Announcement
02 Mar 2022
In March 2022, the Philippines reduced 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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Number of interventions
4
3 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
17 Mar 2022
Revocation date:
No revocation date
Updated: 02 Mar 2022
Local labour incentive
In force
On 2 March 2022, the Philippines government issued Republic Act No. 11647, requiring SMEs to hire a minimum of 15 Filipino employees to receive a reduced minimum paid-in capital for foreign investment...
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Updated: 02 Mar 2022
Labour market access
In force
On 2 March 2022, the Philippines government issued Republic Act No. 11647, requiring foreign businesses to provide skills development programmes to Filipino workers in order to receive a permit to hir...
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Updated: 02 Mar 2022
FDI: Entry and ownership rule
In force
On 2 March 2022, the Philippines government issued Republic Act No. 11647, mandating foreign investment in the cyberinfrastructure, military-related industries, and pipeline transportation to be revie...
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Implementation date
17 Mar 2022
Revocation date:
No revocation date
Updated: 02 Mar 2022
FDI: Entry and ownership rule
In force
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....
Sign in to see more
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