What are the size limits for Filipino citizens acquiring or leasing alienable public lands?
A Filipino citizen may lease up to 500 hectares of alienable public land, or acquire up to 12 hectares.
What conditions must a foreign corporation meet regarding its home country’s laws to be eligible to transact business in the Philippines?
What conditions must a foreign corporation meet regarding its home country’s laws to be eligible to transact business in the Philippines? A foreign corporation is defined as one formed, organized, or existing under laws other than those of the Philippines (SEC. 140, Revised Corporation Code of the Philippines). Crucially, its laws must allow Filipino citizens
