Partners are personally liable for
the firm’s debts & liabilities. Unlike corporations, annual
meetings aren’t mandatory
Limited
Partnership At least one partner has unlimited liability. The other partners have limited
liability. Limited
Liability
Partnership Partners’ personal assets can’t be used to recover debts. They aren’t shielded
for personal acts.
General
Partnership
At least one partner has unlimited liability. The other partners have limited
liability
Limited
Partnership
Partners’ personal assets can’t be used to recover debts. They aren’t shielded
for personal acts
Limited
Liability
Partnership
Owners of the company
Shareholders
Run the company and are responsible for the
company’s overall management
Directors
Carry out the board of directors’ decision and handle day-to-day management of the company.
Officers
Through commercial and government banks (i.e. Land Bank of the Philippines & Development
Bank of the Philippines
Accessible and convenient
Through commercial and government banks (i.e. Land Bank of the Philippines & Development
Bank of the Philippines) - To offer “No Average Daily Balance” for corporate accounts made available to
employers in LBP & DBP.
Accessible and convenient
online payment
Through regular conduct of capacity building programs on
e-Gov services.
Boosting of e-Government facilities
Social Service Contributions made easier through technology, reducing the number of payments from 36 - 13
SOCIAL SERVICE CONTRIBUTION
ISSUANCE OF MAYOR’S / BUSINESS PERMIT
REQUIREMENT
Additional requirements in specific cases
(For large scale commercial/industrial establishments)
1. Zoning clearance
2. Fire inspection
3. Building permit
A word, a group of words, signs and symbols, logos, or a mixture of these. Trademarks are used by businesses for protection and for their advantages on competition
TRADEMARK
A name or a sign used by and for a product from a specific geographical location. Serve as a right that product has a direct link to its geographical origin for the reason of soil, topography, human skills, the place of origin.
GEOGRAPHICAL INDICATION
The scope of industrial designs ranges from fashion to industrial goods such as handicraft, vehicle, jewelry, fashion pieces, and appliances.
INDUSTRIAL DESIGN
An exclusive right granted to inventors, which provides a new product or even a new technical solution to a problem. A patent system inspire inventions that are exceptional and beneficial to society.
PATENTS
safeguard of literary, scientific, and artistic pieces or domain. Comprises of books and other literary articles, films, paintings, audio or music, and computer software programs.
Copyright