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Before actually setting up and doing business in the Philippines, you have to consider costs such as: serviced office rentals, employee wages and benefits, and taxes. This presentation will show you the specific breakdown of possible expenses you need to prepare in order to successfully establish your business in the country.
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Key Takeaways● Filipino employees with college degrees have very affordable
wages averaging at $2 to $7 per hour (depending on skills
and work experience). (Minimum wage in New York or
California is already at $9 to $10 per hour while Paris is at
$12.81, UK at $9.83, and Australia is at $15.36.)
● With a Philippine Economic Zone Authority accreditation, you
can enjoy great savings on taxes. (4 to 6 years income tax
holiday, tax-free importation of parts and equipment).
● Leasing a serviced office in the Philippines is a smarter option
because it is often located in PEZA-accredited areas and third-
party providers like KMC Solutions make doing business in
the country easier.
● At $100,000, you can already run a call center with 10
employees for a year in a reputable and professional office
location.
For more information about doing business in the Philippines, contact us.