AVG Philippines

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AVG Philippines A trusted business consulting firm delivering integrated tax, due diligence, accounting, and audit services to support confident decision-making.

๐Ÿ‘ฅ ๐—ฆ๐—ง๐—”๐—ง๐—จ๐—ง๐—ข๐—ฅ๐—ฌ ๐—ฅ๐—˜๐— ๐—œ๐—ง๐—ง๐—”๐—ก๐—–๐—˜ ๐—ฅ๐—˜๐— ๐—œ๐—ก๐——๐—˜๐—ฅ | ๐—ข๐—–๐—ง ๐Ÿฎ๐ŸฏCalling all employers! If your company name starts with ๐—น๐—ฒ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐—  ๐˜๐—ผ ๐—ค, your ๐—ฃ๐—ฎ๐—ด...
18/10/2026

๐Ÿ‘ฅ ๐—ฆ๐—ง๐—”๐—ง๐—จ๐—ง๐—ข๐—ฅ๐—ฌ ๐—ฅ๐—˜๐— ๐—œ๐—ง๐—ง๐—”๐—ก๐—–๐—˜ ๐—ฅ๐—˜๐— ๐—œ๐—ก๐——๐—˜๐—ฅ | ๐—ข๐—–๐—ง ๐Ÿฎ๐Ÿฏ

Calling all employers! If your company name starts with ๐—น๐—ฒ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐—  ๐˜๐—ผ ๐—ค, your ๐—ฃ๐—ฎ๐—ด-๐—œ๐—•๐—œ๐—š (๐—›๐——๐— ๐—™) ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ for September 2026 are due on October 23.

Keep your employee benefits and payroll running smoothly with AVG Philippines! ๐Ÿ’ผโœจ

๐ŸŒ avignonglobal.ph | ๐Ÿ“ž +63 906 228 2630 | ๐Ÿ“ฒ

๐Ÿ“Œ ๐—ง๐—”๐—ซ & ๐—–๐—ข๐— ๐—ฃ๐—Ÿ๐—œ๐—”๐—ก๐—–๐—˜ ๐——๐—˜๐—”๐——๐—Ÿ๐—œ๐—ก๐—˜ | ๐—ข๐—–๐—ง ๐Ÿฎ๐ŸฌBig compliance day ahead! October 12โ€™s requirements include: โ€ข ๐ˆ๐ฌ๐ฌ๐ฎ๐š๐ง๐œ๐ž ๐จ๐Ÿ ๐Ÿ๐Ÿ‘๐ŸŽ๐Ÿ” & ๐Ÿ๐Ÿ‘...
15/10/2026

๐Ÿ“Œ ๐—ง๐—”๐—ซ & ๐—–๐—ข๐— ๐—ฃ๐—Ÿ๐—œ๐—”๐—ก๐—–๐—˜ ๐——๐—˜๐—”๐——๐—Ÿ๐—œ๐—ก๐—˜ | ๐—ข๐—–๐—ง ๐Ÿฎ๐Ÿฌ

Big compliance day ahead! October 12โ€™s requirements include:
โ€ข ๐ˆ๐ฌ๐ฌ๐ฎ๐š๐ง๐œ๐ž ๐จ๐Ÿ ๐Ÿ๐Ÿ‘๐ŸŽ๐Ÿ” & ๐Ÿ๐Ÿ‘๐ŸŽ๐Ÿ• ๐‚๐ž๐ซ๐ญ๐ข๐Ÿ๐ข๐œ๐š๐ญ๐ž๐ฌ for QE 30 Sept 2026
โ€ข ๐๐„๐™๐€ ๐„๐™๐Œ๐๐‘ ๐’๐ฎ๐›๐ฆ๐ข๐ฌ๐ฌ๐ข๐จ๐ง for Sept 2026
โ€ข ๐๐ก๐ข๐ฅ๐‡๐ž๐š๐ฅ๐ญ๐ก ๐‘๐ž๐ฆ๐ข๐ญ๐ญ๐š๐ง๐œ๐ž (PEN ends in 5 to 9)
โ€ข ๐Ÿ’๐ญ๐ก ๐๐ฎ๐š๐ซ๐ญ๐ž๐ซ ๐‹๐จ๐œ๐š๐ฅ ๐“๐š๐ฑ๐ž๐ฌ ๐๐š๐ฒ๐ฆ๐ž๐ง๐ญ for 2026

