Dumaguete Info Search


How to start business in Dumaguete?

Discussion in 'Dumaguete City' started by SkipJack, Jan 27, 2019.

  1. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

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    Surely the secret to exporting goods is to find good quality at a low price. Generally, in competitive terms, low price means paying low wages (it could also mean low cost materials but sometimes they can be the same price in different countries) - this is a low-wage country. Perhaps people need to look more closely to see the opportunities.

    Also, if you look around you will see businesses with foreign-connections (perhaps foreigner married to Filipino) which are very successful. It can be done.
     
  2. fioreke

    fioreke One Hit Wonder?

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    Hi SkipJack, I''m verifying the same matter. I don't if you already resolved. About your post, you're right. I had a meeting with a law firm in Manila. I'm going to Dumaguete in the next days to visit the area.ì with my husband. We're Italian. If you still there it will be great meet or talk to share the info. Or you prefer we can chat. let me know. Cheers
     
    Last edited: Jul 1, 2019
  3. Glendazumba

    Glendazumba DI Forum Adept

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    So you intend to put up a call center/bpo in the Philippines? That is very good. The Philippine government had been encouraging investors to come and start their business here. That is why we already see the proliferation of enterprises owned and managed by expats or foreigners. I don't think that is a problem. In fact, it would greatly help our economy. The first thing you need to do is to register your business with DTI or the Department of Trade & Industry located across Scooby's near Lee Plaza. DTI is on the second floor of that building that houses a branch of BPI bank that is across Scooby's. Usually, the fee to have your business name registered is only around Php 300.00. Do you already have a name for your business? Also, getting a DTI certificate of registration is easy. You can even wait for it. After that, getting the Mayor's permit would require such documents as residence certificate (also easy to secure) and maybe ID pictures, etc.
     
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  4. Edward K

    Edward K DI Senior Member Veteran Navy

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    This info may be wrong, i only drive by this sometimes, but if you go up first street, which is on the north side of City Mall on the north side of Duma, i believe the third house on the right houses co-working spaces, a hundred meters or so...
     
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  5. OP
    OP
    SkipJack

    SkipJack DI Senior Member

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    The Philippine Corporations Code was revised last February 20, 2019. The Philippines was dropping on the ease of doing business world ranking so they updated their corporate code to be more like most other countries.

    Information on the Internet can be confusing because most of the references are to the old law.

    High Points:
    1) One person corporation is allowed. Used to be five minimum.
    2) No minimum stock requirement.

    Link to "FAST FACTS: How the new Corporation Code makes business easier"
    https://www.rappler.com/business/22...ut-new-corporation-code-makes-business-easier

    Here is the link to the text of the law.
    https://www.officialgazette.gov.ph/downloads/2019/02feb/20190220-RA-11232-RRD.pdf
     
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  6. IggyPop

    IggyPop DI Member Showcase Reviewer

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    I think that will see a big improvement for small business startups in Ph.
     
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