Supported entity types
Industry classification
Philippine entities use the PSIC (Philippine Standard Industrial Classification) code system. PSIC codes are 4 to 5 digits and are required during entity setup.Required documents
Commenda tracks the documents each entity type must maintain. The specific set varies by entity type, but all Philippine entities require a common base of tax and compliance documents.Formation documents
Tax and compliance documents
These documents are required across all Philippine entity types:Ongoing administration documents
Partnership entities do not require a General Information Sheet.
Tax registrations
Every Philippine entity must register with the Bureau of Internal Revenue (BIR). Commenda tracks four registration types for each entity:For partnerships, the tax treatment depends on the type. General partnerships are taxed as corporations under NIRC §27(A). General Professional Partnerships (GPPs) are tax-transparent under NIRC §26 — partners are taxed individually.
Getting started
To add a Philippine entity in Commenda:- Go to Entities and click Add entity.
- Select Philippines as the country.
- Choose the appropriate entity type from the list above.
- Enter the PSIC industry code and complete the required fields.