by Atty. Shelumiel Ryan Abapo, CPA | Jul 28, 2022 | Business registration
Getting your business off the ground is very important, and keeping your permits up-to-date is also essential. Companies must have valid and renewed business permits in the Philippines to continue operating. Doing so will minimize the penalties associated with...
by Atty. Shelumiel Ryan Abapo, CPA | Jun 17, 2022 | Business registration
Every employer and company in the Philippines must register their new employees. These individuals must be registered with the following government agencies: Bureau of Internal RevenueSocial Security System (SSS);Home Mutual Development Fund (HMDF) or the Pag-IBIG...
by Atty. Shelumiel Ryan Abapo, CPA | Jun 17, 2022 | Business consulting
A company secretary is a vital part of any company’s operations, as they oversee the various aspects of the company’s governance and management. In addition to acting as the company’s central point of contact, the company secretary also plays a...
by Atty. Shelumiel Ryan Abapo, CPA | Jun 17, 2022 | Business registration
The Philippines is one of the most sought-after investment locations among the Association of Southeast Asian Nations (ASEAN). During this period of intense and renewed business confidence, the country has experienced a significant increase in its global...
by Atty. Shelumiel Ryan Abapo, CPA | Jun 3, 2022 | Business registration
Before starting operations in the Philippines, a Branch Office must be registered with the Securities and Exchange Commission (SEC). To open a branch in the Philippines, the foreign company’s head office must provide proof of its legal existence, strong...
by Atty. Shelumiel Ryan Abapo, CPA | Jun 3, 2022 | Business registration
For many aspiring entrepreneurs, whether to start a sole proprietorship or a corporation, registering a business in the Philippines is daunting. A sole proprietorship offers the freedom and simplicity but not the limited liability feature of a corporation. On the...
by Atty. Shelumiel Ryan Abapo, CPA | Aug 27, 2021 | Tax
Freelancers are self-employed individuals who sell clients as independent contractors instead of entering a long-term employment relationship. These self-employed individuals are classified as “sole proprietors” and shall be called as such in this...
by Atty. Shelumiel Ryan Abapo, CPA | May 2, 2020 | Tax
Meeting tax deadlines take a considerable amount of time and resources for many business owners in Davao City. For many small business owners, managing taxes is a challenge, given the owners’ lack of expertise on how taxes are computed, but also the amount of time it...
by Atty. Shelumiel Ryan Abapo, CPA | May 1, 2020 | Accounting services, Bookkeeping
Many lawyers are not fans of numbers. But accounting and bookkeeping, no matter how numbers are frowned upon by lawyers, are critical for every law practice and law firm. Proper bookkeeping for lawyers and/or law firms not only allows for critical evaluation of the...
by Atty. Shelumiel Ryan Abapo, CPA | Apr 20, 2020 | Business consulting
Making the right strategic decisions is paramount for any business. The success of the company is dependent upon these decisions, and it is incumbent upon the business owner to make the right decisions. All these decisions require careful analysis, with consideration...