Simplify multi-agency compliance with AVG Philippines. ๐Ÿ’ก๐Ÿ’ผ

๐ŸŒ avignonglobal.ph | ๐Ÿ“ž +63 906 228 2630 | ๐Ÿ“ฒ

๐Ÿ‘ฅ ๐—ฆ๐—ง๐—”๐—ง๐—จ๐—ง๐—ข๐—ฅ๐—ฌ ๐—ฅ๐—˜๐— ๐—œ๐—ง๐—ง๐—”๐—ก๐—–๐—˜ ๐—ฅ๐—˜๐— ๐—œ๐—ก๐——๐—˜๐—ฅ | ๐—ข๐—–๐—ง ๐Ÿญ๐ŸตCalling all employers! If your company name starts with ๐—น๐—ฒ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐—˜ ๐˜๐—ผ ๐—Ÿ, your ๐—ฃ๐—ฎ๐—ด...
14/10/2026

๐Ÿ‘ฅ ๐—ฆ๐—ง๐—”๐—ง๐—จ๐—ง๐—ข๐—ฅ๐—ฌ ๐—ฅ๐—˜๐— ๐—œ๐—ง๐—ง๐—”๐—ก๐—–๐—˜ ๐—ฅ๐—˜๐— ๐—œ๐—ก๐——๐—˜๐—ฅ | ๐—ข๐—–๐—ง ๐Ÿญ๐Ÿต

Calling all employers! If your company name starts with ๐—น๐—ฒ๐˜๐˜๐—ฒ๐—ฟ๐˜€ ๐—˜ ๐˜๐—ผ ๐—Ÿ, your ๐—ฃ๐—ฎ๐—ด-๐—œ๐—•๐—œ๐—š (๐—›๐——๐— ๐—™) ๐—ฐ๐—ผ๐—ป๐˜๐—ฟ๐—ถ๐—ฏ๐˜‚๐˜๐—ถ๐—ผ๐—ป๐˜€ for September 2026 are due on October 19.

Keep your employee benefits on track seamlessly with AVG Philippines. ๐Ÿš€โœจ

๐ŸŒ avignonglobal.ph | ๐Ÿ“ž +63 906 228 2630 | ๐Ÿ“ฒ

๐Ÿ“Œ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ฟ๐˜ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—– ๐—ถ๐—ป๐˜๐—ผ ๐—ฎ๐—ป ๐—ข๐—ฟ๐—ฑ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐Ÿ‡ต๐Ÿ‡ญGrowing beyond a single stockholder? Your One Person Corporation ...
13/10/2026

๐Ÿ“Œ ๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐—–๐—ผ๐—ป๐˜ƒ๐—ฒ๐—ฟ๐˜ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—– ๐—ถ๐—ป๐˜๐—ผ ๐—ฎ๐—ป ๐—ข๐—ฟ๐—ฑ๐—ถ๐—ป๐—ฎ๐—ฟ๐˜† ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐Ÿ‡ต๐Ÿ‡ญ

Growing beyond a single stockholder? Your One Person Corporation (OPC) may need to transition into an ordinary stock corporation when additional shareholders come in.

Hereโ€™s what to prepare:
โœ… ๐——๐—ผ๐—ฐ๐˜‚๐—บ๐—ฒ๐—ป๐˜ ๐˜๐—ต๐—ฒ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ ๐—ถ๐—ป ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ โ€” Properly record the transfer or issuance of shares to the new stockholder/s.
โœ… ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—”๐—ฟ๐˜๐—ถ๐—ฐ๐—น๐—ฒ๐˜€ ๐—ผ๐—ณ ๐—œ๐—ป๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป โ€” Amend the necessary corporate provisions to reflect the new structure.
โœ… ๐—˜๐˜€๐˜๐—ฎ๐—ฏ๐—น๐—ถ๐˜€๐—ต ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—ฑ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ด๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ป๐—ฎ๐—ป๐—ฐ๐—ฒ โ€” Organize the corporationโ€™s board, officers, and other required positions.
โœ… ๐—™๐—ถ๐—น๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—ฑ ๐—ฑ๐—ผ๐—ฐ๐˜‚๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—ฆ๐—˜๐—–โ€” Submit the appropriate notice, amendments, and supporting documents for the conversion.
โœ… ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ โ€” Revise your stock and transfer records, beneficial ownership information, resolutions, and other corporate documents.
โœ… ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—•๐—œ๐—ฅ ๐—ฎ๐—ป๐—ฑ ๐—น๐—ผ๐—ฐ๐—ฎ๐—น ๐—ฟ๐—ฒ๐—ด๐—ถ๐˜€๐˜๐—ฟ๐—ฎ๐˜๐—ถ๐—ผ๐—ป๐˜€ โ€” Determine which tax, invoicing, permit, banking, and registration details need to be updated after the conversion.
Growth can change the structure your business needs. Make sure the transition is properly documented from the start.

