Fees and timelines

Fees

Pay fees by installments. Philippines business registration costs in Year 1 amount to US$4,850 and annual company costs in Year 2 and thereafter amount to US$0. The average fee per engagement amounts to US$21,850, which includes company registration, company secretary fee, and corporate bank account opening. Refer to draft invoice embedded in the icon below:

Different Philippines entity types Cost Draft invoice
Branch of a foreign companyUS$25,410View
Joint stock company (JSC)US$21,850View
Free zone companyUS$17,750View
Representative officeUS$20,900View
Holding company (regional non operating headquarters)US$15,150View
Holding company (regional operating headquarters)US$20,510View
Private foundation (non stock company)US$20,490View
Sole proprietorshipUS$10,500View
Commercial agencyUS$14,600View
One person corporation (OPC)US$24,473View
2 person corporationUS$21,850View
Regional HQUS$22,850View

Click here to create your own Philippines invoice

Select the services you require and get the total fees at end of this table:

Select Service Fee (US$) Frequency
JSC Company incorporation (without travel)4,850One time
Philippines corporate bank account opening (without travel)4,950One time
Resident director services4,000Annually
Residence and employment visa3,950One time
Nominee corporate shareholder services2,100Annually
Year end accounting and tax fees4,950Annually
Monthly bookkeeping service (estimate)950Monthly
Offshore corporate bank account opening4,950One time
Corporate merchant account approval4,450One time
Corporate brokerage account approval2,950One time
Find local office premises for your staff4,950One time
Business website building2,500One time
Phone answering service900Annually
Office mail service900Annually
Fax forwarding service600Annually
Business stationery design with logo950One time
Monthly payroll for staff550One time
Staff recruitment7,950One time
Trademark registration4,950One time
Find an apartment for your staff4,950One time
Find corporate finance5,000Retainer fee
M&A advisory5,000Retainer fee
Total fees (US$)0

Other fee considerations

Timelines

The average Philippines engagement period is 16 weeks as outlined below. For detailed timelines, refer to the Philippines business registration engagement period timeline.

Services JSC Free zone company Branch Representative office Regional headquarters Regional operating headquarters Sole proprietorship Foundation
Engagement Planning1 week2 weeks1 week1 week1 week1 week1 week1 week
Company incorporation2 months2 months2 months2 months2 months2 months3 weeks12 weeks
Bank account approval2 months2 months2 months2 months2 months2 months2 months2 months
Internet banking approval2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week1 week1 week1 week1 week1 week
Total engagement period4-5 months5 months4-5 months4-5 months4-5 months4-5 months3-4 months6 months
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Contact us

For more info on USA company registration, please contact our expert directly:

Mr. Petar Chakarov
Senior Manager, Sales & Business Development