2 business model options: A guide for aspiring entrepreneurs

By Georgianna Carlos

Sep 07, 2024 12:12 am

CHOOSING the right legal structure is one of the first important decisions an entrepreneur must make when starting a business in the Philippines. For many, this comes down to two popular options: the one-person corporation (OPC) and the traditional domestic corporation. Understanding the distinctions between these two entities (and no, it's not just about the number of incorporators you should consider) can help entrepreneurs select the model that best suits their business goals.

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