The Basic Principles Of representative office

Authenticated copy with the board resolution authorizing the establishment of your office, designating the resident agent, and stipulating that while in the absence in the agent summons may be served on the SEC

The overseas mum or dad organization is required to appoint a Resident Agent who shall acquire summons and various authorized proceedings served to or towards the Representative Office within the Philippines.

A Representative Office is surely an extension of the foreign corporation, under the home region’s legal stipulations, that normally takes on certain roles permitted by Philippine regulation.

Most up-to-date audited fiscal statements with the dad or mum enterprise Qualified by a CPA and authorised by the Philippine embassy

six. Tax Positive aspects: A Representative Office or Liaison Office is topic to a decreased tax fee than other types of business entities, and is particularly exempt from profits tax provided that it does not interact in any money-making routines.

seven. Versatility: A Liaison Office is often set up speedily and easily, and may be shut down easily In case the dad or mum organization decides to not go after company chances during the Philippines.

A Representative Office or Liaison Office inside the Philippines is really a type of business enterprise entity that is definitely put in place by a foreign company or entity to have interaction in non-revenue-generating functions, including market exploration, solution promotion, and feasibility scientific tests. It's not allowed to interact in any business or revenue-building pursuits. The primary reason of a Liaison Office should be to serve as a liaison concerning the father or mother company and potential clients or partners while in the Philippines.

Resident Agent’s acceptance of appointment Should the resident agent is not really existing to indication the application form.

The appointment must be authorized through a Board Resolution and an agreement executed through the Board of Directors on the international Company. The resident agent ought to signify their acceptance of your appointment through an official doc. 

Embark on other administrative tasks, like designating a Resident Agent to obtain the summons and legal proceedings

Most up-to-date audited monetary statements with the mother or father corporation Licensed by an unbiased certified community accountant (CPA) and authenticated by the Philippine consulate/embassy;

Vital targets of the representative office include things like facts dissemination, promoting functions, and customer support and assist to the father or mother business. 

Be part of the many overseas business people and enterprises who have already setup their businesses inside the Philippines

InCorp Philippines has registered many hundreds of community and international businesses in the Philippines. Our whole spectrum of r2 certified company corporate solutions is sure to allow you to take pleasure in a seamless business registration course of action.

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