Debt collection functions in the Philippines often go hand in hand with other back office operations. Back Office Business Process Outsourcing (BPO) is a continuously growing industry. The country is known as a global and regional center for corporate back room operations. These include financial services such as accounting and bookkeeping, account maintenance, collection of accounts receivable, administration of accounts payable, payroll processing, asset management, financial analysis and auditing, management consulting, inventory control, and other finance-related activities.  

First, before setting up the back office it is important to register your business/company with the Philippine Securities and Exchange Commissions (SEC).

Outsourcing is considered as an export business and can be classified as a 100 percent foreign-owned corporation. Any company that has a 70 percent export of its services and products will qualify as an export enterprise.

MultiRational assists various outsourcing companies that would like to set up operations in the Philippines. We will assist in determining the most appropriate steps that you and your company should follow and take you through the procedures in setting up business operations here in the Philippines. MultiRational will also assist you and your company to determine your PEZA or BOI eligibility, allowing your company to avail of tax incentives as well as other exemptions issued by the government.