The Benefits Of A Makati Office For Rent

The Benefits Of A Makati Office For Rent

By:


There are lots of multinational companies in the Philippines that rent Makati office space. The truth is, foreign companies that do business here prefer to get a commercial office space in this city as there are prime office buildings found here. Should you be contemplating setting up a business in Makati, here are some things to think about.

Bear in mind that those who want to put up companies in Makati have a number of documents and requirements to prepare. You would need to go through many government agencies such as the Department of Trade and Industry, the Bureau of Internal Revenue and the Securities and Exchange Commission (SEC).

Processing business registrations can be quite a tedious task. Business owners who wish to rent Makati office space are also required to register and apply for a business permit from the local city government. These processes ensure the company will meet the standards set by the government.

Along with these requirements, organizations looking to rent a commercial space in Makati will also have to obtain other documents and submit these to the SEC. These documents include a bank certificate of deposit, notarized articles of incorporation, and a treasurer's affidavit at the notary.

The certificate of deposit verifies the compliance of the company to deposit a capital amounting to 6.25% of the authorized capital stock of the corporation. Please note that the capital should not be less than Php 5,000.

Here are other documents required for SEC registration:

- Company name verification slip

- Statement of assets and liabilities

- Authority to verify the bank account

- Registration data sheet with particulars on directors, officers, stockholders, and so forth

- A notarized written undertaking to comply with SEC reporting requirements

-A notarized written undertaking to change corporate name

Choosing the office space is another thing you should consider. Office spaces in Makati are often found in high-rise buildings in the central business district. As Makati is the economic and financial center of the Philippines, you can find numerous big companies in the area. Among these are Standard Chartered Bank, Convergys, a business process outsourcing company, and DHL express, a logistics company. It is possible to find affordable Makati office for rent depending on the nature of your business.

For example, IT companies could get tax breaks from the Philippine Economic Zone Authority (PEZA) . Some buildings in the central business district have an IT zone status. These establishments may take advantage of multiple tax holidays and other incentives not generally available in other areas.

If you're new in this city and choose to rent Makati office space, consider getting a condominium unit or an apartment nearby. There are many condominium towers in the area that one could either rent or buy. This choice keeps you safe and helps you beat traffic.

Many businesses see that renting a Makati office space is a superb way to start a business. Since there are more than 60,000 multinational businesses in this city, starting your company here is a great decision.

About the Author:
Vobbi Rones is a CEO trying to find Makati office for rent and knows what foreigners expect if they rent Makati office space.



Article Originally Published On: http://www.articlesnatch.com


Tags: ,

|

Loading...
Related....
Videos...

Recent Business Articles

Comments

Still can't find what you are looking for? Search for it!

Loading

Site Navigation:

Copyright 2005-2011 ArticleSnatch, LLC - All Rights Reserved.
Privacy Policy | Terms of Service.