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    Based On Industry:: Ec Registration Requirements Minimum Paid-Up Capital Requirement

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    JoTanlogonOcate-Ambong
    This document outlines the minimum paid-up capital requirements set by the EC for various types of businesses and industries operating in the Philippines. Requirements range from PHP100,000 for pawnshops to PHP2 billion for reinsurance companies. Foreign businesses are also subject to capital requirements denominated in US dollars depending on their scope of operations and equity composition.

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    Based On Industry:: Ec Registration Requirements Minimum Paid-Up Capital Requirement

    Uploaded by

    JoTanlogonOcate-Ambong
    22 views3 pages
    This document outlines the minimum paid-up capital requirements set by the EC for various types of businesses and industries operating in the Philippines. Requirements range from PHP100,000 for pawnshops to PHP2 billion for reinsurance companies. Foreign businesses are also subject to capital requirements denominated in US dollars depending on their scope of operations and equity composition.

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    Original Title

    Paid Up Capital

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    This document outlines the minimum paid-up capital requirements set by the EC for various types of businesses and industries operating in the Philippines. Requirements range from PHP100,000 for pawnshops to PHP2 billion for reinsurance companies. Foreign businesses are also subject to capital requirements denominated in US dollars depending on their scope of operations and equity composition.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    22 views3 pages

    Based On Industry:: Ec Registration Requirements Minimum Paid-Up Capital Requirement

    Uploaded by

    JoTanlogonOcate-Ambong
    This document outlines the minimum paid-up capital requirements set by the EC for various types of businesses and industries operating in the Philippines. Requirements range from PHP100,000 for pawnshops to PHP2 billion for reinsurance companies. Foreign businesses are also subject to capital requirements denominated in US dollars depending on their scope of operations and equity composition.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 3

    EC REGISTRATION REQUIREMENTS

    Minimum Paid-Up Capital Requirement


    BASED ON INDUSTRY:

    Break Bulk Agent

    250,000.00

    Cargo Consolidator

    400,000.00

    Metro Manila and other 1st class cities

    10,000,000.00

    Other classes of cities

    5,000,000.00

    Municipalities

    2,500,000.00

    Domestic

    250,000.00

    International

    2,000,000.00

    10,000,000.00

    Insurance Broker

    20,000,000.00

    Reinsurance Broker

    20,000,000.00

    Insurance Broker and Reinsurance Broker

    50,000,000.00

    Life Insurance Company

    1,000,000,000.00

    Non-Life Insurance Company

    1,000,000,000.00

    Reinsurance Company

    2,000,000,000.00

    Investment Adviser/Manager

    10,000,000.00

    Investment Company

    50,000,000.00

    Investment House

    300,000,000.00

    Lending Investor

    1,000,000.00

    Mining

    2,500,000.00

    Non-Vessel Operating Common Carrier

    4,000,000.00

    Financing Company

    Freight Forwarders

    Health Maintenance Organization


    Insurance

    Pawnshop

    100,000.00

    Pre-Need Plan Issuer

    100,000,000.00

    Pre-Need Plan Agent

    5,000,000.00

    Corporation

    500,000.00

    Partnership

    200,000.00

    2,000,000.00

    US$

    2,500,000.00

    Elementary Education

    1,000,000.00

    Elementary & Secondary Education

    2,500,000.00

    Elementary, Secondary, Tertiary

    5,000,000.00

    Security Agency

    500,000.00

    Securities Broker/Dealer
    (New/SRO-Member)

    100,000,000.00

    Securities Broker/Dealer
    (Existing/SRO-Member)

    10,000,000.00

    Securities Broker/Dealer in Proprietary Shares


    (Non-SRO-Member)

    5,000,000.00

    Special Purpose Vehicle

    31,250,000.00

    Special Purpose Corporation

    5,000,000.00

    Transfer Agent

    1,000,000.00

    Recruitment for Local Employment

    Recruitment for Overseas Employment


    Retail Trade with Foreign Equity
    School (for stock corporations)

    Post/Graduate Education

    BASED ON FOREIGN EQUITY:

    Domestic Corporations with more than 40% foreign


    equity

    - Domestic Market Enterprise

    US$

    200,000.00

    5,000.00

    US$

    200,000.00

    5,000.00

    US$

    200,000.00

    - Export market enterprise

    3,000.00

    Foreign Representative Office

    US$

    30,000.00

    Regional Area Headquarters (RHQ)

    US$

    50,000.00

    Regional Operating Headquarters (ROHQ)

    US$

    200,000.00

    - Export Market Enterprise


    Foreign Branch Office
    - Domestic market enterprise
    - Export market enterprise
    Partnership with foreign partner
    - Domestic market enterprise

    ^ Top

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