Foreign Corporation

Foreign Corporation

There are no restrictions on the extent of foreign ownership of export enterprises. For domestic market enterprises, where foreign ownership exceeds 40%, foreigners can have as much as a 100% equity investment with a US$200,000 inward capital remittance except in areas included in the foreign investment negative list.

Pros:

  • Larger market to sell its products and services;
  • Low-cost of settling up the business, unlike in principal country;
  • Talented laborer and low-cost salary;
  • There is a good-enough infrastructure; and
  • There is an incentive from the government, including tax-exemptions

Cons:

  • More holidays in the Philippines;
  • The law favors the laborer according to the labor code; 
  • Constitutional and other legal limitations for foreigners;

 

Our Spaces

  • Office Space in Baguio
  • Office Space in Manila
  • Office Space in Makati
  • Office Space in Mandaluyong
  • Office Space in Muntinlupa
  • Office Space in BGC, Taguig
  • Office Space in San Juan
  • Office Space in Parañaque
  • Office Space in Pasig
  • Office Space in Quezon City

 

Latest News

Copyright @ 2021 Know Your Business Consultancy