Our Services

+63 927 656 2978 | +63 915 536 1754

 

info@thaumazosolutions.com

 

Why Use Our Services

Our Contractor Management Service, Company Set Up and Consulting, and Outsourced Payroll Service are considered one-stop shop, we are confident that we can help you achieve significant administrative cost savings and improvements in your Cash Flow by allowing you to focus in growing business.

Contract and Permanent Recruitment – Register Database Search

Currently looking for candidates – or perhaps several manpower requirement, targetting companies who are not yet prepared to take up higher liabilities in terms of employment. 

Thaumazo Solutions understand the roles, disciplines and experience that certain positions require, whether these are for permanent personnel, limited company contractors.

We understand the value of TIME and we make sure it is appropriately used. We ensure that no candidate will be forwarded to clients, unless we’ve established the candidate’s interest in your position and suitability for it. Where possible, we strictly consider Certifications and Documents supporting the claim of the Candidate and likewise visit the Client on their Actual Work of Location.

The company offers a full service, Total One-Stop Shop to different companies who may benefit from outsourcing the administration and facilitating the works of Human Resource. The tasks which provides additional costs through overhead and learning curve in designing how HR can be best run, is being undertaken by the company. This includes time-consuming tasks which includes – contract preparation, checking of qualifications, monitoring of next of kin, timesheet/expense verification, invoicing/self-billing and payment, releasing your staff and allowing them to focus on your core business.

Contractor Services

At Thaumazo, we care about our contractors. Your next project is our priority. We treat you as an individual, we provide HOTLINE that could address every little issues, constraint, complaints to the candidate, documented and communicated to our friendly team.
Contract reviews. Provides and Assist Companies in doing Contracts Compliance, Administration, and Review to candidates, where possible, it runs back-to-back with the agency/client contract  We customized Performance Metrics to be provided to every Job Detail needed by our client and ensures placed in the contract they signed and understood as deliverables.

We assist Clients in conducting  Performance Review through communicated report towards experience with the Candidate as well as with the Client. Our administration handling includes reminding client on every contract that is set to expire, update and establish if there has been any change to the post or even additional job description to be performed, and most specially provides the work in assisting both client and candidate in processing Mandated Benefit as part of responsibilities usually taken up by Employer where we take the role efficiently.

Candidate Services

As a Thaumazo Solutions Candidate, you are highly considered partner of the Business Entrepreneurs needing your services, while we see you as individual soaring for success. Here’s what you can expect from us:

  • You will be provided with team of specialists who will provide you a specialized training identified needed in order to perform task indicated on the Job Offer
  • Access to our current vacancies, which are updated periodically
  •  Once selected, a friendly and confidential service that is available to you 24/7
  • A personal, long-term approach. We want to get to know you as an individual and help you to achieve your professional goals.

Sole Trader/ Proprietor

Operating a business as a Sole Proprietor is only possible for local Filipinos only.  The advantage and risks of doing this type of business will totally be  asserted prior to the actual registration.  The involvement of foreigners or another individual is not meant to this type of Business Registration.  

Do it right the first time, allow us to assist you in your  Sole Proprietorship registration so you can legally do business in the Philippines within 10 working days. 

 

How much will it cost? It will surely be affordable matching the value of your time.  We can take care your sole proprietorship registration from Conceptualization to Actual Registration.

Partnership

Governing Law

Corporate governance and housekeeping is vital to the success of any business enterprise. The administration, maintenance and filing of corporate records are crucial to every commercial entity. Our legal partners possess adequate understanding of the legal and regulatory requirements necessary for the client’s business, such as the record-keeping and maintenance of your Stock & Transfer Books, and compliance with the reportorial requirements of the difference government agencies such as the Securities and Exchange Commission (SEC), the Department of Trade and Industry (DTI), the Board of Investments (BOI), the Philippine Economic Zone Authority (PEZA) and the like. It is our intention to relieve you with the burden of worrying about corporate compliance, avoid the imposition of fines and penalties and the possible revocation of your business license, so you can be free to focus on the operations of your business.

REGISTRATION REQUIREMENT

Partnerships are required to be registered with the Securities and Exchange Commission (SEC). Registration is done by filing the Articles of Partnership with the SEC. The Articles of Partnership set forth all the terms and conditions mutually agreed by the partners thereto.

  • Proposed Articles of Partnership
  • Name Verification Slip
  • Bank Certificate of Deposit
  • Alien Certificate of Registration, Special Investors Resident visa or Proof of other types of visa (in case of foreigner)
  • Proof of inward remittance (in case of non-resident aliens)
  • It bears noting that corporations are not allowed by law to become partners in a partnership.
LIABILITY

As a general rule, the liability of partners in a partnership organization is unlimited in the sense that the partnership creditors may run after them for any and all of their assets and property in payment of the partnership debts. Should one of the partners defray all liabilities of the partnership, he is entitled to be reimbursed by the other partners for their respective shares therein.

In the case, however, of limited partnerships, the law allows the limitation of the liability of certain partners to the extent of the amount contributed to the partnership.

