Coworking Space: Shared Workspaces in Metro Manila
Coworking Space: Shared Workspaces in Metro Manila
Coworking Space: Shared Workspaces in Metro Manila
CASE STUDY
COWORKING SPACE
SHARED WORKSPACES IN METRO MANILA
Coworking Spaces
The very objective of the blooming coworking spaces in Metro Manila is to conduce
collaboration, conversation, and a community among its common users. The usual
users of these spaces are mostly freelance entrepreneurs, independent start-ups,
small teams, and even students, who are in need of convenient yet affordable
spaces to unleash productivity and creativity.
A. Reception Area
KMC Spaces
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B. Hot desks (open workspace in a common area, where one gets to pick a spot)
47 East
vWork
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Work Folk
GreatWork
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Work Folk
G. Pantry / Bar / Kitchen (where free coffee and tea are available; for more intimate
setting to hold meetings over coffee or lunch).
Agor’s Co-working
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H. Printing Area
Bonus Areas
a. Napping Stations
b. Shower Rooms
c. Exercise Area
d. Locker Area
“Aside from the retro look, the owner wants to brand the space as a center where
people can do their work productively and collaborate with others in a cozy set-up.”
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“Aside from the aforementioned hotdesking (meaning you are free to sit anywhere)
and sockets all around, you can enjoy 20mbps Wi-Fi. The owner understands the
need for this, so you could work seamlessly without the frustration of slow Internet
speeds.”
Rates:
Group passes (3 to 4 people): 600 php (for a day) / 3,500 php (for a month)
Meeting Room (up to 6 people): 500 php per hour / 3,000 php per day
(up to 10 people): 1,200 php per hour / 5,000 php per day
Workshop Venue: 8,000 php (first 4 hours, +1000 php for succeeding hours)
2. Launchpad Coworking
Unit 214-215, 2/F Commercenter Alabang, Commerce Avenue corner East Asia Drive, Filinvest
Corporate City, Muntinlupa City
9am to 7pm (Monday-Friday) ; 10am to 5pm (Saturday)
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A 180 sqm. space, with 5 private office space, one meeting room, a kitchen,
reception area, and open coworking spaces. Launchpad is also available as a virtual
office, which allows new business owners to use its address for registration
purposes.
Rates:
Permanent workspace, fixed desks (for 4 people): starts at 22,500 php per month
3. Warehouse Eight
Warehouse 8-A, La Fuerza Plaza, 2241 Chino Roces Avenue, Makati City
8am to 8pm (Monday-Friday) ; 24/7 for Event space
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A creative vibe could be perceived in the space, despite its no frills interior, all which
aims to conduce creativity, collaboration, and the rise of new ideas among the
users.
Rates:
Event space (for up to 50 people): valid for 8 hours, + 1 hour for ingress/egress
4. WeWork
Uptown Bonifacio Tower Three, 36th Street corner 11th Avenue, Bonifacio Global City
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Rates:
5. Work.able
Cyberscape Gamma, Topaz and Ruby Roads, Ortigas Center
Rates:
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6. GreatWork
Ben-Lor IT Center, 1184 Quezon Avenue, Diliman, Quezon City
Rates:
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“As the simplest form of business in the Philippines, the business registration
process is relatively easy. Sole proprietorships are also the easiest to run since they
do not have the same formalities and regulations that corporations and
partnerships have.” (Source: Philippines Business Registration)
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Barangay Clearance Certificate, two valid forms of ID, and proof of
residency.
3. BIR (Bureau of Internal Revenue)
● Visit your regional district office in the city where your business is located.
You will be required to fill out a BIR form 1901, which is an application to
register your sole proprietorship. In addition to your completed BIR form
1901, you will need to submit your Certificate of Registration from DTI, your
Barangay Clearance Certificate, your Mayor’s Business Permit, proof of
residency, and valid ID. You will also have to pay for registration, (BIR Form
0605), and register your book of accounts and provide any receipts or
invoices you have for the business. After all of this has been completed, you
will be able to claim your certificate of registration, (BIR form 2303).
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Partnership - SEC
“A partnership requires two or more people who agree to contribute assets, with
the intent of dividing profits among all parties involved.” (Source: imoney.ph)
Business registration is at the Securities and Exchange Commission (SEC).
(SOURCE A)
● Verify the availability of your business name on the SEC website, and once verified,
you may already reserve the company name online. Confirmation of your company
name should be done at any SEC office within four (4) days, or it will be forfeited.
● Fill out the online application forms via SEC i-Register, and print it for submission to
the SEC office.
http://www.sec.gov.ph/wp-content/uploads/2015/01/Doc_Reqts_Partnership.pdf
Basic Requirements
Additional requirements
For Business activities requiring clearances from other SEC departments and
endorsements from other government agencies:
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http://www.sec.gov.ph/wp-content/uploads/2015/01/Endorsement-Clearance.pdf
(SOURCE B)
Requirements:
● Registration with DTI or SEC (depending on partnership’s capital)
● Submission of duly notarized Articles of Partnership
● Submission of SEC form F-105 (for partnerships with foreign members)
● Procurement of licenses and clearances from necessary government offices
● Registration with BIR
● Registration with government offices (if employing individuals)
● Acquisition of business permit and mayor’s license
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Corporation - SEC
https://fitzvillafuerte.com/a-simple-guide-to-registering-a-corporation-in-the-philippines.ht
ml
Done with the Securities and Exchange Commission (SEC). Takes 1 day to complete.
Once verified and approved, you will pay P40 to have the name reserved for a month.
