In the Philippines, withholding tax is an essential part of the tax system. It requires employers and businesses to deduct a portion of an employee’s or supplier’s income before they are paid. This deducted amount is then sent to the BIR on behalf of the taxpayer. This system helps streamline tax collection and encourages people […]
Corporations play a crucial role in driving economic growth and innovation in the Philippines. Many Filipinos are interested in starting their own corporation, especially in vibrant cities like Manila and Cebu. However, before making that decision, it’s important to consider the advantages and disadvantages of a corporation. Understanding these pros and cons can make a
3 Major Advantages and Disadvantages of a Corporation in the Philippines Read More »
In the Philippines, it is essential for individuals looking for employment to obtain a Tax Identification Number (TIN). The TIN acts as a distinct identifier for taxpayers and is required for a range of financial activities, such as the handling of wages and perks. Knowledge of the prerequisites for obtaining a TIN is crucial for
3 Requirements for TIN Number for Employment in the Philippines Read More »
Do you need to quit your job but don’t know how to do it? In this article, we’ll explore seven resignation letters due to personal reasons that serve as helpful templates and also reflect sincerity and professionalism. Each sample will guide you in articulating your thoughts clearly while maintaining respect for your employer and colleagues.
4 Resignation Letters Due to Personal Reasons (Samples and Tips for Filipinos) Read More »
In a place where the air is filled with the delicious smell of sizzling street food and the sweetness of tropical fruits, starting a food business in the Philippines is not just a dream—it’s an exciting adventure waiting to happen. With its rich culinary heritage and a growing love for different flavors, the country offers
7 Simple Steps to Start a Food Business in the Philippines Read More »
As the iconic coffee and donut chain expands its footprint, understanding the Dunkin Donuts franchising cost in the Philippines is essential for aspiring Filipino entrepreneurs. With brand recognition and a dedicated customer base, Dunkin Donuts presents a promising opportunity for business-minded individuals. The potential return on investment is compelling for this small business idea, especially
2025 Dunkin Donuts Franchising Cost in the Philippines Read More »
Pet enthusiasts, lend us your ears! The Philippines, known as the Pearl of the Orient Seas, isn’t just famous for its stunning beaches and mouthwatering delicacies. It is slowly gaining recognition in a rather adorable sector: the pet care and grooming business. Have you ever imagined turning your love for animals into a lucrative enterprise
9 Advantages of a Pet Care and Grooming Business in the Philippines Read More »
If you’re looking for ideas to start a service business that will be profitable in 2023, look no further. Here are 76 service business examples in the Philippines that are sure to be successful in the next five years. As the world progresses, so do the types of businesses that are in demand. In 2023,
73 Profitable Service Business Examples in the Philippines 2023 Read More »
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