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Doing business in Singapore for clients from the Philippines

A Philippine group moving into the wider region has to decide where to manage it. Singapore gives you an English-speaking legal system and a seat for regional staff and finance within ASEAN.

Regional management in a shared language

Philippine conglomerates, family businesses and founders share English as a working language with a legal system built on English law, which makes documents and negotiations easier to carry across. Singapore can house the regional finance or management team. Hiring there means meeting the work-pass rules, and from 1 January 2027 new Employment Pass applicants need at least S$6,000 a month at age 23 or below, rising to S$11,500 at 45 and above. Crypto-asset firms should note that the Philippines regulates virtual-asset service providers through its central bank.

Tax treaty and trade agreements

The Philippines is listed as a treaty partner of Singapore under a comprehensive double taxation agreement. Both countries belong to the ASEAN trade agreement (ATIGA, in force 2010), and RCEP has applied to the Philippines since June 2023.

Below you will find the articles written for clients from the Philippines as they are published, followed by the sections of the book Singapore as an International Financial Centre. Your own lawyers advise you on the law of the Philippines.

Singapore as an International Financial Centre