You must then file the application for incorporation to the SEC within one month or pay
another P40 to extend the deadline for another month.
Done at the bank. Takes 1 day to complete. Fees vary from bank to bank.
Done with the SEC. Takes at least 3 days to complete. Fees will add up to around
P3,000. You need to submit the verification slip (from Step 1), bank certificate of deposit
(from Step 2), articles of incorporation and by-laws, treasurer’s affidavit and many other
documents. Forms and check list available at the SEC.
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Obtained at the barangay office or city hall. Takes only 1 day. Fee will be P500
minimum.
Done with the barangay office. Takes 2 days. Fees will be around P1,000.
Done at the City Hall Business Licensing Office. Takes around 2 weeks to complete.
Your biggest expense in terms of fees as it will depend on your declared capital. Prepare
at least P10,000. Aside from documents obtained in the previous step, you will be
required to file other forms and requirements. Ask the licensing office for the check list.
Done at the Bureau of Internal Revenue (BIR) office. Takes around 4 days. Registration
fees may add up to around P750 plus additional fees for documentary stamp taxes
which depends on your declared capital. You will obtain your company Tax Identification
Number (TIN), authority to print receipt/invoices and other documents.
Buy from any bookstore. Takes 1 day. You’ll be spending around P500 for a cash
receipts account, a disbursements account, a ledger and the general journal. Consult
your local BIR office for specific requirements on the books.
Done with any print shop accredited by the BIR. Takes around 1 week. Fees vary but it’s
usually around P5,000 for 25 booklets.
Done at the BIR office. Takes 1 day at no cost. At this point, you can now legally operate
your business.
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(SOURCE B)
https://fitzvillafuerte.com/how-to-register-your-business-in-the-philippines.html
Get a certificate of registration for your business name in Securities and Exchange
Commission (SEC).
After getting your certificate of registration, you will need to visit the following offices:
● Homeowners Association – for businesses inside villages and subdivisions, you need
to get a homeowner’s clearance
● Barangay Hall – secure a barangay clearance to operate your business
● Local Government Unit (LGU) – visit the municipality or city hall office and process
your business permit
● Bureau of Internal Revenue (BIR) – apply for a business taxpayer identification
number (TIN), register your books of accounts, point-of-sales (POS) machines and
receipts
At this point, you may now legally start your business operations, but you’ll need to then
register your employees (which may include yourself) to the following agencies:
● Social Security System (SSS) – secure an SSS number for yourself and your
employees
● Department of Labor and Employment (DOLE) – for businesses with five workers or
more, register your business with DOLE
● Home Development Mutual Fund (HDMF) – as required by RA 7742, SSS members
earning at least P4,000 a month must be registered with HDMF. This agency
administers the Pag-Ibig Fund.
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● Philippine Health Insurance Corp. (PhilHealth) – all employers are required to
register their employees to this agency as stated in the New National Health
Insurance Act (RA 7875 / RA 9241). PhilHealth manages and administers the
government health care system.
If your business falls under any of the categories below and note the document that
you need to secure and where to get it.
● Real estate projects: register with the Housing and Land Use Regulatory Board
(HLRUB)
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● Operating costs for utilities—water, electricity, and a reliable and strong internet
connection
● Various small operating costs—trash cans, light bulbs, and a coat rack, to name
a few.
Depending on how far you go with revamping your space, make sure that your basic
● Interior design
● Painting
● Carpentry
● Plumbing
● Electrician’s work
○ For instance, you may need to replace or enhance the current air
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○ Check if you need to build additional exits, install new fire alarms or buy
software that can help you manage your bookings and appointments.
● Customer relationship management software that can help you connect with
potential customers
● Marketing software can help you reach out to a new customer base.
● Various small furniture, such as lockers, portable small chairs, cabling, extra
● Office supplies
○ Can you make a self-serviced coworking space and save on front desk
staff?
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● Costs for various extra perks, special services and design improvements (which
● If the place comes with a garage or a basement, consider how much you need to
invest to remodel the spaces into something that can bring additional income,
such as a fitness center or a small movie theater. If you plan to host large events,
you need to include costs for extra chairs or tables and any additional equipment
you may need if you are the main event organizer, such as food and beverage
https://dangerouslyawesome.com/2012/01/how-much-does-it-cost-to-start-a-coworking-space/
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RESOURCES
https://www.spot.ph/newsfeatures/the-latest-news-features/75493/10-coworking-sp
aces-roundup-manila-a1864-20181106-lfrm4
https://www.esquiremag.ph/money/industry/coworking-space-philippines-a00288-20
190313-lfrm3
https://www.wheninmanila.com/agors-co-working-cafe-community-within-communi
ty/?fbclid=IwAR2gx8Er1Pw16OUgA7pu4LUh_sAIzuUnPdWt76BfhOSq9d1YWfmaiHP3PN
w
https://www.wework.com/workspace
https://workable.ph/
https://www.greatworkglobal.com/
https://www.workfolk.ph/
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https://www.myoffice.com.ph/2019/01/09/starting-a-sole-proprietorship-business-in-
the-philippines/
https://mpm.ph/register-a-sole-proprietor-business/
https://philippinesbusinessregistration.com/company-registration/sole-proprietorshi
p/
https://www.imoney.ph/articles/guide-how-to-start-small-business/
https://www.ecomparemo.com/info/how-to-register-a-business-in-the-philippines-a-
guide-to-bir-dti-and-sec-application/
https://www.tripleiconsulting.com/partnership/
https://www.coworkingresources.org/blog/coworking-plan-estimate-costs
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