Is separation pay subject to income tax?
Separation pay from causes completely beyond an employee’s control is totally tax-exempt under Section 32 of the Tax Code.
Is separation pay subject to income tax? Read More »
Who bears unpaid wages if a contract is pre-terminated?
The defaulting party firmly bears the cost of unpaid benefits during an unauthorized pre-termination under the Labor Code.
Who bears unpaid wages if a contract is pre-terminated? Read More »
What options does a contractor’s employee have when agreements expire?
Employees may patiently wait three months for re-employment or gracefully resign upon agreement expiration under the Labor Code rules.
What options does a contractor’s employee have when agreements expire? Read More »
How is retirement pay defined?
Retirement pay strictly refers to the financial compensation legally given to a retiring employee under Article 302.
How is retirement pay defined? Read More »
SEC Registration Fees for Increasing Authorized Capital Stock in the Philippines:
Learn how SEC filing fees for increasing authorized capital stock are computed, plus Documentary Stamp Tax and treasurer’s sworn statement requirements.
SEC Registration Fees for Increasing Authorized Capital Stock in the Philippines: Read More »
SEC Filing Fees and Compliance Costs When Downsizing a Board of Directors in the Philippines
Learn SEC filing fees and compliance costs for reducing a board of directors via amended Articles of Incorporation, including quorum and voting effects.
SEC Registration Fees and Documents for Increasing the Number of Directors in the Philippines
Learn SEC eAMEND fees, filing costs, and required documents for amending articles of incorporation to increase the number of directors in the Philippines.
SEC Fees and Clearance Costs in Dissolution by Shortening Corporate Term in the Philippines
Learn SEC filing fees and related compliance costs for dissolution by shortening corporate term, plus expected BIR tax clearance steps and common expense drivers.
Revival of an Expired Philippine Corporation: Certificate of Revival, Perpetual Existence, and Recovery of Corporate Rights
Learn corporate revival under the Revised Corporation Code, SEC rules, and how a certificate of revival restores corporate revival status and existence.
Converting an Ordinary Stock Corporation into a One Person Corporation (OPC) in the Philippines
Guide to converting an ordinary stock corporation into a One Person Corporation under the Revised Corporation Code and SEC conversion requirements.
