Regional Operating Headquarters (ROHQ) (Section 2(3), RA No. 8756) means a foreign business entity which is allowed to derive income in the Philippines by performing certain qualifying services to its affiliates, subsidiaries or branches in the Philippines, in the Asia-Pacific Region and in other foreign markets. It is a special entity allowed in the Philippines that is entitled to certain incentives and privileges. Find out its features, implications, and taxability.

A BRANCH is a local operation in the Philippines of the foreign company. It is a mere extension of the parent’s legal entity abroad and as such, liabilities in the Philippines incurred by the branch accrues to the parent so that in case of financial insufficiency, the parent abroad may be required to make good of the deficiency. They cannot conduct regular business in the country without a license to do business issued by SEC. How is it registered with SEC?

Background

In the Philippines, a corporation is its version of a limited liability company (LLC) in Europe. Stockholders or investors are, generally, liable only to the extent of their shareholdings, save under certain exceptions like in piercing the veil of corporate entity under certain instances. Securities and Exchange Commission (SEC) is the government agency lodged with [...]

Philippines has lot to offer. Aside from the lovable tropical climate, many multinational companies have proven that Philippines is a quite considerable location for expansion and good business endeavors. For the purpose of doing business in the Philippines, a selection of the appropriate entity that will engage such endeavors seems to be great importancefor [...]