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If you mean tax advantage of corporation in the Philippines compared to other countries..I can not answer that. But if you mean corporation in the Philippines compared to Partnership, the corporation is tax on its net income at currently 30% but if its a partnership, same is tax at 30% but there would be presumptive distrubtion of net income among partners which will be subjected to tax again.

For corporation in Philippines, the liability of shareholders is limited on their capital subscription only. Unlike partnership or single proprietor, which is to the extent of personal property except of course for limited partners.

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14y ago
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14y ago

A Corporation in the Philippines is a legal entity used to conduct business.

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Q: What is corporation in the Philippines?
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The business industry in the Philippines is competitive and the list keep vary with each passing year. Some notable corporations include ON Semicon (Philippines) Inc., Mitsubishi Motors Philippines Corporation, Pilipinas Shell Petroleum Corporation, Fujitsu Computer Products Corporation of the Philippines, Caltex Philippines Incorporated, Manila Electric Company, Mercury Drug Corporation, Globe Telecom Incorporated, Smart Communications Incorporated among many others.


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