Pag-IBIG Fund is a government program that helps Filipino families to make their dream houses come true in the course of the housing loans they offer. Due to the fact that it is one of the most beneficial investments available to citizens, a lot of people are intending to acquire membership to be able to…
PhilHealth is one of the leading health insurance companies in the Philippines. It is managed and controlled directly by the Philippine government to ensure that the citizens are granted with benefits that would make their lives easier. Why would an individual want to become a member of this program? Being a PhilHealth member is one…
Although some people may hate it whenever they see deductions in their hard-earned pay slip, many are still interested to register as a member with SSS due to the privileges it assures a member. What Is SSS and Why Do People Intend To Be A Member Of The Said Program? SSS (Social Security System) is…
Need cash these days? Applying for a loan in a bank is relatively easy if you know what bank to go to that can provide answer to your particular needs. There is the availability of a non-collateral loan or personal loan that can be processed online which guarantees immediate funds that is uncomplicated and straightforward…
Sole proprietorship is a kind of business set-up wherein the owner is only owned by one individual. Sometimes it is described as a ‘pass-through’ structure as the entirety of the business such as income and expenses, assets and liabilities are pass through the individual income tax return or the ITR. This also means that the…
Engaging in business takes a lot of risks from its beginning and until it will end. Yes, the possibility of terminating a company, ending a partnership or closing a sole proprietorship is a big likelihood. There are many things that will come along the way during the venture which will eventually let you decide to…
According to the World Intellectual Property Organization, “Intellectual property or IP refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.” So, any individual who may have thought of a particular concept, model or a product will have a legal way of claiming…
A 3” x 2” paper size may be very small in dimension, yet if provided with the perfect message can actually yield magnitude results. This should be the function of a good business card. A business card’s primary purpose are: (1) to establish networks, (2) pitch in a sale and (3) close the best business…
Starting a business or even handling personal paperwork in the Philippines often begins at the same place: your barangay hall. That humble office at the corner of your community holds the key to one of the most common yet important documents in local life, the Barangay Clearance. Whether you’re applying for a job, opening a…
One of the most sought-after and most profitable ways in gaining financial stability in the Philippines is to own a franchise business. There are many young entrepreneurs who are hooked in this kind of business because there are studies which show that the success rate is almost 90%. This is the reason why franchise business…
Business establishments and government agencies often require notarized signatures to avoid fraud among contracts and other legal documents. A notarized document will serve as proof that the said document has been officially verified by an independent party who in turn had verified that the people signing the document are who they say they are. Notarized…
The Social Security System (SSS) ID is one of the most acceptable identification card when doing transactions in the country. It is free of charge and easy to acquire. All you have to do is go to the nearest SSS branch and follow the simple steps below. Having a digitized SSS ID has many advantages….
A Police Clearance is often requested when applying for a job, whether local or abroad. It also serves as a supporting document when applying for a passport or when required by other government agencies. Unlike a Barangay Clearance or an NBI Clearance, a Police Clearance specifically certifies that the applicant has no criminal record within…
The National Bureau of Investigation (NBI) Clearance is one of the most important documents for Filipinos, especially when seeking employment. It serves as proof that the person has no pending criminal liabilities. If a person has a record, the clearance will indicate its current status. Compared to a Barangay Clearance or a Police Clearance, the…
If you want to transact with government offices or banks in the Philippines, you’ll need a TIN. The good news is that securing a TIN ID is one of the easiest processes compared to other government IDs. Today, there are two versions: the Digitized TIN ID (physical plastic card) and the Digital TIN ID (downloadable…
The Taxpayer Identification Number (TIN) is a number that identifies a taxpayer. It is very important not only to the taxpayer but also to the government. Procedures in securing a TIN differ on the basis of the classification of the taxpayer. A. Individuals Earning Purely Compensation Income Requirements: NSO Birth Certificate of the applicant; or…