Our all-in-one service is meticulously designed to navigate the complexities of establishing and managing a domestic stock corporation in the Philippines, with the added benefit of a dedicated Virtual Assistant (VA) for full-time support. Here’s a breakdown of the key services we offer:
3. Shares in Trust for the Client:
We ensure that these three (3) stockholders maintain the client's shares in trust, executing and maintaining declarations of trust as necessary.
1. Incorporation of Domestic Stock Corporation:
We assist clients with the entire process of incorporating a domestic stock corporation, offering guidance through the necessary procedures with the Securities and Exchange Commission (SEC).
2. Appointment of Incorporators, Stockholders, and Directors:
Our service includes facilitating the selection and appointment of three (3) Filipino citizens as incorporators, stockholders, and directors, ensuring alignment with Philippine corporate laws and regulations.
4. Transfer of Shares to Client’s Designated Trustee:
Post-incorporation, we assist in the transfer of shares from the initial stockholders to the client’s designated trustee, adhering to all applicable laws and regulations.
5. Assistance in Share Transfer:
Our team provides support and guidance in transferring shares, ensuring compliance with all legal and regulatory requirements. Any costs associated with this transfer will be borne by the client.
6. Assistance in Acquiring a Corporate Bank Account:
We aid clients in establishing a corporate bank account, compiling and submitting the necessary documents while ensuring compliance with local banking regulations.
7. Assistance in Acquiring a Personal Bank Account:
Our service extends to helping clients open a personal bank account, providing guidance on procedures and ensuring adherence to local banking laws.
8. Assistance in Complying with Freeport Zone Requirements:
We support clients in meeting Special Economic Zone regulations for tax exemption and other incentives, ensuring proper documentation is prepared and submitted.
In addition to these comprehensive services, we provide a Virtual Assistant (VA) on a full-time basis to ensure seamless ongoing management. This includes continuous support, handling administrative tasks, ensuring local compliance, and coordinating with your teams. Our dedicated VA acts as your right hand, streamlining operations and managing complexities, allowing you to focus on the broader aspects of your business and lifestyle within the Philippines.
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