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

FDI: Entry and ownership rule

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.

The 40% maximum foreign participation restriction has been removed on project proponent and facility operator of a build-operate-transfer BOT Project requiring a public utilities franchise.

In addition, the 49% maximum foreign equity restriction has been removed from lending companies. Similarly, the 60% maximum foreign equity restriction has been removed from financing companies and investment houses regulated by the SEC. 

The above activities are now fully open to foreign participation.

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

AFFECTED COUNTRIES

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