A while back, I had a podcast about doing business in the Philippines. What kind of visa would you need, what type of business could you do as an expat in the Philippines. Today, based on some follow up questions that I got from that podcast, I want to dig a little deeper into the topic.
Particularly, I was asked what type of business permits would be needed to have a business in the Philippines, and also about taxes. Paul was wondering who you pay taxes to and that sort of thing.
Well, the process of getting business permits varies somewhat from one municipality to another in the Philippines, so it is not exactly the same in all Philippine locations, but there are some things that are consistent across locations. The tax situation is a national thing, so that would be the same no matter where you live in the Philippines.
There are also types of businesses that you, as a foreigner can have here where you not be liable for any Philippine taxes at all, so that is something that you may want to look into.
I discuss all of this in today’s episode of the Expat Answer Man. If you have questions that you need an answer to, please leave me a voice message using the Speak Pipe application below, and I would be happy to have you as a guest on my Podcast!
Have a listen, and I hope you enjoy today’s podcast, and also find it informative.
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Thanks again for listening, everybody!
Hi Bob , running a business in the Philippines can be frustrating getting all the permits
And dealing with different departments , bir, City government,local barangay ,
I know with our business we have to have clearance from the home owners association,
We also have to register with the fire department and have fire extinguishers for every
Property we rent with the fire extinguishers being refilled every year which is a good
Thing , you just have to be persistent and get through it, it’s worth it in the end,
Derek in pasig.
Hi Derek – I have so many dozens of businesses, but all of my businesses are online things, and US registered, not Philippines. But, I have had Philippine Businesses in the past, and everything you mention certainly brings back memories!