Learning about Electronic Money Issuers (EMI) in the Philippines
Electronic Money Issuers (EMIs) are regulated by the Bangko Sentral ng Pilipinas (BSP).
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Philippine Legal Advice
Bringing in Foreign Investors in Retail Trade
Foreign investors who wish to engage in retail trade in the Philippines should have a minimum paid-up capital of Twenty-Five Million Pesos (P25,000,000).
Limitations on Foreign Investments and Equity in the Philippines
Foreign investments are encouraged by the Philippine government to fuel economic growth. Based on data culled from the National Statistical Coordination Board (“NSCB”), the total approved foreign investments in the Philippines for the year 2014 amounted to P186.9 Billion Pesos (or roughly US$4 Billion Dollars). According to the NSCB, in 2014, Japan is the largest
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How to Elect Directors of a Corporation
Directors are elected by the stockholders of a corporation in an election held where the owners of majority of the outstanding capital stock, whether in person or through proxy, are present.
What You Need to Know When Employing Night Workers
This article is about night workers. A night worker is one who performs no less than seven (7) consecutive hours of work within the period of 10 p.m. to 6 a.m. The law mandates health assessments, certain facilities and the protection of rights of night workers.
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Protection of Trade Names
A trade name pertains to the identity of a company and is given protection by the law even prior to or without registration, against any unlawful act committed by third parties. The right to the exclusive use of a corporate name with freedom from infringement by similarity is determined by priority of adoption. The injured company can seek relief from the SEC.
Learn About the 2022 Philippine Holidays
This article discusses the Philippine Holidays, Special Working and Non-Working Days for the year 2022, as declared under Proclamation No. 1236.
Understanding Penalties in Criminal Laws in the Philippines
This article discusses penalties under criminal laws in the Philippines, the Revised Penal Code, and Special Penal Laws, and how to determine the imposable penalty.
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KNOW THIS! HOW LAWS ARE PASSED IN THE PHILIPPINES
This article discusses how a law is passed in Philippines.
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Who is a Nuisance Candidate?
This article defines a nuisance candidate as one who puts the election process in mockery, cause confusion among the voters and clearly demonstrate that the candidate has no bona fide intention to run for public office. The Comelec may, motu propio or upon a verified petition (filed within 5 days from the last day for the filing of certificate of candidacy), declare a candidate a nuisance.
