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Corporate Services in Tacloban City

From registration to payroll, we keep your entity compliant and well-structured at every stage.

What the service covers

  • Business registration. Registration of corporations, partnerships and one person corporations with the SEC, sole proprietorships with the DTI, and cooperatives with the CDA, followed by the barangay clearance and business permit, BIR registration, and employer registration with the SSS, PhilHealth and Pag-IBIG Fund.
  • Corporate structuring. The choice of business vehicle, capital structure and ownership arrangement, with the tax and regulatory consequences of each set out.
  • Corporate secretarial. Assistance with the General Information Sheet, minutes and resolutions, the stock and transfer book, amendments to the articles and by-laws, and other SEC reportorial requirements.
  • Payroll processing and compliance. Payroll computation, withholding tax on compensation, statutory contributions, the 13th month pay, and the annual information returns and certificates issued to employees.

The rules that apply

Corporations are governed by the Revised Corporation Code of the Philippines (Republic Act No. 11232), which introduced the one person corporation and sets the reportorial duties owed to the SEC. Registration with the BIR is required on or before the commencement of business under the Tax Code, and the local business permit is renewed each year with the city or municipality.

For employers, payroll compliance runs across several agencies: withholding tax on compensation remitted to the BIR, contributions to the SSS, PhilHealth and the Pag-IBIG Fund, and the 13th month pay required by Presidential Decree No. 851. The SEC’s current filing procedures are covered in our advisories.

Who needs it

  • Entrepreneurs registering a new business in Tacloban City or elsewhere in Region VIII.
  • Sole proprietors considering incorporation.
  • Corporations that need their SEC filings and corporate records kept current.
  • Employers who want payroll and the returns that go with it prepared outside the business.
  • Businesses opening a branch or changing their registered details.

How the work runs

  1. Assessment. We establish what is being registered or maintained, and which agencies are involved.
  2. Documents. We prepare the forms, articles, resolutions and supporting papers for signature.
  3. Filing. Applications and reports are filed with each agency and followed through to release.
  4. Turnover. You receive the certificates, permits and registered books, with a calendar of the recurring filings that follow.

After registration

Registration starts a set of recurring obligations, and most compliance problems come from missing one of them in the first year.

  • Renewal of the business permit with the city or municipality at the start of each year.
  • Monthly, quarterly and annual tax returns, on the dates in the AAC Tax Calendar.
  • The General Information Sheet and annual financial statements filed with the SEC.
  • Monthly remittance of SSS, PhilHealth and Pag-IBIG Fund contributions for employees.
  • Books of accounts kept current, and audited where Section 232 of the Tax Code requires it.

Frequently asked questions

Sole proprietorship, one person corporation or regular corporation: which should we register?

It depends on liability, ownership, financing plans and tax. A sole proprietorship is not separate from its owner. A one person corporation and a regular corporation have their own juridical personality, with heavier reportorial duties. We set out the consequences of each before you choose.

What comes after SEC or DTI registration?

The barangay clearance and business permit from the local government, registration with the BIR including books of accounts and invoices, and employer registration with the SSS, PhilHealth and Pag-IBIG Fund once there are employees.

What recurring filings does a corporation have?

The General Information Sheet after the annual meeting, the annual financial statements, and the other reports the SEC requires of the corporation, alongside the tax returns in the AAC Tax Calendar.

What does payroll processing include?

Computation of pay and deductions for each period, the withholding tax and contribution remittances, the 13th month pay, and the year-end annualisation with the certificates issued to employees.

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