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Philippines: Minimum paid-in capital for foreign investment to own an SME reduced

Description

On 2 March 2022, the Philippines government issued Republic Act No. 11647, reducing the minimum paid-in capital for foreign investment to own an SME in the Philippines from USD 200,000 to USD 100,000....

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

17 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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