[WEBINAR] Sole Proprietorship: A Compliance-Ready Guide for Small Business Owners and Independent Professionals

InCorp Philippines proudly presents “Sole Proprietorship: A Compliance-Ready Guide for Small Business Owners and Independent Professionals.” Discover how to navigate the complexities of running a sole proprietorship, learn practical tips to stay compliant while managing risk to build a solid foundation for your business success.

The webinar will be on August 11, 2025, from 2:00 PM to 4:00 PM (GMT+8) via Zoom.

Event Outline:

Running a sole proprietorship comes with unique challenges, from understanding legal obligations to managing taxes and compliance requirements. Being able to navigate such complexities will set the stage for long-term success. This webinar will cover the following topics:

1. Understanding Sole Proprietorship
   • What is a sole proprietorship?
   • Key features and legal identity
   • Pros and cons
   • Comparison with other business structures (partnership, corporation)
2. Business Registration Process
   • Step-by-step registration with:
   • DTI (Business Name Registration)
   • Barangay Clearance
   • Mayor’s/Business Permit
   • BIR (Certificate of Registration, Form 1901, Books of Accounts)
   • Requirements, fees, and timelines
3. Compliance Requirements
   • Tax obligations (Percentage Tax, Income Tax, Withholding Tax)
   • Bookkeeping essentials
   • Issuance of Official Receipts
   • Annual and renewal requirements (DTI, LGU, BIR)
   • Common compliance mistakes to avoid

Atty. Albert Bundalian, serving as Legal Counsel and Business Consultant at InCorp Philippines, assists clients with their legal compliance needs business registration, product registration, corporate housekeeping, due diligence, and other related concerns.

Who Should Attend:

This webinar is perfect for:

• Small Business Owners: Those operating as sole proprietors who want to ensure compliance and streamline their business processes.
• Independent Professionals: Freelancers, consultants, and contractors looking to navigate legal and regulatory requirements with confidence.
• Aspiring Entrepreneurs: Individuals considering starting a sole proprietorship and seeking a compliance-ready foundation.
• Anyone Managing a Sole Proprietorship: Gain insights into staying compliant and avoiding common pitfalls.

Participation is open to all. If you’re ready to simplify compliance and focus on growing your business, this webinar is for you!