The Philippines BIR mission, vision, principle and values

I just finished my two articles about the registration of a business / corporation in the Philippines. In collecting important data to support my articles, I have visited the website of the Bureau of Internal Revenue (BIR), the government agency (under the power of the Department of Finance) which is responsible for the collection of the internal revenue taxes of the Philippine government. As every organization has its own core principles, mission, vision and values, the agency also has its own. They are published in the BIR “about us” webpage that caught my strong attention. You can read them below: Read more

How to register a corporation in the Philippines (SEC)

So you have already decided to register a corporation? If you’re not yet sure, then you might need to read our article about the advantages and disadvantages of forming a corporation over sole proprietorship and partnership. But if you have already finalized your decision and you believe it is best to incorporate your business, you need to follow the following basic steps in registering a corporation with the Philippines (SEC) Securities and Exchange Commission.

1. Verify and reserve your Corporate Name

If you already got the perfect name for your business to be incorporated, you need to verify it immediately and have it reserved before others take it. You can verify the availability of your proposed name and reserve it online at the SEC-iRegister website, a quick, affordable, and user friendly service that is available to the public 24 hours a day, 7 days a week. There, you need to register and have your username and password to be able to log in. Once logged in, you can verify your desired name if it’s still available. If it’s still available, you can pay the reservation pay and get a Name Verification Slip. The slip is submitted together with the other requirements. Read more

How to register thy business in the Philippines

How to start and register your business in the Philippines? You maybe landed on this page in search for the answer of that question. Having a business that earns substantial profit is a dream for everyone. On the other hand, having a legitimate business that shares income with the government is a noble one. There are four common forms of business in the Philippines. They are sole proprietorship, partnership, corporation and cooperative. Each form of ownership may have a different process of registration. The following are the government agencies that you must deal with to legitimize your ideal business. Read more

Content is king, living in a marketing castle

Content is king. No, it’s the SEO and marketing. Over the years, these are the arguments of many website and online marketing geeks. And my standing is… content is still the king, with his marketing castle. Why I am telling this? It is because internet marketing is a broad thing. It consists of not only promotion, but it is also and importantly composed of content quality, website efficiency and cost of use. These elements combined, form a royal family, and which “content” is still the leader.

Why promotion is not the king? There are tons of website owners who spend a lot of dime in site promotion like online advertising and search engine optimization, but still a majority of them don’t succeed. And to take a note, those few websites that contain quality contents are the only ones who gain long-term success. Expensive advertising may bring you thousands of visitors during the promotional stage of your site. But this doesn’t mean it will be the scenario as time goes by. It will still depend on the other three factors namely ease of use, cost of use and content quality. The traffic brought by promotion may only pass once and may never come back again if visitors realized the poor quality of a website. Read more

Business management tip: Directing people in an organization

Directing is considered as the most humane function of management. It is also called as the heart of management. This function involves influencing human behavior through motivation, communication, coaching, leadership, discipline, development of interpersonal skills and assistance for the achievement of individual’s personal goals. In this function, managers are transforming into good leaders – that is, they are considering not only the organizational goals but also the personal objectives of their people. Directing tries to align the future of the organization and its people. The philosophy behind this is that, the organization cannot be considered as successful if its members are failing. Read more

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