Ten Year-End Tax Considerations for Entrepreneurs
As the year comes to a close and as everyone becomes busy with Christmas shopping, now is a good time to revisit the top ten tax-related considerations before you close the books of the calendar year. After all, sweating them now will give you (or…
4 Simple Steps to Register Your Business in the Philippines – Part 2
In the previous post, we talked about the four simple steps to register your business in the Philippines. Quick review – Step 1: Register with the appropriate government agency; Step 2: Apply for business permit and license from the City or Municipality where your business…
How to Compute for Salaries, Wages and Benefits Part 2: Overtime Pay
In a labor code based on the principle of an 8-hour working period, an overtime pay would just mean to refer to the additional compensation to any worker for having to work in excess of eight (8) hours as mandated by law. But as not…
How to Compute for Salaries, Wages and Benefits Part 1
If you already have experienced working in a certain company or are presently working in one for more than a month, then you already know what a basic payslip is, which is equivalent to every worker’s bi-monthly wage. If you have not, then this computation…
4 Simple Steps to Register Your Business in the Philippines
Filipinos are known to be entrepreneurial. Perhaps due to constant dire straits, they are forced to come up with more creative ways of surviving. The informal sector abounds in the Philippines. Our streets are living proof of this entrepreneurial spirit. More often, many forgo formalizing…
How an Annual Check-up can Fool-proof your Business
In order to ensure that we are in the pink of health, an annual visit to the doctor for a thorough check up is a must. The same imperative routine goes for your business. A regular check-up on the performance and status of your business…
