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Welcome to the official page of:

"THE PRACTICAL LAW BOOK
ALL FILIPINO ENTREPRENEURS
MUST READ"

The first and only book in the Philippines that compiles the basic and important laws all Filipino entrepreneurs must know

  • 1,300+ questions and answers on laws and legal topics affecting real-world business situations

  • More than 400 pages of practical legal information.

  • Written simply and is easy to understand.

  • Authored by Atty. Nikko G. Lagmay, a 16-year corporate and business lawyer who has rendered legal advice to hundreds of entrepreneurs.

  • Free access to more than 100 downloadable business templates.

.KNOW THE LAW
BE A MORE EQUIPPED ENTREPRENEUR

   Get a copy of      

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Topics of the book include:

 

  • Business registration

  • Government permits and compliance

  • Sole proprietorships, partnerships, and corporations

  • Labor law and employment issues

  • BIR compliance and taxation

  • Trademark and intellectual property law

  • Common crimes committed in business operations

  • Obligations and contracts

  • SSS, Pag-IBIG, PhilHealth

  • Plus more.

What will you learn...

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1. Business registration

  • Importance of registering your business

  • How to register your business with DTI, SEC, BIR, Barangay, LGU, SSS, Pag-IBIG, PhilHealth, and IPO

  • What will happen if you do not register your business?

  • How to close your business​

  • What will happen if you fail to properly close your business?

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2. What is the best company to use in operating your business. 

  • Sole proprietor vs. partnership vs. corporation vs. OPC

  • Advantages and disadvantages of each business entity as to ease in business operations, tax liabilities, exposure of personal assets, government compliance, and more. 

  • How to operate a sole proprietor, partnership, corporation, and OPC. 

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3. Taxation law and BIR compliance

  • How to register your company with the BIR

  • Types of taxpayers

  • How to legally save on taxes

  • What returns should you file

  • How to file your tax returns

  • When are the deadlines 

  • Tax deductions

  • Tax rates

  • VAT vs. Non-VAT

  • What are book of accounts

  • BIR audit

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4. Labor law compliance

  • Who are considered your employees

  • Importance of employment contracts and how to draft them

  • Mandatory labor benefits that you must given to your employees

  • How to compute for labor benefits

  • Types of employees (probationary, project, term, casual, etc.), and what benefits they are entitled to.

  • How to discipline employees

  • How to terminate employees

  • What are the grounds to terminate employees

  • What is due process in terminating employees

  • What is a company manual

  • What to do if a labor case if filed against you​

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5. Trademark law and brand protection.

  • Importance of trademarks

  • What trademarks can be registered

  • How to register your trademark

  • Benefits of having a registered trademark

  • How to know if you are using another person's trademark

  • Risks of using another person's trademarks

  • How to maintain your trademark

  • What to do if someone if using your trademark without your consent

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6. Obligations and contracts

  • What are obligations

  • What are contracts

  • When are obligations binding

  • How to examine contracts

  • How to draft contracts

  • What are void and voidable contracts

  • What to do in case of breach of contract

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​7. Common Crimes in business operations. 

  • What are crimes?

  • What is the difference between a crime and breach of contract

  • What is the difference between a crime and criminal liability

  • What to do if a crime has been committed

  • Process of filing a criminal case in the Philippines

  • Estafa (Swindling)

  • BP 22 or the Bouncing Checks Law

  • Theft and Qualified Theft

  • Robbery

  • Falsification and Use of Falsified Documents

  • Sexual Harassment

  • Falsification

  • Oral Defamation

8. SSS, Pag-IBIG, Philhealth

  • What are these agencies

  • Is registration mandatory

  • Is monthly compliance mandatory

  • How to register

  • How to comply

  • How to pay

  • What is the liability for failing to comply

  • Who will be liable for failure to comply

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9. Microbusiness Law

  • What is a microbusiness enterprise

  • What are the benefits of being a microbusiness

  • How to qualify as a microbusiness

  • How can your business be tax exempted as a microbusiness

  • How to maintain the status of being a microbusiness

FREQUENTLY ASKED QUESTIONS.

Q: What is this book?

"The Practical Law Book All Filipino Entrepreneurs Must Read" is a practical business law guide written specifically for Filipino entrepreneurs. It is the first book in the Philippines that compiles the most common legal issues encountered in day-to-day business operations and explains them in a clear and practical manner.

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Q: What is the book all about?

​​

The book is a compilation of the most common legal topics encountered by businessmen in the day-to-day operation of their businesses. It focuses on real business situations and provides guidance on what to do, what to avoid, and the possible legal consequences of business decisions.

​​

Q: Why was this book written?

The book was written to empower entrepreneurs by providing access to a clear, practical, and comprehensive guide to the laws affecting business, explained in a way that is easy to understand.

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Q: Are there other books of this kind in the market?

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There is none. This is the only legal book that compiles the basic legal subjects an entrepreneur must know and understand in operating a business.

​​

This 400+ page book contains more than 1,300 practical questions and answers covering the legal areas every entrepreneur must know.

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Q: What topics are covered in the book?

