How Much Does Running a Business in the Philippines Cost
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Transcript of How Much Does Running a Business in the Philippines Cost
Key Takeaways● Filipino employees with college degrees have very affordable
wages averaging at $2 to $7 per hour (depending on skills
and work experience). (Minimum wage in New York or
California is already at $9 to $10 per hour while Paris is at
$12.81, UK at $9.83, and Australia is at $15.36.)
● With a Philippine Economic Zone Authority accreditation, you
can enjoy great savings on taxes. (4 to 6 years income tax
holiday, tax-free importation of parts and equipment).
● Leasing a serviced office in the Philippines is a smarter option
because it is often located in PEZA-accredited areas and third-
party providers like KMC Solutions make doing business in
the country easier.
● At $100,000, you can already run a call center with 10
employees for a year in a reputable and professional office
location.
For more information about doing business in the Philippines, contact us.