Planning to convert your OPC? We can assist with accounting, tax, and corporate compliance throughout the transition.

๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ป ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐— ๐—ถ๐˜€๐˜๐—ฎ๐—ธ๐—ฒ๐˜€ ๐— ๐—ฎ๐—ฑ๐—ฒ ๐—ฏ๐˜† ๐—ข๐—ฃ๐—– ๐—ข๐˜„๐—ป๐—ฒ๐—ฟ๐˜€A One Person Corporation may have only one stockholderโ€”but it still comes w...
13/10/2026

๐—–๐—ผ๐—บ๐—บ๐—ผ๐—ป ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐— ๐—ถ๐˜€๐˜๐—ฎ๐—ธ๐—ฒ๐˜€ ๐— ๐—ฎ๐—ฑ๐—ฒ ๐—ฏ๐˜† ๐—ข๐—ฃ๐—– ๐—ข๐˜„๐—ป๐—ฒ๐—ฟ๐˜€

A One Person Corporation may have only one stockholderโ€”but it still comes with corporate, tax, and reporting responsibilities.

Watch out for these common mistakes:
โŒ ๐— ๐—ถ๐˜…๐—ถ๐—ป๐—ด ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป๐—ฎ๐—น ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ณ๐˜‚๐—ป๐—ฑ๐˜€ โ€” Maintain a separate corporate bank account and document payments to yourself properly.
โŒ ๐— ๐—ถ๐˜€๐˜€๐—ถ๐—ป๐—ด ๐—ฆ๐—˜๐—– ๐—ฎ๐—ป๐—ฑ ๐—•๐—œ๐—ฅ ๐—ฑ๐—ฒ๐—ฎ๐—ฑ๐—น๐—ถ๐—ป๐—ฒ๐˜€ โ€” Create an annual compliance calendar and set reminders ahead of every filing date.
โŒ ๐—ฃ๐—ผ๐—ผ๐—ฟ ๐—ฏ๐—ผ๐—ผ๐—ธ๐—ธ๐—ฒ๐—ฒ๐—ฝ๐—ถ๐—ป๐—ด โ€” Record transactions regularly and reconcile your accounts every month.
โŒ ๐—™๐—ฎ๐—ถ๐—น๐—ถ๐—ป๐—ด ๐˜๐—ผ ๐—ฑ๐—ผ๐—ฐ๐˜‚๐—บ๐—ฒ๐—ป๐˜ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป๐˜€ โ€” Keep written resolutions and records of significant corporate actions.
โŒ ๐—ก๐—ผ๐˜ ๐˜‚๐—ฝ๐—ฑ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ถ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป โ€” Report applicable changes involving your address, officers, nominee, or alternate nominee.
โŒ ๐—ช๐—ฎ๐—ถ๐˜๐—ถ๐—ป๐—ด ๐˜‚๐—ป๐˜๐—ถ๐—น ๐˜†๐—ฒ๐—ฎ๐—ฟ-๐—ฒ๐—ป๐—ฑ ๐˜๐—ผ ๐—ผ๐—ฟ๐—ด๐—ฎ๐—ป๐—ถ๐˜‡๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ โ€” Keep invoices, contracts, tax filings, bank statements, and supporting documents organized throughout the year.
โŒ ๐—ง๐—ฟ๐—ฒ๐—ฎ๐˜๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ข๐—ฃ๐—– ๐—น๐—ถ๐—ธ๐—ฒ ๐—ฎ ๐˜€๐—ผ๐—น๐—ฒ ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฟ๐—ถ๐—ฒ๐˜๐—ผ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ โ€” Remember: your OPC is a separate legal entity with its own assets, liabilities, records, and compliance obligations.

Good compliance is a year-round processโ€”not a once-a-year task.

Need help keeping your OPC compliant? We provide accounting, tax, and corporate compliance support for business owners.

๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐— ๐—ฎ๐—ถ๐—ป๐˜๐—ฎ๐—ถ๐—ป ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—–Even with only one stockholder, a One Person Corporation (OPC) needs ...
13/10/2026

๐—›๐—ผ๐˜„ ๐˜๐—ผ ๐— ๐—ฎ๐—ถ๐—ป๐˜๐—ฎ๐—ถ๐—ป ๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ ๐—–๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฅ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ ๐—ณ๐—ผ๐—ฟ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—–

Even with only one stockholder, a One Person Corporation (OPC) needs proper corporate documentation.

Keep your records organized with these practical steps:
โœ… ๐— ๐—ฎ๐—ถ๐—ป๐˜๐—ฎ๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ โ€” Keep your Articles of Incorporation, SEC registration documents, and other important corporate records in one secure file.
โœ… ๐——๐—ผ๐—ฐ๐˜‚๐—บ๐—ฒ๐—ป๐˜ ๐—บ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ฑ๐—ฒ๐—ฐ๐—ถ๐˜€๐—ถ๐—ผ๐—ป๐˜€ โ€” Prepare written resolutions or minutes for significant corporate actions and decisions.
โœ… ๐—ง๐—ฟ๐—ฎ๐—ฐ๐—ธ ๐—ผ๐˜„๐—ป๐—ฒ๐—ฟ๐˜€๐—ต๐—ถ๐—ฝ ๐—ฎ๐—ป๐—ฑ ๐—ฐ๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น โ€” Maintain accurate records of the single stockholderโ€™s shares, capital contributions, and related transactions.
โœ… ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐—ป๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€ ๐˜‚๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐—ฑ โ€” Document your nominee and alternate nominee information and any subsequent changes.
โœ… ๐—ข๐—ฟ๐—ด๐—ฎ๐—ป๐—ถ๐˜‡๐—ฒ ๐—ฆ๐—˜๐—– ๐—ฎ๐—ป๐—ฑ ๐—•๐—œ๐—ฅ ๐—ณ๐—ถ๐—น๐—ถ๐—ป๐—ด๐˜€ โ€” Keep copies of submitted reports, tax returns, financial statements, and proof of filing or payment.
โœ… ๐—–๐—ฟ๐—ฒ๐—ฎ๐˜๐—ฒ ๐—ฎ ๐—ฑ๐—ถ๐—ด๐—ถ๐˜๐—ฎ๐—น ๐—ฏ๐—ฎ๐—ฐ๐—ธ๐˜‚๐—ฝ โ€” Maintain clearly labeled folders by year so important documents can be retrieved quickly.

Good corporate records help show that your OPC is being operated as a separate legal entityโ€”not simply as your personal business account.

Need help keeping your OPC organized and compliant? We provide accounting, tax, and corporate compliance support.

๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ก๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—”๐—น๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ฒ ๐—ก๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ ๐—ฅ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€When setting up a One Person Corporation (OPC), you generall...
12/10/2026

๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—ก๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ ๐—ฎ๐—ป๐—ฑ ๐—”๐—น๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ฒ ๐—ก๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ ๐—ฅ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€

When setting up a One Person Corporation (OPC), you generally need to designate a nominee and alternate nominee.

But what are they for?
โœ… ๐—ก๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ โ€” Steps in to manage the OPC in the event of the single stockholderโ€™s death or incapacity, subject to applicable laws and the OPCโ€™s documents.
โœ… ๐—”๐—น๐˜๐—ฒ๐—ฟ๐—ป๐—ฎ๐˜๐—ฒ ๐—ก๐—ผ๐—บ๐—ถ๐—ป๐—ฒ๐—ฒ โ€” Takes the nomineeโ€™s place if the nominee is unable, unwilling, or otherwise unavailable to perform the role.
โœ… ๐—š๐—ฒ๐˜ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐˜„๐—ฟ๐—ถ๐˜๐˜๐—ฒ๐—ป ๐—ฐ๐—ผ๐—ป๐˜€๐—ฒ๐—ป๐˜ โ€” The nominee and alternate nominee must consent to being designated.
โœ… ๐—ž๐—ฒ๐—ฒ๐—ฝ ๐˜๐—ต๐—ฒ๐—ถ๐—ฟ ๐—ถ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐˜‚๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐—ฑโ€” If either person changes or withdraws, make sure the appropriate corporate records and SEC filings are updated.

Important: Naming a nominee does not automatically make that person a co-owner of your OPC. The role primarily helps provide continuity when the single stockholder can no longer manage the corporation.

