Philippines Representative Office

The process for obtaining a license to transact business from the Philippines SEC to
operate a Foreign Company Representative Office in the Philippines is similar to that of the
Foreign Company Branch Office.
The required annual minimal inward remittance of funds for a Foreign Representative
Office as working capital is US$ 30,000.00 as opposed to a one time minimum remittance
of US$200,000.00 of a Foreign Branch Office as mandated by the SEC regulations. Every
year the parent company must remit at least US$ 30,000.00 to cover operating expenses.
A Representative Office of a foreign corporation may not derive income from its
operations in the Philippines. All of its operating costs must be covered by transfer of funds
from the parent company.  Usual activities allowed are dealing with the clients of the parent
company, dissemination of information, promotion of company products and quality control
of products for export. It is forbidden to offer services to 3rd parties.
A Representative Office does not pay income taxes as none of its income is derived
from the Philippines and is not qualified to apply for tax incentives with
the BOI or PEZA authorities.
Dayanan Philippines Business Consultants will assist you with the setup and registration of
your business with the relevant government agencies for a quick opening of a
representative office in Philippines.

Philippines Representative Office Requirements

1 – Application Form
2 – Name Verification Slip (A name search will be done at the SEC to determine if the
corporate name