Crash Course on Starting a Business in the Philippines in 2021

With an average economic growth rate of 6.4 percent over 2010-2019, the Philippines has always been one of the fastest-growing economies in Asia and among the top 5 contributors to ASEAN’s GDP.  

While COVID-19 caused a slump in the Philippines’s growth in 2020 with the recession lingering throughout Q1/2021, the Asian Development Bank forecasts that the economy will bounce back to 6.5% growth this year. Specifically, strong growth is expected in the manufacturing sector, with the country’s Manufacturing Purchasing Managers’ Index (PMI) starting to take off, recording the highest in Southeast Asia recently. Other growth driving factors of the island country include the rollout of the Philippines’ Corporate Recovery and Tax Incentives scheme, its larger budget for 2021, and improved infrastructure to name a few.

To give investors a closer look at the Philippines market, its economic outlook, ongoing challenges, as well as its emerging opportunities in 2021, Marcos Salgado, Manager of International Business Advisory, will hold a webinar, Crash Course on Starting a Business in the Philippines in 2021, on Wednesday, April 21, to guide investors through:

• Setting up a foreign-owned business in the Philippines;
• Industries permitted for FDI;
• Potential business opportunities for investment; and
• Key tax implications for foreign investors when doing business in the Philippines.

This webinar is FREE of charge.

Please click HERE to register to attend, by Wednesday, April 21, 2021

For any further concerns or questions, please contact Trang Nguyen (Jasmine).

This Event occurred on Wednesday, April 21, 2021. If you were unable to attend it, you can still benefit from these resources that will help you review or discover more: