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Typically, being a foreigner may be problem, notably if you are likely to bring your company in the direction of the Philippines. Incorporation is the strategy to take do you have to wish to enter the regional market and for that, you will have to have an acquaintance that could be a local. For individuals who have Filipino buddies, this is usually the best way in. You need to register your company at the SEC (Securities and Alternate Fee) and cling to the 60/forty rule. This mainly signifies that 60{4287c8b9a48739f448de2270a78d067eccd8807325aa3a6cfb469236390e5d03} of your company is often owned by Filipinos and forty{4287c8b9a48739f448de2270a78d067eccd8807325aa3a6cfb469236390e5d03} of the shares are going to be owned by foreigners. It is usually necessary that in any case 5 of your respective incorporators are Filipinos.

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