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Sakura Story Day 4 – Vol. 3

Published by: sakura_admin
Published Date: March 29, 2020

Establishing a company in the Philippines.

When doing business in the Philippines, it is difficult and difficult for a startup company to establish a Japanese corporation. This is because the capital needs more than 20 million yen.

My recommendation is to first register your personal business with a trustworthy person and, when you see the future, create and register a Philippine corporation. In that case, 60% of the people in the Philippines will need to be on the board, cooperation from the locals is mandatory, and at the same time it is recommended to obtain a working VISA.