Planning your OPC structure? We can assist with business registration, accounting, tax, and ongoing corporate compliance.

๐—›๐—ผ๐˜„ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—– ๐—ข๐˜„๐—ป๐—ฒ๐—ฟ ๐—ฆ๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฃ๐—ฎ๐˜† ๐—ง๐—ต๐—ฒ๐—บ๐˜€๐—ฒ๐—น๐˜ƒ๐—ฒ๐˜€ Your OPCโ€™s money is not automatically your personal money. Because an OPC is a se...
12/10/2026

๐—›๐—ผ๐˜„ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—– ๐—ข๐˜„๐—ป๐—ฒ๐—ฟ ๐—ฆ๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ฃ๐—ฎ๐˜† ๐—ง๐—ต๐—ฒ๐—บ๐˜€๐—ฒ๐—น๐˜ƒ๐—ฒ๐˜€

Your OPCโ€™s money is not automatically your personal money. Because an OPC is a separate legal entity, withdrawals should be properly structured and documented.

Common ways an OPC owner may receive money include:
โœ… ๐—ฆ๐—ฎ๐—น๐—ฎ๐—ฟ๐˜† ๐—ผ๐—ฟ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐—ป๐˜€๐—ฎ๐˜๐—ถ๐—ผ๐—ป โ€” If you work for the corporation, compensation should be properly recorded and applicable payroll and withholding requirements handled.
โœ… ๐——๐—ถ๐˜ƒ๐—ถ๐—ฑ๐—ฒ๐—ป๐—ฑ๐˜€โ€” Profits may be distributed as dividends when legally available and properly declared, with applicable taxes considered.
โœ… ๐—ฅ๐—ฒ๐—ถ๐—บ๐—ฏ๐˜‚๐—ฟ๐˜€๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ผ๐—ณ ๐—ฏ๐˜‚๐˜€๐—ถ๐—ป๐—ฒ๐˜€๐˜€ ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ป๐˜€๐—ฒ๐˜€ โ€” If you personally paid a legitimate corporate expense, keep the invoice or receipt and document the reimbursement.
โŒ ๐—”๐˜ƒ๐—ผ๐—ถ๐—ฑ ๐—ฟ๐—ฎ๐—ป๐—ฑ๐—ผ๐—บ ๐—ฝ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป๐—ฎ๐—น ๐˜„๐—ถ๐˜๐—ต๐—ฑ๐—ฟ๐—ฎ๐˜„๐—ฎ๐—น๐˜€ โ€” Donโ€™t treat the corporate bank account like your personal wallet. Undocumented transfers can create accounting and tax problems.

Best practice: Keep separate bank accounts, document every payment to yourself, and make sure it is recorded under the correct account.

We can help OPC owners set up proper payroll, bookkeeping, tax, and financial reporting processes.

๐——๐—ผ๐—ฒ๐˜€ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—– ๐—ก๐—ฒ๐—ฒ๐—ฑ ๐—”๐˜‚๐—ฑ๐—ถ๐˜๐—ฒ๐—ฑ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€? Not every One Person Corporation automatically needs audited financial st...
12/10/2026

๐——๐—ผ๐—ฒ๐˜€ ๐—ฎ๐—ป ๐—ข๐—ฃ๐—– ๐—ก๐—ฒ๐—ฒ๐—ฑ ๐—”๐˜‚๐—ฑ๐—ถ๐˜๐—ฒ๐—ฑ ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€?

Not every One Person Corporation automatically needs audited financial statementsโ€”but many OPCs will need them once they meet the applicable regulatory thresholds.

โœ… ๐—ฅ๐—ฒ๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฎ๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ณ๐—ถ๐—ด๐˜‚๐—ฟ๐—ฒ๐˜€
Your assets, liabilities, equity, revenue, and expenses can affect your reporting requirements.
โœ… ๐—–๐—ต๐—ฒ๐—ฐ๐—ธ ๐—ฆ๐—˜๐—– ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ โ€” Determine whether your OPC meets the current threshold requiring financial statements to be audited by an independent CPA.
โœ… ๐—–๐—ต๐—ฒ๐—ฐ๐—ธ ๐—•๐—œ๐—ฅ ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐˜€๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฎ๐˜๐—ฒ๐—น๐˜† โ€” SEC and BIR filing requirements are not always the same, so review your tax filing obligations as well.
โœ… ๐—–๐—น๐—ผ๐˜€๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฏ๐—ผ๐—ผ๐—ธ๐˜€ ๐—ฒ๐—ฎ๐—ฟ๐—น๐˜† โ€” Reconcile bank accounts, receivables, payables, taxes, and supporting documents before year-end reporting begins.
โœ… ๐—ฃ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฒ ๐—ฏ๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐—ฎ๐—ฑ๐—น๐—ถ๐—ป๐—ฒ โ€” If an audit is required, donโ€™t wait until filing season to organize your accounting records.

