Prelude to Opening a New Enterprises

Two days later. 

Back at the PSE Tower, Michael was working on his computer, rereading the outline Juliet had sent him yesterday about the creation of a new enterprise in medical technology and pharmaceuticals. According to her email, there are several steps to open a medical technology and pharmaceutical company in the Philippines.

First, the company must be registered with the Securities and Exchange Commission (SEC) in the Philippines. This involves submitting the proposed company name for approval and providing the articles of incorporation, and the names of the directors.

Second, they need to obtain the necessary permits from the local government unit where the business will operate. This includes the barangay clearance, mayor's permit, and business permit.