Pawnshops help Filipinos to have an additional source of credit, especially the small borrowers who can’t obtain loans from banks, credit cooperatives, lending companies, and other financial institutions in the country. For people who need instant money to satisfy their emergency … [Read more...]
The Anti-cybercrime Law in the Philippines
On September 12, 2012, President Benigno “Noynoy” Aquino III has signed and approved Republic Act No. 10175, known as the “Cybercrime Prevention Act of 2012" or commonly known by the netizens as the Anti-cybercrime Law in the Philippines. The Act is a consolidation of House Bill … [Read more...]
Tax in the Philippines
The tax system in the Philippines is quite difficult to grasp by small and medium business owners, professionals and other income earners, especially if they don’t have any basic knowledge in accounting and taxation. For big companies and corporations, they have the money to hire … [Read more...]
Closing a Sole Proprietorship Business in the Philippines
A single or sole proprietorship is a type of business based on ownership that is owned by a single person who has full control and authority on his or her business. The owner is called proprietor or proprietress and he or she owns all the assets and equity of the business. The … [Read more...]
How to Register Your Business with the SSS
The Philippine government is bound to protect the welfare of employees and workers in the country. That is why through labor and social security laws, it mandates and obliges businesses and employers to ensure that their hired employees or laborers are covered by viable … [Read more...]
How to Close a Business in the Philippines
Starting, formalizing, legalizing, and registering a business in the Philippines could take time depending on the type of your company. But if the process of business registration takes time, business closure or cessation is even more difficult and could take longer time to … [Read more...]
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