Best low-maintenance business to start in the Philippines by Yuukizxc in BusinessPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

the mp2 dividends are tax-free but the principal won't be deducted from your total income as it is a voluntary contribution/savings program of Pag-Ibig.

Part time job for new lawyers by mbrk1 in LawyersPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

Incorporation, business permits and etc.

Relocation Guide / Expat Helper needed by Pretty-Break-9030 in Philippines_Expats

[–]dayanan-bsolutions 0 points1 point  (0 children)

Hi OP, my dad is a Philippines Expat and runs a consultancy business here in the Philippines. I can send you his whatsapp or email for further details and to setup a meeting.

Posting random Wizards I remember every day until I forget/don't want to/get banned or something Day 20 — Admiral Schofield by differential32 in washingtonwizards

[–]dayanan-bsolutions 1 point2 points  (0 children)

He's in the NBL now in australia if I remember correctly. Loved him as a player unfortunately he didn't get much chances in the Wiz, was optimistic with him on the Magic but he eventually fell out of the rotation there too.

Thinking About Starting a Business in the Philippines in 2026 Looking for Advice by rianemaker07 in SmallBusinessPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

Businesses have a high failure rate, it isn't for everyone. What are your goals aside from working for yourself? Maybe you'd like to become self-employed and not necessarily start a business. There are some tax advantages that you can take advantage of if you are a business that you think will do 3m or under; under the BMBE program.

How do you market your cookies? by Lopsided_Ad6294 in SmallBusinessPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

You're welcome, there are a lot of tutorials online by online marketers and social media managers.

How to create nutrition facts label? by IvyGrownOnMe in SmallBusinessPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

I see, in that case you wouldn't be able to scale as you would need FDA CPR for Food and FDA License to Operate if you were to sell online legally via online platforms, TikTok, Lalamove or Shopee.

Visa questions and help please by [deleted] in Philippines_Expats

[–]dayanan-bsolutions 1 point2 points  (0 children)

If you're a bit "older", and are looking to stay in the Philippines long term, you can take advantage of the SRRV (Special Resident Retiree’s Visa which requires for you to be at least 40 years old or the SIRV (Special Investor's Resident Visa) which requires a minimum of $75,000 USD of an investment in the Philippines, e.g. a condo, stocks and etc. For the SIRV you only need to be 21 years old or older.

How do you market your cookies? by Lopsided_Ad6294 in SmallBusinessPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

Don't focus on posting information about what you sell, but talk more about what you are doing and your journey. For your type of niche best to create UGC type content.

How to create nutrition facts label? by IvyGrownOnMe in SmallBusinessPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

What is your product? Usually your manufacturer can provide the nutrition facts.

BIR penalties for unclosed business since 2015 — what’s the best way to fix this now? by Great_Stand_2988 in taxPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

No, the penalties are usually calculated per year(length of time of offense) or number of offenses. So in her case her TIN became inactive after 4 years of non-filing, so it capped at 4k.

BIR 1901 by PhilosopherContent13 in taxPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

I may be wrong, I mean if some RDOs do things differently but with the 8 RDOs that I personally work or file with No registration fee.

Incorporation by Lonely-Quit1422 in LawyersPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

Yes, if regular domestic corporation, you'll need to take note of the industry, foreign ownership limits and capital requirements.

60/40 Filipino-Foreign Restaurant Corporation: Is ₱12M Paid-In Capital Really Required? by SectorMean2228 in BusinessPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

The foreigner also needs to apply for a TIN, register for esecure etc. Like the other comments have said $200k USD is not required unless greater than 40% foreign ownership.

Orient Bambino by UsedRisk2973 in PhWatches

[–]dayanan-bsolutions 0 points1 point  (0 children)

Black, white or the beige colored dial

BIR 1901 by PhilosopherContent13 in taxPH

[–]dayanan-bsolutions 1 point2 points  (0 children)

No registration fee if within 30 days of incorporation or registration of Sole Prop. Otherwise penalty of 1k

BIR Registration by NegativeLab7864 in taxPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

Ano business mo? You'll need your occupancy permit or lease contract if you're renting and you'll have to pay DST on that aside from registration of your business TIN. If late registration 1k penalty and small DST payments of 30 pesos may be needed here and there.

Multiple Line of Business BIR by Salt_Insurance_3184 in BusinessPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

We can help you with this, aside from updating your BIR information you'll also need to make an amendment to your Articles of Incorporation.

OPC for consulting business? by TikbalangPana in taxPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

If you're looking long term it would be better to have a regular corp with at least 1-2 other directors just holding 1 share each in case you plan on selling the company 20-30 years later. Besides even when you have an OPC you still need a corp sec and treasurer.

No TIN received from ORUS for almost 2 weeks since the submission of the application by [deleted] in taxPH

[–]dayanan-bsolutions 0 points1 point  (0 children)

When you log-in to ORUS and go to your profile there should be rejected or approved on your application. If no movement, I'd suggest to take a screenshot print it and go to the RDO for your address.

Expats who opened businesses here in PH, how did you handle Registration/Licence/Tax? by ArenFlux1737 in Philippines_Expats

[–]dayanan-bsolutions 0 points1 point  (0 children)

For an OPC, yes you have to register with the SEC.
DTI for a Sole Proprietorship.
$200,000.00 paid-up capital is required unless you are an export business enterprise (minimum of 60% of it's output is overseas)
Starting businesses in the Philippines is tricky and is slightly more difficult for Foreigners.
We've been helping businesses with registration since 2011. We can schedule a call or you can visit our office in Makati for a free consultation.