Last March 16, 2019, the lawyers of Nonato Nonato Nonato-Luciano & Luciano Law Offices conducted a legal seminar on the new laws: the Tax Amnesty Law, the Revised Corporation Code, 105-Day Expanded Maternity Leave Law and the SSS Act of 2018. The seminar was held in Palmbeach Resort and Spa. To know more about the seminars the firm will be conducting in the future, please send an email to roselle.jean@nonatolaw.com. #legalseminar #cebulawyer #CebuBusiness #cebulawoffice #Cebu

President Duterte signed into law Republic Act No. 11232 or the Revised Corporation Code which promises to improve the ease of doing business in the Philippines. Among the notable changes are the following: A single person may now organize a corporation. A corporation with only one stockholder is called a One Person Corporation. A corporation now has perpetual existence unless provided otherwise in its articles of incorporation. A corporation whose term has expired may now ap

The Tax Reform for Acceleration and Inclusion (TRAIN) Law, otherwise known as Republic Act No. (RA) 10963, became effective last January 1, 2018. Pursuant to this, the Bureau of Internal Revenue (BIR) has issued Revenue Memorandum Circular (RMC) 105-2017 releasing the new withholding tax table on compensation effective January 1, 2018 to December 31, 2022. Under RA 10963, those with an annual income of Php250,000 and below or approximately a monthly income of Php20,833 and be

1. What are the various structural options that I could choose from when setting up a business in the Philippines? You may set up your business under one of the following organizational structures: (1) single proprietorship, (2) partnership, (3) corporation, (4) branch office, (5) representative office, (6) regional headquarters, or (7) regional operating headquarters. 2. Can a foreign investor fully own a business entity? Yes, a one hundred percent (100%) foreign equity may

Cebu (/sɪˈbuː/, /siːˈbuː/ or /sɛˈbuː/; Cebuano: Lalawigan sa Sugbo, Filipino: Lalawigan ng Cebu) is a first income class island province of the Philippines located in the Central Visayas region, and consisting of the main island itself and 167 surrounding islands and islets. Its capital is Cebu City, the oldest city and first capital of the Philippines, which is politically independent from the provincial government. Cebu City forms part of the Cebu Metropolitan Area together