How To Register A Small Online Business In The Philippines

How to register a business in the philippines.

How to register a small online business in the philippines. Register your online business. In general the registration and its updates are done in the revenue district office rdo having jurisdiction over the place where the head office is located or over the place of residence of the individual taxpayer. Budding entrepreneurs can find lots of ideas and inspiration online and when you ve had your eureka moment and finally figure out what you want to invest in one of the first steps is business registration. Unlike regular selling this one is pretty easy to maintain as an online seller only needs a stable internet connection a mobile communication gadget a little capital and a bunch of patience and time. I am currently selling online and posting my ads in free classified ads sites like olx and mybenta at the moment but i would to be able to send out sales quotes to offices so i would be needing to have my small online business registered.

What would be the main difference for it. In the philippines same business registration rules apply to online businesses as traditional businesses. Read by ecomparemo on june 16 2020. The philippines corporation code sets that minimum at php 5 000 but your bank will need additional materials including articles of incorporation and identification documents. Business owners who want to register their company in the philippines need to deposit a minimum amount of capital in the bank account.

Before you start an online business make sure it is legal to operate and has the required permits and licenses. How to register online business under bir. A guide to bir dti and sec application 6 min.