Cost of Doing Business in the Philippines
Here are factors to consider when estimating costs of starting your business in the Philippines:
Cost of Getting Started|
Cost of Land and Rental Rates|
Cost of Living
Cost of Getting Started
Registration Fees
- » Corporations and Partnerships (Securities and Exchange Commission)
- » Incentives Availment (Board of Investments)
- » Business Name Registration-Single Proprietorships (Bureau of Trade Regulation and Consumer Protection, DTI)
- » Clark Development Corporation One-Time Fees
- » Philippine Economic Zone Authority
Tax Rates
- » Corporate Income Tax
- » Income Tax Rates as Passive Income of Domestic / Resident Corporation
- » New Taxes for Corporations under the Tax Reform Act of 1997
- » Preferential Income Tax Rates for Non-Resident Corporations
- » Individual Taxation
- » Value Added Tax
- » Stock Transaction Tax
- » Percentage Tax
- » Income Tax Rate for Special Corporation
Cost of Land and Rental Rates
Manpower Resources
- » Hours of Work
- » Work Day
- » Minimum Wage (Manufacturing Sector)
- » Fringe Benefits
- » Overtime Renumeration
- » Night-Shift Differential Pay
- » Service Incentive Leave
- » Meal and Rest Periods
- » Salaries & Wages
- » Mandatory Employment Contribution
- » 13th Month Pay
- » Social Security System
- » Philhealth
- » Home Development & Mutual Fund
Utilities
- » Electricity Rates
- » Water Rates
- » Sewerage Treatment
- » Gas and Fuel Costs
- » Telecommunication Rates
- » Internet Service Fees
Transportation
- » Ocean Freight Rates
- » Freight Rates of Domestic Vessels for Export Cargoes
- » Freight Rates for Containerized Cargoes of Local Origin / Destination
- » Freight Rates for Containerized Cargoes for Selected Results
- » Mailing Rates
- » Courier Rates (Nationwide, Door-to-Door)
Cost of Living
- » Accommodation
- » Hotel and Lodging
- » Education
- » Domestic Help
- » Restaurants / Fastfoods
- » Public Transport
- » Air Transport (Business Class)
- » Air Transport (Economy Class)
- » Cost of Selected Consumer Items
- » Shopping in Manila
- » Golf Club Membership
- » Health Care
source: Department of Trade & Industry