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COUNTRY GUIDE » PHILIPPINES
Tap into Philippines’ highly educated, skilled and cost-effective workforce. The Philippines is one of the world’s largest business processing outsourcing (BPO) hubs and Southeast Asia’s fastest-growing economy in 2023.
Brief Overview
Based in Metro Manila, Innovare Philippines (Five Lakes Consulting Services Inc) helps you unlock growth by accessing a growing, highly-skilled labour force. With little to no language, culture and bureaucratic barriers, the Philippines has been a hub for IT, customer service and the life sciences sectors.
Navigate Philippine’s complicated regulations of foreign businesses.
Leverage the Philippine government’s active support of the outsourcing industry.
Enjoy faster expansion & risk-free compliance through our EOR services.
Full contract management across multiple industries.
Local Expertise
There are 3 main Visa categories in the Philippines: Immigrant, Non-Immigrant and Special Visa.
Each category has its own list of visas that may apply and if you are applying for a work permit, you require the Employee Visa 9G.
We assist in ensuring you obtain the correct visa & help you with the work permit application.
The Philippines requires a list of payroll compliance and has additional known payroll contributions. For example, employees who have during the calendar year is typically entitled to an annual 13th-month compensation, which must be paid during the year. Payroll also includes four main statutory contributions:
We help you navigate tax compliance and filing in the Philippines. Income tax rates ranges up to 35% depending on income brackets. There is also a 12% sales tax on all goods and services to be considered when conducting business in the country.
Innovare’s insurance policy in Philippines (subject to terms and conditions) includes Professional indemnity insurance and Public liability insurance and is inclusive in our management fee. Workman compensation insurance is inclusive in the Social Security System premium.
Needless to say, all Employee of Record consultants are required to have adequate medical insurance to cover them throughout the entire contract. The health insurance scheme covers minimal benefits, hence, medical insurance is a must for locals and expatriates working in Philippines.
The Philippines has a well-educated and skilled workforce that excels in the IT, customer service and life sciences sector.
Known for the BPO industry, the Philippines cost-efficient labour with cultural compatibility has a rich talent pool for any high growth organisation.
The Philippines is strategically located within reach of major Asian & Oceanic markets.
Global Reach
Assignment details with job title and description, industry, monthly salary, contract duration and candidate’s information. Candidate’s information should include nationality, educational level, Updated CV and brief job description. Innovare will then provide free assessment and advice based on the Customer’s information.
Yes, we offer the full range of services or it can be customisable based on the needs of the Customer.
After initial assessment, the Customer to confirm on the eligibility of the candidate and sign contract with Innovare. Innovare will then proceed for onboarding preparation depending on the nationality or current visa status of the candidate. Innovare will provide guidance.
Yes, we can introduce the Customer to respective Government appointed agencies or Chamber of Commerce. The Philippine government has various schemes to assist Philippine-based companies to expand their businesses here.
There are various types of visas in Philippines, but Innovare usually supports the 9G working visa and other permits like Alien Employment Permit (AEP), Special Work Permit (SWP) and Provisional Work Permit (PWP). There will be local Job posting to consider local candidates fairly for job opportunities. Thereafter, a Tax Identification Number (TIN) must also obtain to finalize the documents for working visa. Innovare will provide free initial assessment for the Customer on candidate’s eligibility for the appropriate visa. The required documents for applying a visa from the candidate include:
Expat must be in Philippines during the application process. It will take at least 2-4 months to complete the entire application however, once Provisional Work Permit (PWP) has been issued, the expat can start working while waiting for the approval of 9G working visa.
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