Pursuing a manpower recruitment business in the Philippines is feasible through registration of a corporation with the required Philippine equity or through partnership with an existing licensed recruitment office, or a single proprietorship with a license. This license is obtained when registering the manpower recruitment company with the Philippine Overseas Employment Administration (POEA). The POEA guidelines provide that only those who possess all the following qualifications may be permitted to register a company and engage in the business of recruitment manpower and placement of Overseas Filipino Workers (OFW).
K&C will assist local and foreign companies with the requirements and registration process to register a manpower recruitment company or agency with the POEA, SEC and BIR. We will draft all contracts and consolidate all required documentation. K&C works directly with its clients and POEA to ensure an efficient registration process.
A manpower/recruitment agency must be 75% Filipino owned and have a P2,000,0000 minimum paid up capital. You will be required to maintain a balance in a local bank of P500,000 and have a P1,000,000.00 escrow agreement with POEA (Philippine Overseas Employment Agency) as well as a P100,000 bond.
The Philippine Overseas Employment Administration (POEA) is the government agency in the Philippines, which is responsible for optimizing the benefits of the country’s overseas employment program. The POEA is attached to the Department of Labor and Employment (DOLE) and was created to promote and to monitor the overseas employment of Filipino workers. POEA is also the lead government agency tasked to monitor and supervise all foreign owned and local manpower recruitment agencies in the Philippines. The POEA is also an ISO- certified organization. This certification is proof of its international standards.
Industry Regulation
Employment Facilitation
Contact Kittelson & Carpo Consulting