A Comprehensive Legal Guide to Republic Act No. 11966: The Public-Private Partnership (PPP) Code of the Philippines
This is a comprehensive guide to Republic Act No. 11966 or the Public-Private Partnership (PPP) Code of the Philippines.
A Legal Explainer on the Ease of Doing Business and Efficient Government Service Delivery Act of 2018 (Republic Act No. 11032)
This is a comprehensive guide to Republic Act No. 11032 or the Ease of Doing Business and Efficient Government Service Delivery Act of 2018.
A Legal Explainer on Republic Act No. 11659: Modernizing the Philippine Public Service Act
This is a comprehensive guide to Republic Act No. 11659 which amended the Public Service Act and altered the Philippine foreign investment climate by narrowing the definition of a “public utility,” thereby opening massive sectors like telecommunications, shipping, and railways to up to 100% foreign ownership.
Control Is the Risk: Anti-Dummy Law Compliance for CEOs, CFOs, and General Counsel
This is a comprehensive guide to the Philippines’ Anti-Dummy law dealing with managing foreign ownership risk.
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A Comprehensive Guide to the 12th Foreign Investment Negative List
This article talks about the 12th Foreign Investment Negative List and the foreign equity allowed by law in the Philippines for certain businesses and industries.
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Foreign Ownership Rules under Philippine Laws
This is a comprehensive guide to the Philippines’ foreign ownership laws, including the Revised Corporation Code, Foreign Investment Act, SEC circulars, and recent Supreme Court decisions.
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How to Do Business Legally in the Philippines
Contrary to popular belief, it is actually easy to legally do business in the Philippines. The Philippine government has taken great strides to ensure ease of doing business in the country. You must first remember that in order to do business in the Philippines, you must choose the business vehicle that you wish to utilize.
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Philippine Representative Office
A Representative or liaison office deals directly, with the clients of the foreign parent company but does NOT derive income from the Philippines and is fully subsidized by its foreign head office. It undertakes activities such as but not limited to information dissemination and promotion of the company’s products as well as quality control of
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Philippine Branch Office
A Branch office of a foreign company carries out the business activities of the foreign head office and derives income from the Philippines. It has NO separate legal personality since it is merely an extension of the foreign head office. The minimum inward remittance for a branch office is Two Hundred Thousand United States Dollars
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Philippine Subsidiary
Should you wish to incorporate a Philippine subsidiary, you need to file an application with the Securities & Exchange Commission. It must be noted that a subsidiary has a distinct and separate personality from its parent company. In forming a subsidiary, it must be borne in mind that the Corporate Secretary and Corporate Treasurer must
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