|
|
|
|
LEGAL
BASIS (Basic Law)
|
R.A.
3883 & R.A. 7042 (FIA'91) as amended by RA 8179
|
|
QUALIFICATION
FOR REGISTRATION
|
-
Filipino, 18 years & above
- Foreigner,
initial paid-up capital of $US 0.2 Million
- Optional
registration for SEC registered corporations
*Pls.
refer to back page for FIA Negative List
|
|
REQUIREMENT
FOR REGISTRATION
|
-
Accomplished Application Form
- two
(2) recently taken 2"x2" size pictures
-
other requirements as may be required
|
|
INCENTIVES/
ADVANTAGES
|
- Protection
of Business Name
- Entry
in Government Biddings and contracts
- Business
permit/license by local government units (LGUs)
|
|
AGENCY/OFFICE
|
DTI-CEBU
PROVINCIAL OFFICE
|
|
ADDRESS
|
3f,
LDM Bldg., cor. Legazpi & MJ Cuenco, Cebu City
|
|
TEL.
& FAX NOS. (63-32)
|
255-7082,
253-2631 loc 22; 253-5377(fax)
|
|
|
|
|
CONTACT
PERSON POSITION
|
MS.
ZAIDE C. BATION
Chief, Regulatory Division
|
|
FEES
|
-
P300.00 (single proprietorship)
-
P500.00 for partnership/corporation renewable
every five (5) yrs.
- FOREIGN
INVESTMENTS ACT '91: Appln. Fee : P500.00
Reg. Fee : P5,000.00
|
|
PROCESSING
TIME
|
two
(2) weeks
|
|
|
|