If you’re forming a corporation or a partnership, the primary stop is the Philippine Securities and Exchange Commission or the SEC. You need to reserve a unique identify in your company (which is sweet for 30 to 90 days). Once you may have reserved your name, that you must place your desired capital (paid-up) in a bank of your choice, have that financial institution problem a certificate to you, fill up the official SEC kind, obtain the signatures of all incorporators (and their tax identification numbers for Filipinos or passport numbers for foreigners) then file the stated papers with the SEC. If all goes nicely, your papers may be accredited by the SEC in a single week’s time.

Hi Faye Bien. Unfortunately, I’m not quite properly-versed with a overseas company opening a checking account right here within the country. What I counsel is that you just select the bank here …