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Rules For A Foreign Investor In Philippines

Foreign investment in the philippines?

PLS SOMEONE HELP ME EXPLAIN THIS TO ME FOR MY REPORT TOM... help me discuss this to my prof. and classmate... pls pls pls

Foreign investment was another imprtnt factor in the development of filipino national consciousness and the weakening of Spanish influence in major aspect such as industry, income & religion. Investmnt that came to the country and livd with native popolance brought with them modern technology that Filipinos cud use, w/c on the other hand thay had not experienced undr Spanish Investment. Many of the native workers had new master who paid and treated them better than the spaniards. together w/ new technology, new ideas and stories of all sorts came in europe, radicalism, Lutheranism, democracy, equality, brotherhood,liberalism, revolution, downfall of monarch, laws and other realted to national identity and economic developmnt.

How is the foreign investment in the philippines in jose rizal's time?

During Rizal's time, the British Empire have the economic hegemony in the world. Britain almost control the foreign investments in Spain and also her colonies, including the Philippines. The first railway built in the Philippines was funded by a British company. So, as you can see, Spain is dependent on Britain economically, and the Philippines in turn is dependent on Spain at that time.

How Can Foreigners Sucessfully Invest in the Philippines?

These things you said may exist BUT NOT NECESSARILY TRUE all the time.

As a prudent, wise-thinking investor in any country, a businessman must study well the options, the law applicable, feasible market for his investment. Why would an intelligent businessman suddenly invest into something without closely looking into his partners, money and investments?

Bribing or giving into corruption, while it may get into one's way, can be refused. If you know the laws of your investments, cunning corrupt officials will be hesitant to come.

It is not true that, in case of fraud, recovering your investment from the Philippines would be impossible. IT IS NOT TRUE. The Phils, has still an efficient system of courts and incorruptible magistrates.

Philippines need businesses, the government will surely protect businesses. Besides, no local competitor in a fair-playing field of business would resort to killing. Many international businesses thrive and prosper here.

Filipinos are not racists. In fact, we are amazed with people not same as our skin color. There are activists here,as in all democratic nations, but labeling them as imperialist? This is too far-fetched thought.

Filipino workers are not late-comers. They are hardworking and resourceful. In fact, many outsourcing companies come here to hire FIlipino talents. There may be some exception to the rule but these are rare. Jobs here are not really abundant and treated as properties. NO Filipino is negligent to his job, especially if its his only source of income.

The information you got are totally erroneous. They may have been spread by some investors who made so many monies here and they don't want to spread the good news, OR they may be so hasty planners, unorganized businessmen that they blame their own negligence to their place of business.

Can a foreigner invest 35,000 pesos in a Philippine business?

Yes, you can invest Php 35,000 for your business in the Philippines, but it will have restrictions (40% foreign ownership, 60% Filipino ownership).While the Philippine government encourages foreign investments under Republic Act No. 7042 or the Foreign Investments Act of 1991 (FIA), foreign investments are subject to restrictions under the same law. Under the law, the general rule for foreign equity in the Philippines is 40%. However, due to the liberalization of the foreign investment law, foreign investors may now capitalize in domestic or export enterprises to as much as 100% of the capital of these enterprises, provided that:these enterprises are not on the Negative Listthe country or state of the foreign investor also allows Filipinos and their corporations to do business thereinif the foreign investor is investing in a domestic enterprise, the domestic enterprise must have a paid-in capital equivalent to USD 200,000.For further reference: The Easy Guide to Foreign Equity Restrictions in the Philippines

Philippines should limit foreign companies/investors?

No, actually they should remove more barriers. The Philippines is one of the few countries left that won't let foreigners buy land. The government "sells" that idea by saying it protects the people, but they are really only protecting the very rich Filippinos who have lots of land anyway.

Can foreign investors invest in Reg D, Reg A+, or Reg CF offerings through crowdfunding portals?

