Finding guidance to assist you in starting a business in a foreign country and hit the ground running is essential, especially if you are in the Philippines. The Philippines is sometimes confusing and bureaucratic in terms of government requirements and registration with their various agencies. Then there are the tricky foreign ownership restrictions as well as 100% foreign ownership possibilities for outsourcing companies along with special tax breaks and incentives. These options are a bit overwhelming to some foreign investors looking to setup a business in the Philippines.
Some large multi-national companies continue to look to big firms such as Baker & McKenzie and PricewaterhouseCoopers for assistance for tax and registration processes when setting up in a new company. However, small and medium size companies are looking to boutique firms such as Kittelson & Carpo Consulting (K&C), fully focused on providing full consulting services for outsourcing operations. K&C assists foreign BPO, IT, call centers and other outsourcing companies doing business in the Philippines. In less than two years in the industry, Kittelson & Carpo Consulting has earned the trust of more than 50 foreign clients setting up outsourcing operations in the Philippines. This companies here flocking to the Philippines to take part in the outsourcing industry, which is now becoming one of the fastest growing industries in the world.
“The outsourcing industry in the Philippines has been booming with a 40% yearly increase over the past few years. The industry is even now expected to accelerate as North American and European companies look for ways to quickly cut cost due to the global financial crisis. We are not only being contacted my American companies in the call center and IT industries but by Canadian, Australian, Singaporean and European companies looking to set up a branch office in the Philippines to handle their own outsourcing needs.” said Gregory Kittelson, Managing Director of Kittelson & Carpo Consulting.
About Kittelson & Carpo Consulting:
Kittelson & Carpo was founded by a Filipino corporate tax lawyer (Amanda Carpo) and an American Outsourcing Consultant (Gregory Kittelson) in Makati, Metro-Manila to provide assistance to foreign BPO, IT, Call Centers and other outsourcing companies starting and doing business in the Philippines. Their main areas of expertise are business registration with government agencies, tax incentives, taxation, employment and accounting and payroll services.
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