentives, easier business registration, and access to financing. This article explains what the DTI BMBE registration is, its b

The Philippines has become an increasingly attractive destination for foreign investors due to its strategic location, growing consumer market, and English-speaking workforce. However, before a foreign national or foreign company can start operating a business in the country, they must first understand the legal framework and registration process required by Philippine laws. This article provides a comprehensive overview of business registration options for foreigners and the

The Securities and Exchange Commission (SEC) introduced the One Person Corporation (OPC) concept in the Philippines through the Revised Corporation Code of 2019 (Republic Act No. 11232). This innovation revolutionized the way small business owners and professionals can register corporations by allowing a single individual to form and manage a company with limited liability. The OPC model provides flexibility and legal protection that traditional sole proprietorships do not of

In the Philippines, the Philippine Contractors Accreditation Board (PCAB) plays a pivotal role in regulating the contractor industry. It ensures that construction firms meet requisite financial, technical, and legal standards. Recently, PCAB has introduced significant updates and policy changes that impact contractors’ accreditation, license renewals, bonding, and compliance. This article reviews those updates and offers practical issues that businesses must consider to stay

In the Philippines, any business engaged in the manufacture, importation, distribution, or sale of products regulated by the Food and Drug Administration (FDA) including food, drugs, cosmetics, medical devices, and health-related items must secure specific licenses from the FDA before operating. Two of the most critical authorizations are the License to Operate (LTO) and the Certificate of Product Registration (CPR). These documents ensure that businesses comply with the regu

On February 21, 2025, the Financial Action Task Force (FATF) removed the Philippines from its “grey list” of jurisdictions under enhanced monitoring. This marks a culmination of years of regulatory reforms, enforcement efforts, and alignment with international anti‑money laundering (AML) and counter‑terrorism financing (CTF) standards. Below is what this means, how the country got here, and what businesses and investors should watch moving forward. Why the Exit Matters Reduce

As the Philippines confronts energy security challenges, climate change pressures, and rising demand, renewable energy stands at the crossroads of the nation’s future. With abundant natural resources and evolving policy frameworks, the country has significant potential to transform its energy matrix. But realizing that potential requires careful strategy, capital, and stakeholder alignment. The Current Landscape Installed Share & Targets: As of 2023, renewables accounted for

In an era defined by shifting supply chains, renewed regional integration, and increasing foreign investment, the Philippines is emerging as a strategic hub in the global marketplace. More than just a fast-growing economy in Southeast Asia, the archipelago is positioning itself as a bridge connecting markets, capital, and talent. With its geographical advantage, policy reforms, and competitive workforce, the Philippines is steadily gaining recognition as a preferred base for

In a move to boost tourism and stimulate local spending, the Philippine government has introduced a VAT refund mechanism for non-resident tourists purchasing goods locally. Under Republic Act No. 12079 and its Implementing Rules and Regulations (IRR), foreign visitors can now reclaim the 12% value-added tax (VAT) on eligible purchases made in accredited stores. But how does the new system work? What are the requirements, limitations, and practical challenges? This article bre