An OPC is still a corporation. Proper financial reporting is part of maintaining good corporate compliance.

Not sure whether your OPC needs an audit? We can help assess your requirements and prepare your financial statements for compliance.

๐Ÿ“Œ ๐—”๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ฆ๐—˜๐—– ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—–๐—ต๐—ฒ๐—ฐ๐—ธ๐—น๐—ถ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ข๐—ฃ๐—–๐˜€ ๐Ÿ‡ต๐Ÿ‡ญRegistered a One Person Corporation? Incorporation is only the beginning. K...
11/10/2026

๐Ÿ“Œ ๐—”๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—ฆ๐—˜๐—– ๐—–๐—ผ๐—บ๐—ฝ๐—น๐—ถ๐—ฎ๐—ป๐—ฐ๐—ฒ ๐—–๐—ต๐—ฒ๐—ฐ๐—ธ๐—น๐—ถ๐˜€๐˜ ๐—ณ๐—ผ๐—ฟ ๐—ข๐—ฃ๐—–๐˜€ ๐Ÿ‡ต๐Ÿ‡ญ

Registered a One Person Corporation? Incorporation is only the beginning. Keep your OPC compliant year after year.

Use this annual checklist:
โ˜‘๏ธ ๐—จ๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ โ€” Keep your stockholder, nominee, alternate nominee, officers, and other corporate information current.
โ˜‘๏ธ ๐— ๐—ฎ๐—ถ๐—ป๐˜๐—ฎ๐—ถ๐—ป ๐—ฝ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ ๐—ฏ๐—ผ๐—ผ๐—ธ๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ฟ๐—ฒ๐—ฐ๐—ผ๐—ฟ๐—ฑ๐˜€ โ€” Keep accounting records updated and reconcile your accounts regularly.
โ˜‘๏ธ ๐—ฃ๐—ฟ๐—ฒ๐—ฝ๐—ฎ๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—”๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€โ€” Close your books and prepare the required financial reports after year-end.
โ˜‘๏ธ ๐—”๐—ฟ๐—ฟ๐—ฎ๐—ป๐—ด๐—ฒ ๐—ฎ๐—ป ๐—ฎ๐˜‚๐—ฑ๐—ถ๐˜, ๐˜„๐—ต๐—ฒ๐—ป ๐—ฟ๐—ฒ๐—พ๐˜‚๐—ถ๐—ฟ๐—ฒ๐—ฑ โ€” Determine early whether your OPC needs audited financial statements.
โ˜‘๏ธ ๐—™๐—ถ๐—น๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—”๐—ป๐—ป๐˜‚๐—ฎ๐—น ๐—™๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—ฆ๐—˜๐—– โ€” Follow the SECโ€™s applicable filing schedule and requirements.
โ˜‘๏ธ ๐—™๐—ถ๐—น๐—ฒ ๐˜†๐—ผ๐˜‚๐—ฟ ๐—š๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ฎ๐—น ๐—œ๐—ป๐—ณ๐—ผ๐—ฟ๐—บ๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฆ๐—ต๐—ฒ๐—ฒ๐˜ (๐—š๐—œ๐—ฆ) โ€” Submit your OPCโ€™s GIS within the applicable deadline.
โ˜‘๏ธ ๐—–๐—ต๐—ฒ๐—ฐ๐—ธ ๐—ณ๐—ผ๐—ฟ ๐—ฐ๐—ผ๐—ฟ๐—ฝ๐—ผ๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฐ๐—ต๐—ฎ๐—ป๐—ด๐—ฒ๐˜€ โ€” Changes to your address, officers, nominee, or other registered information may require separate SEC filings.

Donโ€™t wait for the deadline. Start your year-end accounting and compliance review early.

Need help keeping your OPCโ€™s financial reporting organized? We provide accounting, tax, and compliance support for corporations.

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