Going Business

Warm smiles welcome you in any Philippine government office where the staff is solicitous and pleasant, where language barrier is rarely an issue, and public service is a both a joy and a responsibility.

Cost of Doing Business in the Philippines

Investors who establish offices in the Philippines enjoy huge savings in business operations costs. The Philippine Board of Investment gives potential investors a bird’s eye view of the costs of doing business in the country.

 

Manpower
Accomodations
Communications

 

Manpower

 

Salaries and Wages of Office Personnel Monthly Annual
CEO $ 6, 788 $81,456
Systems Director $2,477 $29,724
Factory / Plant Mgr. $2,104 $ 25, 428
MIS Mgr. $ 1,151 – 2,700 $ 13,812 – 32,400
Systems / Network Engineer $ 500 – 1,100 $ 6,000 – 13,200
Software Developer
1 yr. Experience $ 300 – 400 $ 3,600 – 4,800
3 yrs. Experience $ 400 – 700 $ 4,800 – 8,400
5 yrs. Experience $ 800 – 1,250 $ 9,600 – 15, 000
Call Center Operator $ 350 – 700 $ 4,200 – 8,400
Messenger $227 $ 2, 724
Janitor $188 $2,256
Accountant $426 $5,112
Secretary
Division $433 $5,196
Department $328 $3,936
Section / Unit $345 $4,140
Accounting Clerk $262 $3,144
Driver $244 $2,928

 

Accomodations

 

Office Space Rental
(per sq. m)
$ 9 to $ 22 (Makati)
$ 10 to $ 22 (Alabang and other Areas)
$ 9 to $ 12 (Ortigas)
House Rental (Makati) $ 1,991 to $ 15,000
Residential Condo Unit (Makati) $ 1,369 to $2,987 (plus taxes/association dues)
5-Star Hotel (Makati) $ 250 to $ 2,700 (subjected to 10% service rate and prevailing government tax)
Car Rental with Driver (AVIS) $ 90 to $ 150

 

Communications

 

Telephone Rental
Residential
* Installation $74
* Monthly Billing $ 13 (+ 10% VAT)
Business
* Installation $131
* Monthly Billing $ 26 (+ 10% VAT)
Cellular Phone Charges Ranging from 19¢ to 24¢ per minute
Fax Unit Price $ 266 to 3,035
T-1 with local loop (US West Coast to Mla.) $ 266 to 3,035
256 KB Frame relay w/ local loop (Mla to W. Europe) $ 35 to 40,000 / mo.

 

 

International Calls
ASEAN / Hongkong / Japan /
Macao / South Korea
12¢ to 16¢ (1st minute)
12¢ to 15¢ (each additional 6 secs.)
Australia / New Zealand 19¢ to 21¢ (1st minute)
14¢ to 17¢ (each additional 6 secs.)
USA/ Canada 17¢ (1st minute)
12¢ to 14¢ (each additional 6 secs.)
France / Germany / Italy / Spain / UK 17¢ to 19¢ (1st minute)
17¢ to 18¢ (each additional 6 secs.)
China /India 17¢ to 21¢ (1st minute)
14¢ to 17¢ (each additional 6 secs.)
Kuwait/UAE/Bahrain/Saudi Arabia 17¢ to 23¢ (1st minute)
15¢ to 17¢ (each additional 6 secs.)

 

Note:
- Monthly salary rates were derived from Asiaweek Magazine, 17 March 2000.
- Dollar exchange rate as of March 2000: US$1 = Php 40.85

Relevant guides to doing business in the Philippines can be found here:

Philippine Board of Investments’ “Doing Business in the Philippines Checklist”

SycipGorresVelayo’sDoing Business in the Philippines”

Download Joaquin Cunanan & Co./ Pricewaterhouse Coopers-Philippines:

and

 

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