MSME Hub:
A Guide for Filipino Entrepreneurs
At some point, all startups have to deal with various legal matters. Inevitably, no matter how well you plan, there will always be unforeseen legal issues that may arise. Typically, these issues are related to entity formation, intellectual property protection, compliance with employment laws, tax planning, and financing. Thus, your affairs must be legally in order.
This section provides information and links to government resources to help entrepreneurs comply with business laws and regulations and protect themselves from legal issues.
Starting points:
- You need legal help sooner than you think
- Take advantage of free legal services
- Form an entity
- Don’t forget about you taxes
- Choose between a patent and a trade secret
- Further protect your intellectual property
Selected Resources
LEGAL ADVICE
Where to Get Free Legal Advice for Your Business: 5 Options for Businesses on a Budget
8 Legal Requirements When You Start a Business
Don’t start a business without first thoroughly preparing yourself. Here are eight legal requirements you need to fulfill when you start a business and the costs associated with letting these important concerns fall by the wayside.
REPUBLIC ACTS AND LEGAL PROVISIONS
Republic Act No. 11595
An Act amending Republic Act No. 8762, otherwise known as the “Retail Trade Liberation Act of 2000”, by lowering the required paid-up capital for foreign retail enterprises, and for other purposes Read More
Republic Act No. 11293
An Act adopting innovation as vital component of the country’s development policies to drive inclusive development, promote the growth and national competitiveness of micro, small and medium enterprises, appropriating funds therefor, and for other purposes. Read More
Republic Act No. 9501
An Act to promote entrepreneurship by strengthening development and assistance programs to micro, small ad medium scale enterprises, amending for the purpose Republic Act No. 6977, as amended, otherwise known as the Magna Carta for Small Enterprises” and for other purposes Read More
Republic Act No. 9399
Approved on March 20, 2007: An Act declaring a one-time amnesty on certain tax and duty liabilities, inclusive of fees, fines, penalties, interests and other additions thereto, incurred by certain business enterprises operating within the special economic zones and freeports created under Proclamation No. 163, series of 1993; Proclamation No. 216, series of 1993; Proclamation No. 420, series of 1994; and Proclamation No. 984, series of 1997, pursuant to section 15 of Republic Act No. 7227, as amended, and for other purposes Read More
