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Country Guide

Philippines

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Philippines

Overview

CURRENCY
Philippine peso (PHP)
WORKING HOURS
40 hours / week
PUBLIC/BANK HOLIDAYS
18, including special non-working holidays
CAPITAL
Manila
LANGUAGE
Filipino (Tagalog) and English
REMOTE WORKERS
Over 2.5 million
MINIMUM HOURLY SALARY
Varies by region — from PHP 310 to PHP 537 daily
TAX YEAR
1st Jan - 31st Dec
DATE FORMAT
MM / DD / YYYY
MISCLASSIFICATION PENALTIES
Fines from PHP 5,000 to PHP 20,000 plus retroactive social security contributions, 13th salary and time off back pay, and imprisonment for 6 to 12 years
FUN FACT
The Philippines was the first country in the world to have an LGBTQ political party
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