Starting a business in the Philippines just got easier. Whether you’re a Filipino entrepreneur or a foreign investor, Davao Accountants offers an all-in-one business registration package that includes everything you need—from SEC registration to opening a Wise business account.
We make the entire process 100% remote, cost-effective, and fully compliant with Philippine regulations.
Summary:
- Complete business registration with SEC, BIR, and local business permits
- Wise business bank account setup in your company’s name
- Provision of a Philippine virtual business address for all registration purposes
- Appointment of Corporate Secretary and Authorized Representative in the Philippines
- Remote service with expert guidance and real-time updates
Why Start a Business in the Philippines?
The Philippines is an emerging hub for startups, remote teams, e-commerce, and offshore operations. It offers:
- A young, English-speaking workforce
- Low operational costs compared to Western markets
- Access to Southeast Asia’s booming digital economy
Whether you’re incorporating a domestic company or a foreign-owned entity, compliance is critical—especially when dealing with agencies like the Securities and Exchange Commission (SEC) and Bureau of Internal Revenue (BIR).
This is where Davao Accountants simplifies everything for you.
Our All-in-One Registration Package
Davao Accountants provides a turnkey solution to get your business off the ground fast—no red tape, no guesswork.
1. SEC Company Registration
We handle your corporate formation from start to finish:
- Name reservation
- Drafting of Articles of Incorporation and By-Laws
- Upload and filing via SEC’s eSECURE system (remote processing)
- Appointment of the Corporate Secretary and Authorized Representative
- Coordination until your SEC Certificate of Incorporation is issued
2. Use of Philippine Virtual Address
Don’t have a local office? We provide a compliant business address in Davao City:
- Accepted by SEC, BIR, and LGU
- Can be used for all legal and regulatory registrations
- Optional mail handling and scanning services available
This service is perfect for remote companies, startups, and foreign investors testing the Philippine market.
3. BIR Registration
After your SEC Certificate is released, we’ll proceed to register your company with the Bureau of Internal Revenue, including:
- Filing of BIR Form 1903 and issuance of TIN
- Application for the Certificate of Registration (COR)
- Books of accounts registration
- Authority to Print (ATP) for official receipts
- Coordination with a BIR-accredited printer
4. Local Business Permit and Barangay Clearance
We also ensure your business is compliant with the local government unit (LGU):
- Barangay clearance application
- Mayor’s permit and occupancy permit processing
- Compliance with fire safety, sanitation, and zoning requirements
You’ll be fully authorized to legally operate in your chosen location in the Philippines.
Add-on Services to Complete Your Business Setup
Corporate Secretary
We appoint a Filipino Corporate Secretary, as required by law, to help maintain your company’s legal records and governance:
- Preparation and filing of board resolutions
- Drafting of minutes of meetings
- Annual filing with the SEC and other compliance documentation
Authorized Representative in the Philippines
All corporations must designate an Authorized Representative who is a local resident. This individual serves as your official signatory and liaison for government transactions and receives official notices from regulatory agencies.
Davao Accountants provides this essential role for businesses that don’t yet have local executives or team members.
Seamless Business Bank Account via Wise (formerly TransferWise)
One of the most challenging steps in Philippine incorporation—especially for foreign entities—is opening a business bank account. Traditional banks require physical presence and strict documentation.
With Davao Accountants and Wise, you bypass these limitations.
We facilitate:
- Opening of a Wise business account remotely
- Account verification and onboarding
- Multicurrency support (PHP, USD, EUR, AUD, etc.)
- Invoicing and payments via your company’s legal name
With Wise, you gain a global business account with real-time exchange rates, low fees, and complete flexibility.
Who Can Benefit From This Service?
Our business registration + Wise setup package is ideal for:
- Foreign startups and entrepreneurs entering the Philippine market
- Digital nomads or remote-first companies looking for a legal Philippine entity
- E-commerce sellers or dropshippers requiring a Philippine bank account
- BPO operators and outsourcing firms wanting to hire Filipino talent compliantly
- Professional service firms setting up back offices in the Philippines
Whether you’re a solo founder or part of a growing team, we provide all the local support you need.
Why Partner with Davao Accountants?
We are more than a service provider—we are your local business compliance partner. Davao Accountants is powered by Smartual Philippines Enterprises, Inc., a Davao-based business consulting firm helping SMEs and international companies thrive in the Philippine business landscape.
When you choose us, you get:
- A single point of contact for incorporation, tax, payroll, and more
- Remote processing—no need to fly into the country
- A team of CPAs, tax lawyers, and corporate experts
- Full compliance assurance with SEC, BIR, and LGU regulations
- Future support for payroll, bookkeeping, and tax compliance
We take care of the paperwork, permits, and compliance, so you can focus on building your business.
What Our Clients Say
“Davao Accountants helped us register our corporation completely online. They handled all permits and opened our Wise account fast. Couldn’t be happier.”
— David H., CEO of an E-Commerce Brand, USA
“Their team understood our needs as a foreign company and assigned a Corporate Secretary and Authorized Representative right away. Seamless and stress-free.”
— Ana L., Operations Manager, Australia
Frequently Asked Questions
Q: Can a foreigner fully own a Philippine corporation?
Yes, as long as the business is not restricted under the Foreign Investment Negative List. We’ll assess your business and guide you on ownership structure.
Q: Is the Wise account treated like a regular business bank account?
Yes. Wise allows you to hold, send, and receive funds in multiple currencies under your business name. It’s an excellent alternative to traditional Philippine banks, especially for foreign-owned companies.
Q: Is physical presence required during registration?
No. With our use of SEC’s eSECURE system and our authorized representatives, we can handle the registration 100% remotely.
Q: How soon can I start operating after registration?
Typically within 4 to 6 weeks, depending on document completion and agency timelines. We provide a clear timeline and regular progress updates.
Get Started With Davao Accountants Today
Davao Accountants makes company formation in the Philippines simple, compliant, and remote-ready.
Our package includes:
- SEC, BIR, and Business Permit registration
- Virtual business address
- Appointment of Corporate Secretary and Authorized Representative
- Business bank account setup via Wise
Contact us today for a free consultation and start building your Philippine company—no red tape, no in-person appearance, no hassle.
📧 support@davaoaccountants.com
