Babalik at Babalik Ka Rin: What to Do When Travelling Back to the Philippines (for Non-OFWs and Foreign Nationals)

Do you have friends and relatives abroad who plan to come home to the Philippines but are not sure how to go about the ever-changing policies and requirements involved in overseas travel? I feel you! So, I did a rather quick and effortless research on how Filipinos abroad can process their re-entry to our countryContinue reading “Babalik at Babalik Ka Rin: What to Do When Travelling Back to the Philippines (for Non-OFWs and Foreign Nationals)”

Just Married: How to Change Your Last Name in Your IDs and Documents

After exchanging “I do’s” with your husband, it is time you start changing your last name in most (if not all) of your government IDs and documents, too.  Or do you, really? Your change in marital status must be duly reflected in your accounts with the government such as your SSS (or GSIS if youContinue reading “Just Married: How to Change Your Last Name in Your IDs and Documents”

How to Renew your Postal ID

Did you know that a Postal ID is a primary government-issued ID that is honored and accepted in almost all types of transactions with government agencies and private transactions?  If you are still using the basic postal ID plastic card, you will be given the improved Postal ID version when you renew. The improved PostalContinue reading “How to Renew your Postal ID”

How to Register Business Partnerships with the SEC

The Philippine Civil Code defines partnership as: Art. 1767. By the contract of partnership two or more persons bind themselves to contribute money, property, or industry to a common fund, with the intention of dividing the profits among themselves. In the same manner, two or more persons may also form a partnership for the exerciseContinue reading “How to Register Business Partnerships with the SEC”

How to Register Business Partnerships with the SEC

The Philippine Civil Code defines partnership as: Art. 1767. By the contract of partnership two or more persons bind themselves to contribute money, property, or industry to a common fund, with the intention of dividing the profits among themselves. In the same manner, two or more persons may also form a partnership for the exerciseContinue reading “How to Register Business Partnerships with the SEC”

How to Register Non-stock Corporations with the SEC

A non-stock corporation is formed for charitable, religious, educational, professional, cultural, fraternal, literary, scientific, social, civic service, or other similar purposes.  It does not generate profit and is exempted from income tax on donations, gifts, and grants as long as they are: Organized exclusively for any of the above-mentioned purposes and No part of theirContinue reading “How to Register Non-stock Corporations with the SEC”

How to Register Corporations and Partnerships at the SEC

To establish corporations and partnerships in the Philippines, investors or business-owners first need to have their business registered with the Securities and Exchange Commission (SEC).  It is one way of legitimizing your business in order for you to legally engage in trading shares of stocks and financial assets. There are four types of corporations, asContinue reading “How to Register Corporations and Partnerships at the SEC”

What Would You Wait In Line For?

Last Thursday, I found myself in a 90-minute line to see my obstetrician.  My high school best friend was in the area and she volunteered to accompany me while I waited for my turn.  Neither of us knew much about it but we were more than willing to endure the long wait as it gaveContinue reading “What Would You Wait In Line For?”