Share There are a number of ways for foreigners to invest directly in a Philippine company doing business in the Philippines, or directly conduct business in the Philippines. Here are some of them:
Archive for the 'Corporate and Investments' Category
Foreign Investments and Doing Business in the Philippines
Published by March 16th, 2009 in Corporate and Investments. 2 CommentsPrimer on the Personal Equity and Retirement Account (PERA) Act
Published by March 15th, 2009 in Banking and Corporate and Investments. 1 CommentShare What is PERA? PERA stands for “Personal Equity and Retirement Account ,” which refers to the voluntary retirement account established by and for the exclusive use and benefit of the Contributor for the purpose of being invested solely in PERA investment products in the Philippines. The Contributor shall retain the ownership, whether legal or [...]
Introduction to the Philippine Cooperative Code of 2008
Published by March 9th, 2009 in Cooperatives and Corporate and Investments. 2 CommentsShare The law which governs cooperatives, prior to the recent enactment of Republic Act No. 9520 (“Philippine Cooperative Code of 2008″), is Republic Act No. 6938 (“Cooperative Code of the Philippines”). Here’s a basic discussion on the new law (a more extensive primer will subsequently be released, initially made available to clients).
Changes in the Rules of Procedure on Corporate Rehabilitation: Provisions Applicable to all Proceedings
Published by February 20th, 2009 in Corporate and Investments. 0 CommentsShare On 2 December 2008, the Supreme Court en banc issued A.M. No. 00-8-10-SC, approving the RULES OF PROCEDURE ON CORPORATE REHABILITATION (“Rules”). The new Rules took effect on 16 January 2009. Here are the salient features of the new Rules, in contrast to the old Interim Rules of Procedure on Corporate Rehabilitation (“Interim Rules). [...]
Special Visa for Employment Generation (SVEG): A Primer
Published by November 20th, 2008 in Corporate and Investments and Immigration Law. 0 CommentsShare On 17 November 2008, President Gloria Macapagal-Arroyo issued Executive Order No. 758 (full text), providing for a Special Visa for Employment Generation (SVEG) that would allow foreign investors to stay indefinitely in the Philippines under certain requirements. Here’s a primer on the SVEG:
Cooperatives in the Philippines: An Introduction
Published by October 16th, 2008 in Cooperatives and Corporate and Investments. 0 CommentsShare (Please see updated Introduction to the Philippine Cooperative Code of 2008, taking into consideration the enactment of the new law, Republic Act No. 9520.) A cooperative is a duly registered association of persons with a common bond of interest, who have voluntarily joined together to achieve a lawful common social or economic end, making [...]
Primer on the Tax Amnesty Act of 2007 (RA 9480)
Published by April 17th, 2008 in Corporate and Investments, Obiter/News and Tax and Estate Law. 0 CommentsShare What is Republic Act No. 9480? It is a law, referred to as the “Tax Amnesty Act of 2007” passed by Congress granting amnesty to all unpaid internal revenue taxes imposed by the national government for the taxable year 2005 and prior years. Until when can taxpayers avail of the benefits of this law? [...]
RA 9184 or The Government Procurement Reform Act of 2003: Boon or Bane?
Published by March 28th, 2008 in Corporate and Investments, Elections and Constitutional Law and Special Projects. 0 CommentsShare By: ACA Nimfa Cuesta Vilches* The procurement (acquisition of goods, services and contracting for infrastructure project) law was enacted to lay down rules and regulations and to modernize, standardize, and regulate the procurement activities of the government. It is a response to the clamor of the citizenry to provide value for taxpayer money (P147.662 [...]
The Basic Elements of Contracts
Published by January 18th, 2008 in Corporate and Investments. 3 CommentsShare If a contract brings you to court, it’s a poorly-prepared contract. The rationale for this statement is this – if the rights and obligations of the parties are clearly provided and defined, there’s a lesser chance of misinterpretation. This, of course, is not necessarily true. Even a carefully drafted contract, prepared by the big [...]
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