The prices of registration are not limited to the SEC submitting payment. In follow, the foreign Company should really spending plan for: Appoint a resident agent during the Philippines to simply accept authorized summons, notices, and official communications on behalf of the branch office. Action: Prior to selecting a branch, checklist your
Securing a Resident Agent for Incorporation in the Philippines
During the initial registration and incorporation phase, foreign corporations looking to establish a local branch must formally designate a resident agent. Under the Revised Corporation Code of the Philippines, the SEC will not issue a license to do business without this appointment. The resident agent can be either an individual residing in the Ph