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Date: Jan. 6, 2025, 1:48 p.m.

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Date: 2025-01-08 09:51:41.528777

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Requirement for formation of corporation with foreign investor

Published by Securities and Exchange Commission(SEC) on Jan. 6, 2025.
Requested from SEC by L. Fronteras at 01:48 PM on Jan. 6, 2025.
Purpose: Conduct of research
Tracking no: #SEC-799860899592

L.FRONTERAS Jan. 6, 2025, 1:48 p.m.

Hi! I would like to know how can a foreigner form a corporation here in the Philippines? If for instance, a restaurant or a domestic market enterprise would be formed by a corporation with a foreign investor, what would be the requirements and how much paid-up capital should it have? Thank you!

I.GONZALES Jan. 8, 2025, 9:51 a.m.

Dear eFOI user,

Thank you for your requestJanuary 08, 2025d Jan. 6, 2025, made under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

We have received your request on Requirement for formation of corporation with foreign investor,January 08, 2025d January 08, 2025. We will respond and process your request on or before Jan. 27, 2025, in compliance with the Executive Order’s implementing rules and regulations.

Should you have any questions regarding this request, kindly contact me using the reply function on the eFOI portal for request with ticket number #SEC-799860899592.

Further, please be advised that this is a public site, and any information shared in this conversation thread will be visible to the public. Therefore, we kindly request that you refrain from disclosing any sensitive personal information or data in this thread.

Thank you.

Respectfully,

FOI Officer

Securities and Exchange Commission

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