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Q: How much is SEC for business permit operation?
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How do you handle demanding customers?

`lets ask your mom for a sec


How do you open a corporation business in the philippines?

Corporations are separate juridical persons established under the Philippines Corporation Code and regulated by the Philippines Securities and Exchange Commission (SEC). They are an entity separate and distinct from that of the shareholders. The liability of the stockholders of a corporation is limited to the amount of their share capital. A corporation can either be stock which divides it's dividends of profits based on the share structure or non-stock company which is organized principally for public purposes such as charitable, educational, cultural, it does not issue stock. If a registered company is 60% Filipino-40% foreign-owned, is considered a Filipino corporation; If more than 40% foreign-owned, it is considered a foreign- owned domestic corporation. Corporation is good for almost any business with a more complex structure to protect it's members and shareholders. A Philippines corporation can be 100% foreign owned as long is it is not listed on the Philippines Foreign Investment Negative List.Requirements•Must consists of at least five (5) to fifteen (15) shareholders.•Registration of Name with Dept of Trade and Industry DTI.•Submission of duly notarized Articles of Incorporation and By-Laws.•If the Corporation has more than 40% foreign ownership submission of SEC form F-100.•Registration of paid-up capital and affidavit from corporate treasurer.- For 100% Filipino ownership minimum paid up is between 50,000-100,000 Pesos- For Foreign ownership the minimum paid-up is expected to be higher depending on the type of corporation registering.•Licenses and clearance from necessary government offices• Filing of Tax Identification Number TIN with Bureau of Internal Revenue BIR.•If employing individuals must register with government offices.• Business permit and Mayor's License for city of operation.


What are some of the reasons a company would file a ct order with the sec?

Buyout or Merger?


Is The BISYS Group still in business?

No, they were acquired by Citi in 2007. Prior to being acquired BISYS Group bought an institutional soft dollar brokerage firm named Boston Institutional Services. A few years later the SEC investigated BISYS for alleged soft dollar abuses. The SEC alleged that, through its soft dollar subsidiary, BISYS was kicking-back soft dollar brokerage commissions to its mutual fund advisor clients. Under Section 28(e) of the Securities Exchange Act of 1934, soft dollar commissions can only be used for very specific purposes, and apparently BISYS was in violation of Section 28(e). In 2006 BISYS paid two fines (25 million and 21.4 million) to the SEC to settle suits related to the soft dollar allegations and to the mis-statement of certain revenue on its financial reports. Key word search: CFO Magazine BISYS Settles More Charges With SEC by Steven Taub Nov. 6, 2006


Where can you get business plan?

If you want to write your own plan i would recommend Business Plan Pro from www.paloalto.co.uk it includes 500 sample Business Plans and is really easy to use I hope this helps FROM bill@enterprise-creations.com We receive nearly a dozen business plans, weekly, and out of professional courtesy review each and every one. However, I must in all honesty say that those written using a software program, such as Business Plan Pro, are easily identified from those of much higher quality ... easily identified from those prepared with thought and substance. Just some of the shortcomings of Business Plan Pro include: 1. Lack of in-depth background on the management team, 2. Pro formas are lacking in detail, especially the cash flow statement, 3. Financial assumptions are often not easily located or are not even presented to the reviewer. When we review a business plan prepared by a software program, our review will take about 3 minutes whereas a business plan prepared with care and though will require upwards of 45 minutes to an hour. Needless to say, the business plan prepared with a software program becomes filed in the round file. On a separate note: if you're trying to raise capital in the U.S., your business plan is NOT the document you (legally) need. The Securities Act of 1933, which applies to public and private companies, states that any offer to sell securities must be registered with the SEC or meet/qualify for an exemption. Drop me a note if you have any questions: bill@enterprise-creations.com.