Domestic corporation

Philippines co.

The Domestic corporation of the Philippines provides limited liability protection and is used by small and medium enterprises.
Registered capital:
$100 :0-40% foreign ownership or export of at least 60% of the product or at least 60% local ownership
$100,000: Employ at least 50 Filipinos or use advanced technology.
$200,000: more than 40% foreign ownership
At least two directors and shareholders

Published 2024-08-07 · Updated 2026-03-31

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Philippines

Philippines co. Legal Entity Brief

Published 2024-08-07 · Updated 2026-03-31

Philippines co. Basic Information

Ownership:

Private Ownership

Limited Liability:

Positive

Publicly Participates In Capital Market:

Negative

Philippines co. Shareholder / Director / Secretary Requirements

Requirements For Shareholders:

2-15

Requirements For Directors:

2-15

Legal Representative Not Mandatory:

Negative

Local Directors Not Mandatory:

Negative

Local Secretaries Not Mandatory:

Negative

Philippines co. Registered Capital Requirement

Minimum Registered Capital Requirement:

100USD:0-40% foreign ownership OR exporting at least 60% of their products or have at least 60 % local ownership
100,000USD:Employing at least 50 Filipinos or using advanced technology.
200,000 USD:More than 40% foreign ownership

Capital Injection Not Required:

Negative

Capital Injection Requirement:

100% 100% paid-in

Philippines co. Memo

Memo:

Each director must hold at least one share

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