If you are a foreigner and you would like to work in the Philippines then it's a must for you to know the new guidelines for foreign nationals. Foreign Nationals who will engage in work outside of an employment arrangement are required to secure a Special Working Permit (SWP).For professional related work or services that … Continue reading Are you a Foreign National? Do you want to work in the Philippines?
Tag: Tax Requirements
The 3 Common Taxes that YOU need to KNOW.
The common Taxes, applicable to taxpayer, that you need to know are (1) Value Added Tax (VAT) or Percentage Tax (PT), (2) Expanded Withholding Tax (EWT), and (3) Income Tax. However, additional taxes may apply if there are related transactions such as the following: (1) Withholding Tax on Compensation (WTC) or most commonly know as … Continue reading The 3 Common Taxes that YOU need to KNOW.
The BIG Idea – Part II
Unless you are planning to do business under your name, you will need to file a business name. This filing entitles you to do business under that name. However, make sure that your business name is unique and it doesn't violate any intellectual property laws (e.g. trademarks). Check out Department of Trade and Industry (DTI) and … Continue reading The BIG Idea – Part II