Doing Business in Philippines

Who may invest?

Anyone, regardless of nationality, is welcome to invest in the Philippines. With the liberalization of the foreign investment law, 100% foreign equity may be allowed in all areas of investment except those reserved for Filipinos by mandate of the Philippine Constitution and existing laws..

What requirements must be complied with before a foreign corporation can do business in the Philippines?
A foreign corporation must first secure the necessary licenses or registrations from the appropriate government bodies. In the case of corporations or partnerships, the necessary incorporation papers from the Securities and Exchange Commission must first be obtained. In the case of single proprietorship, registration from the Bureau of Trade Regulation & Consumer Protection of the Department of Trade and Industry must be secured.

Say 'I do' in Cebu

The Queen City of the South is fast becoming an ideal wedding destination

If before, Manila was the only place being considered by foreign travelers visiting the Philippines, Cebu now comes to their mind, especially when looking for the country’s most important wedding—and honeymoon—destination.

“For those who look for diverse locations, Cebu is the destination of choice,” Department of Tourism (DOT) Cebu/Region VII director Rica Bueno told the BusinessMirror in an e-mail interview. “There is a variety of themes and venues available [here]—from heritage-inspired, island or beach, laid-back garden reception, or a ballroom in a fine hotel. Cebu is also an ideal jumpoff point for island-hopping in the Visayas for adventurous couples.”

The  DOT has been promoting Cebu—apart from Boracay and Palawan—as a primary wedding destination for foreign tourists looking to have exotic weddings outside their home countries.