 

DISSOLUTION

Philippine law allows the dissolution of partnership for any reason, provided such dissolution does not amount to a breach of contract or is prejudicial to third parties. The death of a partner or the unauthorized transfer of ownership of his share in the partnership (in case there is a limitation to this effect) results in the dissolution thereof.

In other words, any change in the composition of the partnership, unless so allowed, will result in the dissolution thereof. Consequently, the remaining partners may form a new partnership with less or more partners.

Domestic Corporation

Registration of a Domestic Corporation in the Philippines

Registering a corporation requires a minimum of 5 incorporators, each of whom must be actual persons that must hold at least a single share in the company. Majority of the incorporators must be Filipino residents. A Corporation may have between 5 and 15 directors (or trustees if a non-stock corporation), each of whom must hold at least one qualifying share of stock. Majority of the directors (or trustees) must be Philippine residents. All Domestic Corporations (those incorporated in the Philippines) obtain their license from and are registered with the Securities and Exchange Commission.

The SEC will require a prospective Corporation to reserve and register a name, submit proposed Articles of Incorporation and By-Laws which are compliant with the requirements of the Corporation Code of the Philippines, and meet the minimum capitalization requirements pertaining to the industry or business that it is engaged in.

Under the Foreign Investment Act, the minimum paid-up capital requirement for a corporations considered Domestic Market Enterprise (DME) or one whose foreign equity exceeds 40% is US$200,000, which amount must be remitted into the Philippines. The registration requirements do not apply to export-oriented enterprise or involve advance technology and will employ at least 50 employees.

STOCK CORPORATION – DOCUMENTARY REQUIREMENTS

100% Filipino Equity
60% Filipino 40% Foreign
  • Bank Certificate 
  • Articles of Incorporation and By-laws
  • Treasurer’s Affidavit
  • Registration Data Sheet
  • Endorsements / Clearances from other government agencies 
More than 40% Foreign Equity
  • Form F-100
  • Articles of Incorporation and By-laws
  • Treasurer’s Affidavit
  • Bank Certificate 
  • Proof of Inward Remittance by non-resident aliens and foreign corporate subscribers who would like to register their investment with the Central Bank of the Philippines.
NON-STOCK CORPORATION

Income or profit generated by this type of corporation cannot be distributed as dividends to its officers or members but shall be used for its operations and for the purpose in which the company was incorporated.

EXAMPLES OF ACTIVITIES OF NON-STOCK CORPORATIONS

 

Religious Fraternal
Foundations Cultural
Associations Educational
Charitable Civic Service
Chambers (Amcham, Cancham, et al)                     
Any combination of the above mentioned
DOCUMENTARY REQUIREMENTS
  • Registration Data Sheet
  • Bank Certificate showing paid in capital
  • Articles of Incorporation and By-laws
  • Treasurer’s Certificate

Representative Office

Registration of a Representative Office in the Philippines

This is the best approach to those companies who have been wanting to do business in the Philippines through a Representative Office. This type of company formation can only undertake information dissemination, promote the parent company’s products, and provide quality control of the products. It cannot generate revenue in the Philippines and can only deal with the clients of its parent company. One of the requirements in securing a license to do business as a representative office is a proof of initial inward remittance in the amount of US$30,000.00. Every year thereafter, the head office must remit the same amount of US$30,000.00 to cover operating expenses of the representative office.

 

THE REQUIREMENTS

Aside from the proof of inward remittance, the other requirements for the registration of a representative office in the Philippines are as follows:

  • SEC FORM F-104
  • NAME VERIFICATION SLIP
  • Authenticated Financial Statements of a date not exceeding one (1) year immediately prior to the application certified by an independent CPA from the home country.
  • Authenticated Articles of Incorporation
  • Registration Data Sheet
  • Affidavit of Solvency
  • Authenticated Copy of the Board Resolution authorizing the establishment of the office, designating the resident agent, and stipulating that in the absence of the agent summons and other legal processes may be served to the SEC.
  • Resident Agent’s Acceptance of Appointment (this is not necessary if the resident agent is the one who will sign the application form).

The consequence of getting wrong payroll makes your workforce unhappy which can detrimentally affect every business. Therefore, outsourcing Payroll service provides businesses and owners, time to focus on the other aspects of business such as growing it.

Payroll is one of the most substantial functions of any business and holds the ability to take your human resource management to next level. It can give you innovative business insights and help you adhere to compliance easily. As one of the top recruitment agency, we understand the significance of error-free payroll in any business organization. The folks we hold massive experience in Payroll management and strive hard to absorb employers-related responsibilities is very vital.

We offer complete payroll solution through state-of-the-art software that takes care of your payroll cycle. We ensure accurate, streamlined and consistent execution of your company’s payroll with our full-fledged payroll solution that reduces your processing costs. Starting from payroll processing to expense management, leave management, client and employee self-service, query management, reports & analytics, etc. are offered to our payroll services.

To name a few, here is a list of payroll services, we offer:

(1) Payroll Management
(2) Attendance and Leave Management
(3) Processing Mandate Benefits for the Company Ensuring it to work Perfectly for the Client