NRDSPs must register with the Philippine Tax Agency, BIR and pay 12% VAT on digital services used locally, with penalties for non-compliance.

As businesses expand across borders or operate in regulated jurisdictions, nominee services are often considered to meet local compliance requirements. Nominee directors or shareholders can provide privacy and satisfy statutory obligations, but they are not always the most practical long-term solution. What Are Nominee Services? Nominee services involve appointing an individual or entity to act as a director, shareholder, or officer on paper while control remains with the be

Business meeting with 9 people in a conference room. Laptops and papers on table. Screen shows a graph. Professional mood.