Minimum Paid-Up Capital Requirement
What this is For:
Minimum Paid-Up Capital RequirementOther Documentary Requirements:
BASED ON INDUSTRY:
Airfreight Forwarders P 2,000,000.00
Break Bulk Agent P 250,000.00
Cargo Consolidator P 400,000.00
Financing Company
Metro Manila and other 1st class cities P 10,000,000.00
Other classes of cities P 5,000,000.00
Municipalities P 2,500,000.00
Freight Forwarders P 300,000.00
Health Maintenance Organization P 10,000,000.00
Insurance
Insurance Broker P 250,000.00
General Agent P 250,000.00
Reinsurance Broker P 500,000.00
Investment Adviser/Manager P 10,000,000.00
Investment Company P 50,000,000.00
Investment House P 300,000,000.00
Mining P 2,500,000.00
Non-Vessel Operating Common Carrier P 500,000.00
Pawnshop P 100,000.00
Pre-Need Plan Issuer P 100,000,000.00
Pre-Need Plan Agent P 5,000,000.00
Recruitment for Local Employment
Corporation P 500,000.00
Partnership P 200,000.00
Recruitment for Overseas Employment P 2,000,000.00
Retail Trade with Foreign Equity US$ 2,500,000.00
School (for stock corporation)
Elementary Education P 1,000,000.00
Elementary & Secondary Education P 2,500,000.00
Elementary, Secondary, Tertiary Post/Graduate Education P 5,000,000.00
Security Agency P 500,000.00
Securities Broker/Dealer (New/SRO-Member) P 100,000,000.00
Securities Broker/Dealer (Existing/SRO-Member) P 10,000,000.00
Securities Broker/Dealer in Proprietary Shares (Non-SRO-Member) P 5,000,000.00
Special Purpose Vehicle 31,250,000.00
Transfer Agent P 1,000,000.00
BASED ON FOREIGN EQUITY:
Corporation with more than 40% foreign equity
- Domestic Market Enterprise US$ 200,000.00
- Export Market Enterprise P 5,000.00
Foreign Branch Office
- Domestic market enterprise US$ 200,000.00
- Export market enterprise P 5,000.00
Partnership with foreign partner
- Domestic Market enterprise US 200,000.00
- Export Market enterprise P 3,000.00
Foreign Representative Office US$ 30,000.00
Regional Area Headquarters (RHQ) US$ 50,000.00
Regional Operating Headquarters (ROHQ) US$ 200,000.00