IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Jun 2015 | Removal date: open ended
Still in force

Labour market access

On 29 May 2015, the Philippines government announced the release of the 10th Regular Foreign Investment Negative List. The List regulates foreign participation in economic and commercial activities in the Philippines.

In summary, the amendments include allowing more foreign participation in a number of professions.

Previously, full restriction on foreign participation was imposed on over 30 professions. Now, restrictions have relaxed for the practice of those professions, including various forms of engineering, medical technology and related professions, real estate and psychology. Foreign participation in the above professions are allowed only upon reciprocity with foreign governments.

Only the following professions are fully reserved for Filipino citizens:

  • pharmacy,
  • radiologic and x-ray technology,
  • criminology,
  • forestry, and
  • law.

The order is effective 15 days from publication in a newspaper of general circulation.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

532 Civil engineering works
821 Legal services
833 Engineering services
861 Support services to agriculture, hunting, forestry & fishing

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