Foreign investors CAN invest in equity crowdfunding in the U.S.Since my platform primarily hosts Reg CF offerings and I am more familiar with the Reg CF, I provide my answer in Reg CF.Let’s have a look on the Title III Regulation Crowdfunding of the US. Although the Regulation Crowdfunding doesn’t address explicitly the legal issues on foreign investors’ investment in securities offered on equity crowdfunding portals, on p. 266 of the Final Rule: Crowdfunding, SEC mentioned that:We have considered the comments and believe that the final rule appropriately takes into consideration the need to provide more choices for U.S. issuers seeking to use intermediaries or access investors outside of the United States, while meeting the challenges associated with supervising, examining, and enforcing rules regarding activities of intermediaries based outside the United States.The above paragraph shows that SEC allows companies to accept investors outside the United States.Disclaimer:The above answer is prepared for informational purposes only and should not be considered legal advice.

How do I register a company in the Philippines as a foreign investor & what is the process of doing so?

As a Foreign Corporation, You have to register your business in the following government agencies:Local Barangay - Where you can get a barangay clearance. You need to have a barangay clearance where your business will be operating. It is also one of the requirements for getting a Mayor’s Permit.City Hall - Where you can get a Mayor’s permit sometimes referred as business permit. Securing a permit from the mayor’s office can only be done after accomplishing two other registration from DTI and SECDTI - Where you can register your business trade name.SEC - Where you can register as a partnership or a corporation. SEC is an agency that is responsible for regulating the security industry. IT supervises all registered business entities in the country, investigate violations of securities law and impose sanctions and make policies with regard to the market in securities. It also supervises stock and bond brokers as well as the stock exchanges. You can find your forms here: Securities and Exchange Commission (SEC)BIR - Where you can get TIN, official receipts and invoices registering book of accounts and paying national internal revenue taxes. You cannot operate your business without business tax identification number. You can find forms here: Bureau of Internal Revenue (BIR)SSS, PhilHealth, and Pag-Ibig Fund - Where you can register yourself as an employer and for remitting your employees contribution with employer share. You can find forms here:Footnote(s):You can find forms here:Department of Trade and Industry (DTI)Securities and Exchange Commission (SEC)Bureau of Internal Revenue (BIR)Social Security System (SSS)Philippine Health Insurance Corporation (PhilHealth)

What are the best investments in the Philippines?

There are a lot of things one can invest in here in the Philippines such as investing in an existing business in the country or try to start you own business here in the Philippines. The Philippines is a developing country and there are a lot of opportunities out there for businesses. There are always foreign investors and foreign business owners here in the country due to the stability of the market due to the fact that Filipinos prefer foreign products than local products.

Why does the Philippines have limits on foreign direct investment and foreign ownership?

Because it wants to protect itself.The Marcosses has basically effed up the country. So during the 1987 Constitional Convention, which drafted the current constitution, Filipinos included "safety nets" that will basically prevent or slow down attempts of any politician to monopolize power. This included some conditions on foreign ownership.

Should the Philippines allow foreign people to buy property?

Definitely, 100%!In a country ruled by the few elite, allowing foreigners to own real-estate property would only give them more reason to invest in the Philippines! Once foreign brands enter our market, we will have more choices in products and services. It would force the current providers to improve their own offerings, or match the new ones that will be offered.Take our telecommunications industry, for example.Products/Services should have at least three competing companies per product line in order for us to have a diversified market that ensures friendly competition, thereby ensuring services are constantly improved for the benefit of the customers.I remember in secondary school, when we only had two different telecommunication companies in the market: Globe Telecom and Smart.Text messages are one peso each.And then Sun Cellular entered the market. They introduced unlimited text messages and voice calls. What did Globe and Smart do? They were forced to offer similar promos. Not only did we get another product offering, but we also got better value for our money.Look what happened recently. Smart purchased Sun Cellular. I don't know how/why it happened, but for me, it only means one thing: Smart and Globe need only to compete with each other for market share. Less competition = Less innovation. If they are already making money from us, and if the competition is lax, why would they offer new products and services, aside from what their single competitor is offering?I also don't like the trend they are going when it comes to value added services. Globe started offering Google Play Store billing through their airtime credits. What did Smart do? It started offering Apple App Store purchases through their airtime credits. How about Android users on Smart? How about iOS users on Globe?If only we had more competition, maybe someone would offer both Apple App Store and Google Play Store purchases, wouldn't it be better for us consumers?I honestly think that allowing foreigners to own real-estate and businesses here in the PH will be extremely beneficial to our country as a whole, although the key to a perfect balance is having a specific set of laws to prevent abuse, and the authority/vigilance to enforce them.