Employee Leasing Philippines

Thanks to its well-developed infrastructure, strategic location, and numerous trade agreements, the Philippines is a favorite destination for businesses wishing to expand their activity into the East Asian market at reduced costs.

About Employee Leasing in the Philippines

The country’s rapidly-growing economy and large domestic market make it a privileged option for businesses in expansion.

Companies can achieve expansion into the Philippines quickly and easily through employee leasing, as it allows them to flexibly measure their growth potential in the country before fully committing to the expansion. Foreign companies are leveraging the benefits of employee leasing in the Philippines to tap into the region’s skilled workforce and cost efficiencies. The services offered by FMC Group help companies be completely compliant with local laws and regulations and hire a team that is extremely familiar with the Filipino market and its trends.

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Stephan Dorn
Managing Partner

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Advantages of Employee Leasing in the Philippines

Employee Leasing Services Offered by FMC Group

Management and Reporting Flow of Employee Leasing Services

Management and Reporting Flow Chart 1

Advantages of the Filipino Market

Recruitment in the Philippines

Social Contributions and Taxes

Employer Contributions
Social Security System8.00% (capped at PHP 2,155)
Home Development Mutual Fund2.00%
Philippine Health Insurance Corporation1.75%
Provident FundPHP 425
Total11.75% + PHP 425
Employee Contributions
Social Security System4.00%
Home Development Mutual Fund2.00% (daily pay over PHP 1,500)

1.00% (daily pay below PHP 1,500)

Philippine Health Insurance Corporation1.75%
Provident FundPHP 225
Total6.75% – 7.75% + PHP 225
Employee Income Tax
Up to PHP 250,000 yearly0.00%
Between PHP 250,000 and 400,00020.00%
Between PHP 400,000 and 800,00025.00%
Between PHP 800,000 and 2,000,00030.00%
Between PHP 2,000,000 and 8,000,000PHP 490,000

+ 32.00% of excess over PHP 2,000,000

From PHP 8,000,000PHP 2,410,000

+ 5.00% of excess over PHP 8,000,000

 

Disclaimer: Although we carefully researched and compiled the above information, we do not give any guarantee with respect to the actuality, correctness, and completeness.

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