IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Angelo Patrick Advincula of ZG Law. Angelo has joined IR as our exclusive Tax (Law) Member in The Philippines. In the field of Taxation, Angelo advised clients on the tax implications of domestic international transactions, including mergers, acquisitions, financings, investments, joint […]
Despite the downside risk of recent inflation in the Philippines, the International Monetary Fund (IMF) projects a 6.6 percent economic growth outlook by 2019. On the other hand, the inflation forecast is estimated to reduce by 4 percent amid a 6.7 percent current inflation rate. The IMF cites a weaker peso, higher excise taxes and […]
To view this article on our website ASEAN Briefing, please click here. To download for free our Guide “An Introduction to Doing Business in ASEAN 2017“, please click here. In the Philippines, all companies – domestic or foreign – are liable to pay corporate income tax (CIT). The tax liability for a corporation […]
To view this article on our website ASEAN Briefing, please click here. To download for free our Guide “An Introduction to Doing Business in ASEAN 2017“, please click here. In the Philippines, all companies – domestic or foreign – are liable to pay corporate income tax (CIT). The tax liability for a corporation […]
To view this article on our website ASEAN Briefing, please click here. To download for free our Guide “An Introduction to Doing Business in ASEAN 2017“, please click here. On December 19, 2017, the Philippines’ much awaited tax reform package or Tax Reform for Acceleration and Inclusion (TRAIN) was signed into law, paving […]
To view this article on our website ASEAN Briefing, please click here. To download for free our Guide “An Introduction to Doing Business in ASEAN 2017“, please click here. On December 19, 2017, the Philippines’ much awaited tax reform package or Tax Reform for Acceleration and Inclusion (TRAIN) was signed into law, paving […]
The protection of intellectual property (IP) is crucial to a healthy globalised economy as it allows innovative businesses in a vast range of industries to receive proper value for their […]
Read moreMotorola Trademark Holdings, Inc. opposed the registration of MOTOMO filed by respondent-applicant Yuling Lin for use on “cellphone accessories namely, cellphone cover, cellphone cases, screen protector, headphones; headsets, carrying cases for headphones”. The competing marks are shown below: In its Decision dated 22 December 2017 (IPC No. 14-2015-00026), the IPO Bureau of Legal Affairs sustained Motorola’s […]
The biggest barrier in the Philippines are the foreign ownership restrictions. The constitution does not allow foreign companies to own land, but, having said that, they can lease for up to 50 years. The bright spot for the Philippines is our knowledge workforce. We provide workers around the world, with nurses going to the UK, […]
One of the best reasons to come to the Philippines is language. All the laws are in English and everybody speaks in English. The other reason is the nature of the Philippine people. Most Filipinos like to make foreign visitors feel good. A lot of the clients we have go through the mill, but once […]
The Government is actively courting foreign investment, they have a board where you can go in and they will tell you what areas are open to foreign investment. They have smart people and are very helpful, and as long as you are not on the negative list you don’t need a local partner. Uber are […]
The Philippines is very much Asian in this respect. Personal relationships probably count for more than a big name coming through the door. You can be a well-recognised name, but unless you have that personal relationship with somebody, or you are introduced by somebody, people will be scared to deal with you as a partner […]
