Fees and timelines

Fees

Pay fee by instalmentsPhilippines business registration costs in Year 1 amount to US$5,350 and annual company costs in Year 2 and thereafter amount to US$0. The average fee per engagement amounts to US$18,050, which includes company registration, company secretary fee, and corporate bank account opening. Refer to draft invoice embedded in the icon below:

Different Philippines entity typesCostDraft invoice
Branch of a foreign companyUS$22,510Philippines branch invoice
Joint stock company (JSC)US$18,050Philippines JSC invoice
Joint stock company with nominee servicesUS$26,310Philippines JSC invoice with nominee services
Joint stock company with employment visaUS$20,000Philippines JSC invoice with visa
Free zone companyUS$17,750Philippines ROH invoice
Representative officeUS$18,850Philippines RO invoice
Holding company (regional non operating headquarters)US$15,150Philippines RAH invoice
Holding company (regional operating headquarters)US$20,510Philippines ROH invoice
Private foundation (non stock company)US$20,490Philippines private foundation
Sole proprietorshipUS$10,500Philippines sole proprietorship invoice

Other fee considerations

Click here to create your own Philippines invoice

Timelines

The average Philippines engagement period is 16 weeks as outline below.

ServicesJSCFree zone companyBranchRepresentative officeRegional headquartersRegional operating headquartersSole proprietorshipFoundation
Engagement Planning1 week2 weeks1 week1 week1 week1 week1 week1 week
Company incorporation8 weeks9 weeks8 weeks8 weeks8 weeks8 weeks3 weeks12 weeks
Bank account approval4 weeks4 weeks4 weeks4 weeks4 weeks4 weeks2 weeks4 weeks
Internet banking approval2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks2 weeks
Engagement completion1 week1 week1 week1 week1 week1 week1 week1 week
Total engagement period16 weeks18 weeks16 weeks16 weeks16 weeks16 weeks9 weeks20 weeks

philippines business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Philippines, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi