What is the minimum value required for the securities deposit maintained by a licensed foreign corporation?
Within sixty (60) days after the issuance of its license, the foreign corporation must deposit with the SEC securities for the benefit of present and future creditors in the Philippines (SEC. 143, Revised Corporation Code of the Philippines). These securities must have an actual market value of at least Five hundred thousand pesos (P500,000.00) or such other amount as the SEC may set. Acceptable securities include bonds of the Government of the Philippines, shares of stock in domestic corporations listed in the stock exchange, or any suitable financial instrument determined by the SEC. Foreign banking or insurance corporations are exempt from this initial deposit requirement.
02 November 2025
About Nicolas and De Vega Law Offices
Nicolas and De Vega Law Offices is a full-service law firm in the Philippines. You may visit us at the 16th Flr., Suite 1607 AIC Burgundy Empire Tower, ADB Ave., Ortigas Center, 1605 Pasig City, Metro Manila, Philippines. You may also call us at +632 84706126, +632 84706130, +632 84016392 or e-mail us at [email protected]. Visit our website https://ndvlaw.com/.
