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    No Foreign Equity

    Uploaded by

    salpandita
    The document lists 27 economic activities and the maximum allowed foreign equity ownership for each. Foreign equity is allowed up to: - 20% for 12 activities - 25% for 2 activities - 30% for 1 activity - 40% for 6 activities - 60% for 2 activities It emphasizes that retail trade enterprises with less than $2.5 million in capital and cooperatives have foreign equity restrictions. Certain defense, weapons, and fireworks manufacturing are prohibited.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    No Foreign Equity

    Uploaded by

    salpandita
    31 views3 pages
    The document lists 27 economic activities and the maximum allowed foreign equity ownership for each. Foreign equity is allowed up to: - 20% for 12 activities - 25% for 2 activities - 30% for 1 activity - 40% for 6 activities - 60% for 2 activities It emphasizes that retail trade enterprises with less than $2.5 million in capital and cooperatives have foreign equity restrictions. Certain defense, weapons, and fireworks manufacturing are prohibited.

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    Original Title

    FIA

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    The document lists 27 economic activities and the maximum allowed foreign equity ownership for each. Foreign equity is allowed up to: - 20% for 12 activities - 25% for 2 activities - 30% for 1 activity - 40% for 6 activities - 60% for 2 activities It emphasizes that retail trade enterprises with less than $2.5 million in capital and cooperatives have foreign equity restrictions. Certain defense, weapons, and fireworks manufacturing are prohibited.

    Copyright:

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

    No Foreign Equity

    Uploaded by

    salpandita
    The document lists 27 economic activities and the maximum allowed foreign equity ownership for each. Foreign equity is allowed up to: - 20% for 12 activities - 25% for 2 activities - 30% for 1 activity - 40% for 6 activities - 60% for 2 activities It emphasizes that retail trade enterprises with less than $2.5 million in capital and cooperatives have foreign equity restrictions. Certain defense, weapons, and fireworks manufacturing are prohibited.

    Copyright:

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

    No Foreign Equity g.

    Customs Brokerage
    h. Environmental Planning
    1. Mass Media except recording i. Forestry
    2. Practice of all professions j. Geology
    k. Interior Design
    a. Engineering l. Landscape Architecture
    i. Aeronautical engineering m. Law
    ii. Agricultural engineering n. Librarianship
    iii. Chemical engineering o. Marine Deck Officers
    iv. Civil engineering p. Marine Engine Officers
    v. Electrical engineering q. Master Plumbing
    vi. Electronics and Communication r. Sugar Technology
    engineering s. Social Work
    vii. Geodetic engineering t. Teaching
    viii. Mechanical engineering u. Agriculture
    ix. Metallurgical engineering v. Fisheries
    x. Mining engineering w. Guidance counseling
    xi. Naval Architecture and Marine
    engineering
    xii. Sanitary engineering 3. Retail trade enterprises with paid-up
    capital of less than US$2,500,000
    - Mentioned repeatedly. Take note.
    b. Medicine and Allied Professions
    i. Medicine 4. Cooperatives
    ii. Medical Technology 5. Private Security Agencies
    iii. Dentistry 6. Small-scale Mining
    iv. Midwifery 7. Utilization of Marine Resources in
    v. Nursing archipelagic waters, territorial sea, and
    vi. Nutrition and Dietetics exclusive economic zone as well as
    vii. Optometry small-scale utilization of natural
    viii. Pharmacy resources in rivers, lakes, bays, and
    ix. Physical and Occupational Therapy lagoons
    x. Radiologic and X-ray Technology 8. Ownership, operation and management
    xi. Veterinary Medicine of cockpits
    9. Manufacture, repair, stockpiling and/or
    distribution of nuclear weapons
    c. Accountancy 10. Manufacture, repair, stockpiling and/or
    d. Architecture distribution of biological, chemical and
    e. Criminology radiological weapons and anti-personnel
    f. Chemistry mines (Various treaties to which the
    Philippines is a signatory and
    conventions supported by the
    Philippines)
    11. Manufacture of firecrackers and other
    pyrotechnic devices

    Up to Twenty Percent (20%) Foreign Up to Forty Percent (40%) Up to Sixty Percent (60%)
    Equity Foreign Equity Foreign Equity

    12. Private radio communications 17. Exploration, development 27. Financing companies
    network and utilization of natural regulated by the
    resources Securities and
    Up to Twenty-Five Percent (25%) Foreign Exchange
    Equity 18. Ownership of private lands Commission

    13. Private recruitment, whether for 19. Operation and management 28. Investment houses
    local or overseas employment of public utilities regulated by the SEC
    14. Contracts for the construction and 20. Ownership/establishment
    repair of locally-funded public works and administration of
    except: educational institutions
    a. Infrastructure/development
    projects; and 21. Culture, production,
    b. Projects which are foreign milling, processing, trading
    funded or assisted and excepting retailing, of rice
    required to undergo and corn and acquiring, by
    international competitive barter, purchase or
    bidding otherwise, rice and corn and
    the by-products thereof
    15. Contracts for the construction of
    defense related structures 22. Contracts for the supply of
    materials, goods and
    Up to Thirty Percent (30%) Foreign commodities to
    Equity government-owned or
    controlled corporation,
    16. Advertising company, agency or
    municipal corporation

    23. Project Proponent and


    Facility Operator of a BOT
    project requiring a public
    utilities franchise

    24. Operation of deep sea


    commercial fishing vessels

    25. Adjustment Companies

    26. Ownership of
    condominium units where
    the common areas in the
    condominium project are
    co-owned by the owners of
    the separate units or owned
    by a corporation

    Up to Twenty Percent (20%) Foreign Up to Forty Percent (40%) Foreign Up to Sixty Percent (60%)
    Equity Equity Foreign Equity

    1. Private radio communications 6. Exploration, development 16. Financing


    network and utilization of natural companies
    resources regulated by the
    Up to Twenty-Five Percent (25%) Foreign Securities and
    Equity 7. Ownership of private lands Exchange
    Commission
    2. Private recruitment, whether for local 8. Operation and management
    or overseas employment of public utilities 17. Investment houses
    regulated by the
    3. Contracts for the construction and 9. Ownership/establishment and SEC
    repair of locally-funded public works administration of educational
    except: institutions
    a. Infrastructure/development
    projects; and 10. Culture, production, milling,
    processing, trading excepting
    b. Projects which are foreign retailing, of rice and corn and
    funded or assisted and acquiring, by barter, purchase
    required to undergo or otherwise, rice and corn
    international competitive and the by-products thereof
    bidding
    11. Contracts for the supply of
    4. Contracts for the construction of materials, goods and
    defense related structures commodities to government-
    owned or controlled
    Up to Thirty Percent (30%) Foreign Equity corporation, company,
    agency or municipal
    5. Advertising corporation

    12. Project Proponent and


    Facility Operator of a BOT
    project requiring a public
    utilities franchise

    13. Operation of deep sea


    commercial fishing vessels

    14. Adjustment Companies

    15. Ownership of condominium


    units where the common
    areas in the condominium
    project are co-owned by the
    owners of the separate units
    or owned by a corporation

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