Foreign Equity Restrictions and Anti-Dummy Law

Just recently, the Securities and Exchange Commission (SEC) revoked Rappler’s business registration due to violation of the Foreign Equity Restrictions and Anti-Dummy Law. Have you ever wondered what are in these rulings? Here’s a quick glimpse. The Extent of Foreign Equity in the Philippines 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: a. these enterprises are not on the Negative List; … Continue reading Foreign Equity Restrictions and Anti-Dummy Law