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Starting a fast food restaurant by an Expat

Hiato

Hello everybody!

I know there has been many posts about expats starting businesses in the Philippines but the answers were kind of unclear.. (maybe i missed out something  :) )

So here's what I need help in.. I've been living in the Philippines for 3 years and I already have a working visa through the company i'm working with and I'm planning to open a small food stall or to-go restaurant with no seats in Manila (like the Halal Guys setup in Bonifacio High Street), that serves some kind of oriental dishes.

I am neither married nor looking for getting married to a Filipina in order to have 100% of the ownership (60 hers/40 mine).

What are the legal ways of establishing this business in my name?

Thank you!
Hiato

See also

Job offers in ManilaWork in ManilaThe work culture in ManilaThe labour market in ManilaSetting up a business in the Philippines
Bhavna

Hi Hiato,

Welcome on board  :)

I suggest you read the following article : Setting up a business in the Philippines specially about the Types of companies.

For further information, do not hesitate to contact a professional. There's a list in the business directory : Financial services in Manila

All the best,
Bhavna

Hiato

Thank you Bhavna!

I went through what you sent but couldn't find anything referring to owning a business by a foreigner.. Any idea is a sole partnership can be done by a none local?

kpucmnl

Sorry Hiato, afaik there's no way for foreigners to setup business here as a sole proprietor with 100% ownership as the law gives priority to locals. Most of the foreign companies here operate as an ROHQ model. Take a look at some links, one expat shared his experience.

kpucmnl

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Thierry G. V.

Moderated by kenjee 8 years ago
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Thierry G. V.

Hi Hiato,

I can help you with that project, contact me on my private mail => ***, kindly put on the subject ' Manila starting a fast food restaurant by an Expat', looking forward to your mail, thanks

Best regards,

Thierry G.V

Moderated by kenjee 8 years ago
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Expat IFA

kpucmnl wrote:

Sorry Hiato, afaik there's no way for foreigners to setup business here as a sole proprietor with 100% ownership as the law gives priority to locals. Most of the foreign companies here operate as an ROHQ model. Take a look at some links, one expat shared his experience.


This statement is technically incorrect. A foreigner can indeed own 100% of a business - but only if it is in  an Enterprise/Freeport Zone.

BE CAREFUL
Your work permit is not "generic". It is specific to your [current] job. It is NOT valid for working/running anything else than the reason for which it was granted - so a revised/new work permit will be required for any new venture.

write on track

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