InCorp Philippines – Blogs

Our blog section features original articles on finance, foreign investments, industry updates, entrepreneurship, and other business topics for people who want to gain knowledge on the Philippines’ business environment and economic profile.

Our articles also provide valuable insights on best practices in doing business in the Philippines for local and foreign entrepreneurs looking to set up operations in the country.

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Six Strategies to Effectively Hire and Manage Your Offshore Staff in the Philippines

Offshore Staffing gives employers the chance to build a global dream team. However, managing remote staff presents some unique challenges. The lack of face-to-face contact can lead to trust and communication issues.

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Types of Virtual Currencies Used in the Philippines: Cryptocurrencies, Blockchain, and Wallets

Virtual currency has the potential to empower millions of unbanked people in the Philippines. Currently, only 22% of Filipinos have a bank account. The main obstacles are a lack of documentation and insufficient funds.

Tax Season Philippines
7 Tips on How to Avoid the Stress of Tax Season in the Philippines

A recent survey of 600 small businesses revealed that taxes are their number one challenge. Tax preparation can be very time-consuming, averaging 181 hours to file a return in the Philippines. Luckily, there are some strategies to make tax preparation less costly and time-consuming.

How to Renew Your Business Permits in the Philippines

It’s almost that time of the year again, the time where business proprietors and entrepreneurs need to get ready for a new year of operations. And with the approach of January comes not only the glittering fireworks and the wishful New Year’s resolutions but also the duties of filing of tax documentation, and of course the renewals of business permits.

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The Benefits of Hiring a Professional Employer Organization (PEO) in the Philippines

Professional employer organizations (PEOs) offer businesses an alternative to in-house HR management. In this co-employment model, a company’s employees are hired by the PEO and then leased to the client.

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Complete List of the Major Reforms from the Ease of Doing Business Law in the Philippines

To boost global competitiveness and attract more local and foreign entrepreneurs, the government of the Philippines passed the Ease of Doing Business Act of 2018 (Republic Act 11032) on May 28, 2018.

Visa-free Countries for Philippine Passport Holders
Visa-free Countries for Philippine Passport Holders

International travel has never been more accessible for Filipinos. According to the Global Passport Index, the Philippine passport is stronger than ever, ranking 64th worldwide.

Ultimate Guide - Retirement Philippines
The Ultimate Guide on How to Secure a Retirement Visa in the Philippines

Most people would love to retire in paradise. With its tropical climate, beautiful beaches, and low cost of living, the Philippines is ideal. Forbes named the Philippines one of the best places to retire abroad in 2019. Beyond its obvious advantages, Forbes noted that the Philippines has one of the easiest residency programs for retirees.

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Philippine IT-BPO Industry Expected to Grow Through 2022

In 2017, the Philippine information technology-business process outsourcing (IT-BPO) industry grew 12.3 percent and generated US$ 22.1 billion in revenue. Growth is expected to continue through 2022, according to the Information Technology and Business Process Association of the Philippines (IBPAP).

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Starting a Fintech Company in the Philippines: The Ultimate Guide

Witnessing the disruption that the Financial Technology (FinTech) community has brought to the banking and finance industries of the world’s largest economies, leading traditional banks in the Philippines are welcoming FinTech companies to inspire collaboration in making financial transactions more efficient and consumer-friendly.

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Why Hire an Employer of Record from the Philippines?

Utilizing the services of an Employer of Record (EoR) from the Philippines enables a client or company to cost-effectively outsource their tax compliance, human resource management, salary compensation, benefits administration, and payroll processing to minimize legal and tax burdens from their enterprise.

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