EFFECTIVITY OF THE SEC RULES AND REGULATIONS OF THE FINANCIAL PRODUCTS AND SERVICES CONSUMER PROTECTION ACT OF 2022
N O T I C E Subject:EFFECTIVITY OF THE SEC RULES AND REGULATIONS OF THE FINANCIAL PRODUCTS AND SERVICES CONSUMER PROTECTION ACT OF 2022 Please be informed that the SEC Rules and Regulations of the Financial Products and Services Consumer Protection Act of 2022 (“SEC FCPA IRR”),as provided under SEC Memorandum Circular No. 5, Series of 2023, took effect on 14 […]
To Subscribe for a Virtual Office or Rent a Physical Office Space – Which is better?
Did you know that subscribing for a Virtual Office means that you get to customize your needs, which means you can choose from several packages from a Virtual Office provider that matches your company’s needs such as: business address, call answering, meeting rooms, etc. Also, did you know that you would need to consider 5 […]
Why Outsource in The Philippines
Outsourcing has become a popular trend in the business world, and the Philippines has emerged as a major destination for outsourcing services. The country has established itself as a hub for outsourcing services, offering a wide range of services at competitive prices. With a highly educated workforce and a favorable business climate, outsourcing in the […]
Tan Hassani and Counsels Assist LEASCOR’s Acquisition of Two New Aircrafts
With the assistance of Tan Hassani and Counsels, LEASCOR a Clark based charter airliner has acquired two ATR72-500s. The ATR 72-500 is a twin-engine turboprop aircraft designed and manufactured by ATR (Avions de Transport Régional), a joint venture between Airbus and Leonardo. With a maximum seat capacity of 74 passengers, the ATR720-500 is one of the […]
Top Reasons Foreigners Experience Difficulty Setting Up Their Business in The Philippines
Did you know that Filipinos have an affection when it comes to Western culture and their products? Yes, that’s the reason why foreigners have an easy time adjusting in the Philippines compared to other Southeast Asian countries. Well, what is so good about the Philippines that foreigners are setting up their business in this country? […]
Who are the Top 10 Virtual Assistant Hub for Filipinos
Did you know that there are multiple Virtual Assistant companies in the Philippines? Well, the reason is because the Philippines is one of the top providers of virtual assistants worldwide due to its increasing outsourcing industry and Filipinos have unique skills which makes them fit for virtual assistants. Since the Philippines is one of the […]
Philippines – Your Top Destination for Outsourcing
Did you know that BPO companies in the Philippines employ more than 2 million people? That’s right, The Philippines is a strong competitor when it comes to global BPO companies such as the call center industry. But first, what is outsourcing? Outsourcing shifts tasks, operations, jobs, or it is processed to an external workforce by […]
Modes of Outsourcing/Offshoring to the Philippines A comparative table on foreign business registration in the Philippines: Representative Office vs. Ordinary Stock Corporation
Modes of Outsourcing/Offshoring to the Philippines A comparative table on foreign business registration in the Philippines: Representative Office vs. Ordinary Stock Corporation This article is prepared by and a product of Kerwin K. Tan, managing partner of TAN HASSANI & COUNSELS Law Offices, and is not to be construed as legal advice or create an […]
Philippine Transfer Pricing and Related Party Transactions (Domestic and/or Foreign)
FOR GENERAL INFORMATION PURPOSE ONLY The following is a discussion on Related Party Transactions or “RPT” (Domestic and/or Foreign) and in relation to the submission of BIR Form No. 1709 (hereinafter, the “RPT Form”) and its supporting documents. This is based the Revenue Regulation No. 19-2020 as amended (hereinafter, the “Regulation”) of the Bureau […]
Modes of Doing Business in the Philippines for Foreign Investors
A comparative table on foreign business registration in the Philippines: Foreign Branch Office vs. Representative Office vs. Ordinary Stock Corporation vs. One Person Corporation This article is prepared by and a product of Atty. Kerwin K. Tan, managing partner of TAN HASSANI & COUNSELS Law Offices, and is not to be construed as legal advice […]
