29 articles found in Philippines

Data privacy enforcement. The National Privacy Commission requires foreign companies processing local data to comply with the Data Privacy Act of 2012, mandating proper data-sharing agreements and localized security measures....

100% Foreign Ownership: International investors can now legally own 100% of solar, wind, hydro, and ocean energy projects in the Philippines, bypassing previous 40% equity caps. Mandatory Registrations: Forming a...

Navigating BPO Contract Disputes in the Philippines for Foreign Clients Prioritize Arbitration: Philippine court dockets are heavily congested. Structuring your contracts to require arbitration ensures faster and more confidential resolutions....

Tax and operations: Regular corporations have geographic flexibility. PEZA corporations receive tax holidays but must operate within designated economic zones. Capital requirements: Foreign-owned businesses targeting the local market need at...

Key Takeaways Unregistered use offers almost no legal protection against infringement in the Philippines. You must formally register your brand assets with the Intellectual Property Office of the Philippines (IPOPHL)...

Exporting from the Philippines: Regulatory Guide and FAQ Customs Registration is Mandatory: All exporters must register with the Bureau of Customs (BOC) via the Client Profile Registration System (CPRS) before...

Republic Act No. 11659 (Amended Public Service Act) legally separates "public utilities" from "public services," lifting foreign ownership caps on many major industries. Foreign investors can now own up to...

The Philippines operates on a "first-to-file" system, meaning the first entity to register a trademark or patent secures the rights, regardless of who used or invented it first. Registering your...

Wrongful Dismissal in the Philippines: Employee Rights and Evidence Due process is mandatory: Employers cannot fire you without providing a valid legal reason and following the strict procedural requirements under...

Determine Ownership Limits: Always consult the Foreign Investment Negative List (FINL) first to verify if your target industry permits 100% foreign ownership. Capital Requirements: Domestic market enterprises generally require a...

Legal Guide to Last Wills and Testaments in the Philippines A last will and testament is a legal document that dictates how your assets will be distributed after your death,...

Managing Labor Inspections for BPO Companies in the Philippines The Department of Labor and Employment (DOLE) conducts unannounced inspections to verify compliance with General Labor Standards and Occupational Safety and...

Setting Up a Foreign-Owned Domestic Corporation in the Philippines Key Takeaways Foreign investors can successfully incorporate and operate within the Philippine market by following highly structured national and local regulations....

Fintech companies in the Philippines are primarily regulated by the Bangko Sentral ng Pilipinas (BSP) under the Manual of Regulations for Non-Bank Financial Institutions. Minimum capital requirements range from PHP...

A foreign branch office is an extension of the head office, meaning the parent company remains fully liable for all Philippine-based debts and obligations. Minimum paid-in capital is generally USD...

Victims of medical negligence in the Philippines generally have four years from the date of the incident or discovery to file a civil lawsuit for damages. You must prove four...

Foreign-owned BPOs must file a General Information Sheet (GIS) with the SEC within 30 days of their annual stockholders' meeting. While the Revised Corporation Code allows for 100% foreign ownership...

Explicit IP Transfer is Mandatory: Under Philippine law, intellectual property rights do not automatically transfer to the client in all "work-for-hire" scenarios; the contract must contain express assignment language. DPA...

Foreign corporations must file their General Information Sheet (GIS) with the SEC within 30 days of their annual meeting or the anniversary of their license issuance. Maintaining a local Resident...

The CREATE Act reduced the standard Corporate Income Tax (CIT) for foreign-owned corporations from 30% to 25%, making the Philippines more competitive within the ASEAN region. Incentives are performance-based and...