2023-2024
The Philippine government is actively working towards fully reopening the economy and welcoming more foreign direct investments. Recent consecutive reforms in Philippine business laws have significantly eased the process of doing business in the country.
Key initiatives include the passage of the CREATE Act, amendments to the Foreign Investment Act, Retail Trade Liberalization Act, and the Public Service Act, as well as the approval of the 2022 Strategic Investment Priority Plan (SIPP).
The Doing Business in the Philippines handbook is designed to provide both local and foreign entrepreneurs with a practical guide to navigating the evolving business landscape in the country. It offers information on the requirements for setting up and operating a business in the Philippines, including incentives under special registrations, taxation, employment, IP, dispute resolution, and industry-specific regulations.
