The BER months can bring new opportunities for entrepreneurs. With increased consumer activity and holiday spending, many aspiring business owners see this season as a good time to turn their business ideas into reality. But starting a business involves more than choosing what to sell and preparing capital. Before opening your doors or accepting customers, it’s important to build the right foundation. Here are three areas to consider before starting your business. 1. Choose t

Running a business involves more than sales and daily operations. Behind the scenes are registrations, permits, tax filings, payroll, government requirements, and other compliance responsibilities. For business owners already managing employees, customers, finances, and growth, keeping up with everything can become overwhelming. This is where having the right business consultancy partner can help. Business Compliance Has Many Moving Parts Every business has different requirem

Starting or running a business involves more than sales, customers, and daily operations. It also means managing business registration, permits, tax requirements, and other applicable compliance responsibilities. For many entrepreneurs, DTI, SEC, BIR, and LGU are common terms during business registration and operations. Understanding their basic roles can help you better manage your business requirements. Why Business Compliance Matters There is no single checklist that appli

As the BER months begin, many businesses prepare for increased customer activity, year-end transactions, holiday promotions, and other seasonal opportunities. But while you are checking your sales, inventory, staffing, and marketing plans, there is another important area to review: Are your business registration details still accurate and updated? Having a registered business is an important step, but business information can change over time. Your address, business activitie

Government procurement can provide additional opportunities for businesses that want to expand their market. Whether you supply products, provide professional services, handle construction projects, or offer consultancy services, PhilGEPS registration is an important part of preparing to participate in government procurement. The Philippine Government Electronic Procurement System (PhilGEPS) is the government’s centralized electronic procurement portal, where businesses can a

Growing your business is an exciting milestone. However, as your business expands, your current business structure may no longer be the most suitable for your long-term business goals. As your operations become more complex, your team grows, or new business opportunities arise, it may be the right time to evaluate whether transitioning from a sole proprietorship to a corporation aligns with your business needs and future plans. Signs It May Be Time to Consider Incorporation Y

Running a business comes with important tax and registration responsibilities. Failing to comply with these obligations may expose your business to penalties, administrative sanctions, and, in certain cases, the temporary suspension or closure of business operations. Oplan Kandado is a tax enforcement program of the Bureau of Internal Revenue (BIR) that may result in the temporary suspension or closure of businesses found to have committed certain violations of the National I

Starting a business or growing a small enterprise comes with many financial responsibilities. Fortunately, your business may qualify for registration as a Barangay Micro Business Enterprise (BMBE) under Republic Act No. 9178 (Barangay Micro Business Enterprises Act of 2002), which grants qualified micro enterprises certain incentives under the law. If your business qualifies and is registered as a BMBE, you may be entitled to incentives that can help support your business ope

Registering your corporation is only the first step. To remain compliant with the Securities and Exchange Commission (SEC), corporations are generally required to comply with ongoing reportorial requirements, one of which is the submission of the General Information Sheet (GIS). So, is GIS filing really required? Yes. Most corporations registered with the SEC are required to submit a General Information Sheet (GIS) in accordance with the applicable SEC laws, rules, and regula

Starting a business is an exciting step toward building a more secure and successful future. However, before commencing business operations, your business should be properly registered and obtain the registrations, permits, and licenses applicable to its nature, industry, and location. Business registration involves more than choosing a business name and submitting an application. Depending on your business structure, industry, and location, you may need to coordinate with go

Do you have unresolved tax liabilities, delinquent accounts, tax assessments, or open stop-filer cases with the Bureau of Internal Revenue (BIR)? Through Revenue Regulations No. 4-2026, the BIR has implemented the One-Time Tax Abatement Program, which allows qualified micro taxpayers to apply for the abatement of taxes and/or penalties on covered cases. The program aims to provide eligible taxpayers with an opportunity to resolve covered tax issues, regularize their tax oblig

Managing payroll is an important part of running a business, but it can also be time-consuming and stressful. Business owners need to make sure that salaries are computed accurately, deductions are properly applied, and payroll records are organized. For companies with employees, payroll is not just about releasing salaries. It also involves computing wages accurately, processing applicable deductions such as SSS, PhilHealth, Pag-IBIG, and withholding tax, and maintaining pro

If your business plans to supply goods, provide services, or undertake projects for Philippine government agencies, PhilGEPS registration is one of the first and most important requirements. Understanding the different membership options can help your business prepare for government procurement opportunities with confidence. PhilGEPS, or the Philippine Government Electronic Procurement System, serves as an online platform where government procurement opportunities are posted

Does your corporation still have pending General Information Sheet (GIS) or Audited Financial Statements (AFS) filing? The Securities and Exchange Commission (SEC) has issued a temporary relief measure that allows corporations with pending reportorial requirements to catch up on compliance before additional monthly delay penalties resume. This update gives corporations an opportunity to catch up on their compliance without the added burden of increasing monthly penalties. Ho

Good news for Micro, Small, and Medium Enterprises (MSMEs) planning to expand their business and raise additional capital. The Securities and Exchange Commission has extended the 50% discount on securities registration fees for qualified MSMEs until December 31, 2026. This gives eligible businesses more opportunity to access capital at a lower compliance cost. For MSME owners who are planning to grow, attract investors, or explore capital market opportunities, which refers to

Managing a business means handling many moving parts every day — operations, employees, customers, suppliers, sales, and financial responsibilities. Many business owners handle their own bookkeeping during the early stages of their business. However, as operations grow, accounting becomes more complex, making professional support not just beneficial but essential. Outsourcing your accounting is not only based on the size of your business. More often, it depends on the demand

If you're planning to take on larger construction projects, expand your operations, or participate in public and private sector bidding, securing the proper licenses should be one of your top priorities. One of the most important requirements for construction contractors in the Philippines is obtaining a valid Philippine Contractors Accreditation Board (PCAB) License. A PCAB License is more than a compliance requirement—it establishes your company's credibility, demonstrates

Many aspiring laundry business owners assume that taxes are complicated and overwhelming. The truth is, understanding the basics from the start can help you avoid penalties, stay compliant, and build a stronger foundation for your business. Whether you're planning to open a self-service laundry shop or a full-service laundromat, here are the three common tax categories you should know: 1. Business Tax Business Tax refers to taxes imposed on the sale of goods or services. Depe

Many business owners believe that government registrations only apply to large companies. However, businesses that employ workers are generally required to comply with mandatory government registration requirements. Employee registration is not just a legal obligation—it is also a way to protect your employees and your business. Required Government Registrations for Employees Employers should ensure that qualified employees are properly registered with the following governmen

Starting and managing a business comes with exciting opportunities—but it also comes with important legal and regulatory responsibilities. One of the key requirements for corporations and businesses in the Philippines is maintaining compliance with the Securities and Exchange Commission (SEC). Whether you're registering a new company, updating corporate records, or planning business expansion, proper SEC compliance is essential to keep your business operating smoothly and leg