In the Philippines, the sound of Christmas bells not only evokes the feeling of Christmas cheer but also signals for the payment of the 13th month pay for employees. Under Presidential Decree 851, all rank-and-file employees are entitled to the 13th month pay regardless of the amount of basic salary that they receive in […]
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We can’t do everything by ourselves. Sometimes, we need a little help. Oftentimes, we need a joint venture. The Philippine Supreme Court has described a joint venture as an association of persons or companies jointly undertaking some commercial enterprise; generally, all contribute assets and share risks which requires a community of interest in
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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.
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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
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 »
If you have lost in a trademark opposition or cancellation case (classified as inter partes proceedings) with the Philippine Intellectual Property Office, do not lose hope. The losing party has remedies under the law for the appeal of his case. Appeal to the Director of the Bureau of Legal Affairs A party wishing
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The Philippines is one of the countries with the most generous number of public holidays. It is very important for businessmen to know these holidays to ensure that they are paying the proper holiday pay to their employees. The two common types of holidays are regular holidays and special non-working days. Contrary to popular belief,
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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
The act of annoying someone is called unjust vexation and considered a form of light coercion punishable under Article 287 of the Revised Penal Code
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Why do husbands cheat on their wives? We do not know the answer to that. However, we do know that cheating on one’s wife is punishable by law. Article 334 of the Revised Penal Code punishes the husband when he commits any of the following acts: 1. He shall keep a mistress in
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