Joint Ventures - Advantages
A joint venture in the Philippines with MicroSourcing as your local partner will have the following value propositions:
Ownership
You will own the majority of a Philippine corporate entity, enabling you to add this offshore operation as an asset in your books and assuring that you have the control and ownership required to satisfy your clients and be compliant with their demands.
Risk Mitigation
Starting a corporation in an unfamiliar geography such as the Philippines can be a very risky endeavor. By partnering up with a strong local player like MicroSourcing, you can reduce your risk and leverage the local presence and expertise we have built up over the many years we have been operating in the Philippines.
Cost Savings
Running your own wholly owned subsidiary will require great investments and it will not be cost-effective at least for the first few years. Within the joint venture, MicroSourcing can leverage its scale and assets to run at a much lower cost level.
Time to Market
Setting up your own wholly owned subsidiary will require a lot of due diligence and it takes a company an average of 6-9 months to establish a captive. By leveraging MicroSourcing's local presence and expertise, you can reduce this by 60% or more.

