licensing

Licensing Agreements in the Philippines

Licensing agreements, including the assignment, licensing or transfer of intellectual property rights, must be recorded with the Philippine Intellectual Property Office (“IPO”) in order to be enforceable.  However, these agreements need not be recorded if they conform with the requirements of the Intellectual Property Code of the Philippines as to mandatory clauses and prohibited clauses. […]

Licensing Agreements in the Philippines Read More »

close corporation

How to Close a Corporation through the Shortening of its Corporate Term in the Philippines

Life is tough. So is business.  So when the going gets tough, sometimes corporations need to close down.  However, it is not as simple as packing up your things and leaving.  A formal process must be done to legally close a corporation.  One method is through the shortening of the corporate term.   In the

How to Close a Corporation through the Shortening of its Corporate Term in the Philippines Read More »

night shift

Payment of Night Shift Differential in the Philippines (updated last 10 June 2020)

Do you sometimes wonder why call center agents have salaries higher than some employees?  One of the reasons is the night shift differential pay.  Under Philippine labor laws, an employee who works between 10 p.m to 6:00 a.m. should be paid a night shift differential of not less than ten percent (10%) of his regular

Payment of Night Shift Differential in the Philippines (updated last 10 June 2020) Read More »

foreign principal

Creating a Company with a Foreign Principal in the Philippines (Updated as of January 2021)

Foreigners can do business in the Philippines. In fact, foreign investment contributes greatly to the Philippine economy.  Some foreigners wish to establish companies in the Philippines which either form part of the company abroad or with a separate entity from its foreign principal. Either way, companies in the Philippines with foreign principals must be duly

Creating a Company with a Foreign Principal in the Philippines (Updated as of January 2021) Read More »