Tax Planning | SVBB Law Offices

Dividend declaration should be in compliance with Section 43,143 and 62

Dividend declaration should be in compliance with Section 43,143 and 62(item no. 5) of the Corporation Code of the Phils. , SEC Memo Circular No. 11 series of 2008 and Sec Resolution No. 450 series of 2005. Source: Securities And Exchange Commission (SEC)

What Constitutes Doing Business in the Philippines

Jun 20, 2014adminCorporate NewsCorporate, Corporate Attorney, Corporate Lawyer, Immigration, tax and corporate, Tax Planning

Foreign nationals or investor companies thinking of opening a business in the Philippines are well advised to know whether the planned business activity would constitute “doing business” in the Philippines as defined under Philippine law. Under the Foreign Investments Act (FIA) of 1991 the term “doing business” includes: soliciting orders, service contracts, opening offices, whether…