One of the most common dilemmas of aspiring entrepreneurs when starting their small business is choosing the best form of company they should register. In the Philippines, the two most common forms or types of business are sole proprietorship and corporation. There are also … [Read more...]
How to Compute Income Tax in the Philippines (Single Proprietorship)
How to compute annual income tax in the Philippines for self-employed individuals, such as proprietors and professionals? Computing income tax expense and payable is different for individuals and corporations. Taxable corporations may be taxed using a fixed income tax rate. On … [Read more...]
How to Register Business Name with DTI Philippines
How to register your business name with the Department of Trade and Industry (DTI) in the Philippines? If you are planning to establish a business, a trade name is an essential part of your business existence. That is why you should take time for brainstorming to come up with a … [Read more...]