REPRESENTATIVE OFFICE

Registration of a Representative Office in the Philippines

One of the business structures that a foreign corporation can establish in the Philippines is a

Representative Office. This type of company formation can only undertake information dissemination,

promote the parent company's products, and provide quality control of the products. It cannot generate

revenue in the Philippines and can only deal with the clients of its parent company. One of the

requirements in securing a license to do business as a representative office is a proof of initial inward

remittance in the amount of US$30,000.00. Every year thereafter, the head office must remit the same

amount of US$30,000.00 to cover operating expenses of the representative office.

THE REQUIREMENTS

Aside from the proof of inward remittance, the other requirements for the registration of a representative

office in the Philippines are as follows:

SEC Form F-104;

Name verification slip;

Registration Data Sheet;

Authenticated copy of the board resolution authorizing the establishment of the office, designating the

resident agent, and stipulating that in the absence of the agent summons and other legal processes may

be served to the SEC;

Authenticated Financial Statements of a date not exceeding one (1) year immediately prior to the

application certified by an independent CPA from the home country;

Affidavit of solvency;

Authenticated articles of incorporation; and

Resident Agent's acceptance of appointment (this is not necessary if the resident agent is the one who

will sign the application form).

After the SEC issues the Certificate of Registration, the registration with the following government

agencies must be done chronologically.

BIR;

SSS;

PhilHealth; and

Mayor's Permit.

Registration of a Representative Office in the Philippines

One of the business structures that a foreign corporation can establish in the Philippines is a

Representative Office. This type of company formation can only undertake information dissemination,

promote the parent company's products, and provide quality control of the products. It cannot generate

revenue in the Philippines and can only deal with the clients of its parent company. One of the

requirements in securing a license to do business as a representative office is a proof of initial inward

remittance in the amount of US$30,000.00. Every year thereafter, the head office must remit the same

amount of US$30,000.00 to cover operating expenses of the representative office.

THE REQUIREMENTS

Aside from the proof of inward remittance, the other requirements for the registration of a representative

office in the Philippines are as follows:

SEC Form F-104;

Name verification slip;

Registration Data Sheet;

Authenticated copy of the board resolution authorizing the establishment of the office, designating the

resident agent, and stipulating that in the absence of the agent summons and other legal processes may

be served to the SEC;

Authenticated Financial Statements of a date not exceeding one (1) year immediately prior to the

application certified by an independent CPA from the home country;

Affidavit of solvency;

Authenticated articles of incorporation; and

Resident Agent's acceptance of appointment (this is not necessary if the resident agent is the one who

will sign the application form).

After the SEC issues the Certificate of Registration, the registration with the following government

agencies must be done chronologically.

BIR;

SSS;

PhilHealth; and

Mayor's Permit.