Collection! Latest List of Foreign Investment Restricted Industries in the Philippines

With regard to the Philippines, with its obvious human resource advantages, promising domestic demand market, abundant resources and energy, and radiation advantages to the US and European markets, the post-epidemic Philippines is expected to see a peak in business investment this year.

The Philippine government has clear investment regulations for foreigners investing in the Philippines. EasyGo belowEasy Travel InternationalExplain in detail the industry guidelines for foreigners to invest in the Philippines and the relevant investment restrictions.

Foreigners cannot hold shares.

-Mass media business, with the exception of audio media and Internet-based media business;

-- Professional services, including professional law, accounting, doctors, etc;

-Trade retail enterprises with paid-in capital of less than US $500000;

agricultural cooperatives;

-small-scale mining;

-- Small-scale development and utilization of marine resources in archipelagic waters, temporary sea areas and exclusive economic zones, as well as natural resources in rivers, lakes and bays;

manufacture, repair, storage or distribution of nuclear, chemical, biological and other weapons of mass destruction;

-- Production and processing of fireworks and firecrackers.

Foreigners cannot hold more than 25% of the shares.

-private recruitment, whether for local or overseas employment;

-Construction of fortifications and facilities related to national defense;

Foreigners cannot hold more than 30% of the shares.

the advertising industry;

Foreigners cannot hold more than 40% of the shares.

-Foreign investment in school education institutions cannot exceed 40%, except for religious organizations and short-term advanced courses for foreigners;

-the processing of rice and maize, other than retail;

-For government-invested or supervised projects, the foreign investment of contractors and suppliers shall not exceed 40%;

-ownership of the apartment premises;

the deep-sea fishing industry;

-private radio communication networks;

Exploration, development and utilization of natural resources;

-Land ownership;

-Operation and management of public facilities;

produce, repair, store, and distribute any product and/or ingredient that requires a permit from the Philippine National Police or PNP;

manufacture and distribution of dangerous drugs;

-- sauna and massage related service industry;

-private ownership of land;

-Government agency supplies suppliers;

-Domestic market enterprises with paid-in capital of less than US $200000 (7042 RA, as amended by RA No. 8179);

-Domestic market enterprises involving advanced technology or employing at least 50 employees whose actual share capital is less than US $100000 (RA No. 7042, as amended by RA No. 8179).

Foreigners may hold 100 percent of shares

Premise: The registered capital must be 200000 US dollars, and there is no capital verification process.

-IT Technology Industry

-BPO outsourcing industry

-Trading company

-Management Company

-Holding Company

If you are ready to invest in the Philippines, what is not clear and need professional help, you can contact EasyGo International Online Customer Service to serve you. I wish you success!