The book covers, among others:

  • Determination of best entity to use in operating a business;

  • Business registration

  • Government permits and regulatory compliance

  • Laws and liabilities of a sole proprietorship

  • Partnership law

  • Corporate law

  • Labor law and employment issues

  • BIR compliance and taxation

  • Trademark and intellectual property protection

  • Common crimes committed in business operations

  • Obligations and contracts

  • SSS, Pag-IBIG, and Philhealth

  • Barangay Micro-Business Law

  • Other essential business law topics

 

Q: Who wrote the book?

 

The book was written by Atty. Nikko G. Lagmay, a corporate and business lawyer with more than 16 years of experience advising and working with hundreds of businessmen across various industries.

He is the managing partner of Lagmay Olavere Rosas & Domingo Law Office, a law firm that specializes in corporate and real estate law. To know more about the firm, you can visit their website at www.lordlaw.ph.

Q: How is the book written?

The book is written in a question-and-answer format to make it easy to read and understand. Legal jargon is minimized, and when technical terms cannot be avoided, they are explained in simple and practical language.​

​​​

Q: Who is this book for?

This book is for:

 

  1. Entrepreneurs who want a quick, practical reference for everyday legal questions;

  2. Entrepreneurs handling their own compliance who does not have a retained corporate lawyer;

  3. College students, young professionals, or anyone who plan to start their own business;

  4. Freelancers and professionals transitioning into registered businesses;

  5. Corporate officers, managers, and in-house staff involved in contracts and compliance;

  6. New lawyers who want to learn practical real-world knowledge in business, labor, trademark, taxation, commercial, and business related laws;

  7. Litigation lawyers who wish to expand their practice to include business and corporate clients;

  8. Corporate officers, managers, and in-house staff;

  9. Accountants, bookkeepers, and HR practitioners who work closely with business owners;

  10. Foreigners doing business in the Philippines who need a practical overview of local business laws; and

  11. Anyone who wants to understand practical business law.​​

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Q: What else can you get once you purchase the book?

​​

You will have access to more than 100 downloadable legal business forms that you can edit and use, including: 

​​

   - Employment contracts

   - Employment handbook

   - Board resolutions

   - Secretary's certificate

   - General Information Sheet

   - Notices to explain

   - Notices of termination

   - Contracts

   - Demand letters

   - Special power of attorney

   - Partnership resolution

   - Minutes of the meeting

   - Stock certificate

   - Proxy form

   - Notices to DOLE

   - Plus many more

All templates were drafted and reviewed by the author. ​​

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Q: Does this book replace the need for a lawyer?

No. This book does not replace professional legal advice and does not cover all possible legal situations. The author strongly recommends engaging the services of a lawyer when necessary. However, for those who find it impractical at the moment to retain legal counsel, this book provides a solid foundation and guides the reader on where to start.​​

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Q: How much does it cost?

The softbound version of the book is 1,300, while the hardbound is 1,600.

​​​

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Q: When will the book be available?

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The book is now available. 

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Q: How can you purchase a copy of the book?

There are 3 ways to purchase the book:

1. Online purchase via LBC or J&T express (anywhere in the Philippines. 3 to 4 days delviery time) or via Grab or Lalamove (Metro Manila, same day delivery).

Please send the following information:

​​​

​​​- Complete Name:

- Mobile Number:

- Email:

- Softbound or hadrbound:

- Number of books to be reserved:

​​​​​

to

​​​

- Email: book@lordlaw.ph

- Mobile: (+63) 968 576 4651

- Facebook Messenger: facebook.com/practicallawbook

 

​​​

2. Purchase it directly via Shopee, TikTok, or Lazada:

 

Shopee - https://ph.shp.ee/bSSwpKwa

Lazada -   https://s.lazada.com.ph/s.ZUCbm6?c=b

TikTok - https://vt.tiktok.com/ZS9YoyDpdAEtJ-NWZjx/

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​3. Pick-up at our office at:

Room 201, Verde Oro Bldg., 535 Commonwealth Ave., Old Balara, Quezon City, Metro Manila.

Q: How can you pay for the book/s?

It can be paid thru Gcash, Paymaya, bank transfer, cash, or COD.

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 Reviews 

This book is for:

 

  1. Entrepreneurs who want a quick, practical reference for everyday legal questions;

  2. Entrepreneurs handling their own compliance who does not have a retained corporate lawyer;

  3. College students and young professionals who plan to start their own business;

  4. Freelancers and professionals transitioning into registered businesses;

  5. Corporate officers, managers, and in-house staff involved in contracts and compliance;

  6. New lawyers who want to learn practical real-world knowledge in business, labor, trademark, taxation, commercial, and business related laws;

  7. Litigation lawyers who wish to expand their practice to include business and corporate clients;

  8. Accountants, bookkeepers, and HR practitioners who work closely with business owners;

  9. Foreigners doing business in the Philippines who need a practical overview of local business laws; and

  10. Anyone who wants to understand practical business law.

​How to purchase the book...

To get a copy, please contact us through the information below:

​​

Email: book@lordlaw.ph

Mobile No. (63) 968 576 4651 (SMS, Telegram, Viber)

Facebook Messenger: www.facebook.com/practicallawbook

​​

You may also purchase a copy directly through Shopee, Lazada, or TikTok:

 

Shopee - https://ph.shp.ee/bSSwpKwa

Lazada -   https://s.lazada.com.ph/s.ZUCbm6?c=b

TikTok - https://vt.tiktok.com/ZS964rb451tcr-WjQvc/

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