Best Project Finance Lawyers in San Juan

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.


Founded in 1996
English
Established in 1996, Carag Zaballero Llamado & Abiera Law Offices has built a solid reputation in the Philippine legal landscape. The firm offers a comprehensive range of services, including corporate and commercial law, taxation, litigation, labor law, and intellectual property. Its clientele...
king law offices
San Juan, Philippines

Founded in 1994
English
King Cabangon King & King Law Offices, established in 1994 by Atty. George L. King, is a full-service law firm based in Quezon City, Philippines. The firm has expanded to include partners Atty. Sed A. Cabangon, Atty. Karl Edward C. King, and Atty. Keith Elbert C. King, each bringing extensive...
AS SEEN ON

About Project Finance Law in San Juan, Philippines

Project Finance is a specialized area of law focused on funding major projects using a structure where repayments are primarily sourced from the income generated by the project itself, rather than the creditworthiness of the project sponsors. In San Juan, Philippines, Project Finance solutions are commonly used for infrastructure developments, energy projects, telecommunications, construction, and public-private partnership initiatives. Due to the city’s growing infrastructure and development requirements, legal frameworks ensure investment security and regulatory compliance, making Project Finance a dynamic and vital sector in San Juan.

Why You May Need a Lawyer

Project Finance can be complex, often involving multiple stakeholders, regulatory requirements, and significant capital investment. People usually require legal assistance in situations such as:

  • Negotiating or drafting complex financing agreements for large-scale infrastructure or development projects.
  • Ensuring compliance with local permits, licenses, and regulatory approvals.
  • Advising on risk allocation between project participants, such as lenders, contractors, and governmental agencies.
  • Structuring deals involving foreign direct investment or international lenders.
  • Handling disputes arising from construction delays, defaults, or changes in project scope.
  • Advising on tax implications and incentives for projects based in San Juan.
  • Assisting with government approvals and navigating the complexities of public-private partnerships.

The involvement of local and national legal frameworks, risk management, and compliance issues make professional legal advice essential for successful Project Finance.

Local Laws Overview

Project Finance in San Juan is governed by a mix of national laws, local ordinances, and industry-specific regulations. The following key aspects are particularly relevant:

  • Public-Private Partnership (PPP) Law: Republic Act No. 6957 as amended by Republic Act No. 7718 outlines the legal basis for PPP investments in infrastructure projects, specifying procedures for proposal evaluation, contract award, and project implementation.
  • Securities Regulation Code: Laws on securities, including asset-backed securities, can affect how project finance transactions are structured and what disclosures are required.
  • Foreign Investments Act: This governs the entry and participation of foreign entities in local projects, including ownership limits and registration requirements.
  • Local Government Code: San Juan’s city government has the authority to issue business permits, construction approvals, and compliance certificates necessary for project commencement and operation.
  • Environmental Laws: Projects must comply with environmental impact assessments and secure clearances from relevant agencies such as the Department of Environment and Natural Resources (DENR).
  • Tax Incentives: Special economic zones or projects with significant investment may avail of local or national tax incentives, provided all legal requirements are met.

Aside from these, contractual law, corporate law, and specific industry regulations (for energy, water, transport, etc.) also play crucial roles in shaping Project Finance agreements in San Juan.

Frequently Asked Questions

What is Project Finance?

Project Finance is a funding structure where the finance used to build and operate a project is usually secured by the assets and income of the project itself, instead of the balance sheet or assets of the project developers.

What types of projects use Project Finance in San Juan?

Common examples include infrastructure developments such as toll roads, bridges, utilities, hospitals, municipal buildings, renewable energy plants, and IT or communication networks.

Are there specific legal requirements for Project Finance in San Juan?

Yes. Projects typically need to meet requirements under various laws, including but not limited to PPP regulations, corporate and contract law, foreign investment rules, and environmental compliance.

Can foreign investors participate in Project Finance projects in San Juan?

Foreign investors can participate, but there may be ownership restrictions and mandatory registrations under the Foreign Investments Act and other applicable laws.

What government permits are required for Project Finance projects?

Permits usually include business registrations, construction and occupancy permits from the local government, environmental compliance certificates, and industry-specific licenses.

How are risks allocated in Project Finance transactions?

Risks are generally allocated among parties based on contract terms. Lawyers help negotiate provisions about cost overruns, construction delays, regulatory changes, and force majeure events.

What security do lenders require?

Lenders often require collateral in the form of project assets, assignment of receivables, or security interests over key contracts and accounts associated with the project.

What is a concession agreement?

A concession agreement grants private parties the right to construct, operate, and maintain a project for a set period, with terms governing financial returns and project handover to the government if applicable.

Do Project Finance arrangements qualify for tax incentives?

Some projects, especially those of sufficient size or social impact, may qualify for national or Local Government Unit (LGU) tax breaks, provided all legal and procedural prerequisites are fulfilled.

How do I find a qualified legal expert in Project Finance in San Juan?

Seek law firms or legal practitioners with experience in infrastructures, PPPs, and commercial contract negotiation. Professional referrals, bar associations, or business councils are good starting points.

Additional Resources

For further guidance and assistance in matters relating to Project Finance in San Juan, the following resources are recommended:

  • San Juan City Hall - Local Business Permits and Licensing Office
  • Philippine Securities and Exchange Commission (SEC)
  • Department of Environment and Natural Resources (DENR)
  • Public-Private Partnership (PPP) Center of the Philippines
  • Board of Investments (BOI)
  • Integrated Bar of the Philippines (IBP) - National and Metro Manila Chapters
  • Local chambers of commerce and business councils operating in San Juan

These bodies can offer information, legal frameworks, forms, and contacts relevant to Project Finance transactions.

Next Steps

If you are considering or involved in a Project Finance initiative in San Juan, it is crucial to:

  • Assess the scope and structure of your project to identify the relevant legal and regulatory requirements.
  • Gather relevant project documents including feasibility studies, contracts, and business plans.
  • Contact a qualified legal expert in Project Finance who is familiar with local laws and practices in San Juan.
  • Prepare questions and concerns to discuss with your lawyer, such as permits, risk allocation, and investment protections.
  • Follow up with government agencies or regulatory bodies as advised by your legal counsel.

Taking these steps with the assistance of a legal professional can ensure your interests are protected, potential risks are managed, and the project is compliant with all legal requirements in San Juan, Philippines.

Lawzana helps you find the best lawyers and law firms in San Juan through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Project Finance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in San Juan, Philippines - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.