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PHILIPPINE FOREIGN INVESTMENT LAWS
This web page
features
the full text of
FIFTH REGULAR FOREIGN
INVESTMENT
NEGATIVE LIST |
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However,
the manufacture or repair of these items may be authorized by the Chief
of the PNP to non-Philippine nationals; Provided that a substantial
percentage
of output, as determined by the said agency, is exported. Provided
further
that the extent of foreign equity ownership allowed shall be specified
in the said authority/clearance (R.A.
7042 as amended by R.A. 8179)
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c. Gunnery, bombing and fire control systems and components
d. Guided missiles/missile systems and components
e. Tactical aircraft (fixed and rotary -winged), parts and components thereof
f. Space vehicles and component systems
g. Combat vessels (air. land and naval) and auxiliaries
h. Weapons repair and maintenance equipment
i. Military communications equipment
j. Night vision equipment
k. Stimulated coherent radiation devices, components and accessories
l. Armament training devices
m. Others as may be determined by the Secretary of the DND
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However,
the manufacture or repair of these items may be authorized by the
Secretary
of National Defense to non-Philippine nationals; Provided that a
substantial
percentage of output, as determined by the said agency, is exported.
Provided
further that the extent of foreign equity ownership allowed shall be
specified
in the said authority/clearance (R.A.
7042 as Amended by R.A. 8179).
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4. Sauna and steam bathhouses, massage clinics and other like activities regulated by law because of risks posed to public health and morals (R.A. 7042 as amended by R.A. 8179)
5. All forms of gambling, e.g. race track operation (R.A. 7042 as amended by R.A. 8179)
6. Domestic market enterprises with paid-in equity capital of less than the equivalent of US$200,000 (R.A. 7042 as amended by R.A. 8179)
7. Domestic market enterprises which involve advanced technology or employ at least fifty (50) direct employees with paid-in-equity capital of less than the equivalent of US$100,000 (R.A. 7042 as amended by R.A. 8179)
Fifth
Regular Foreign Investments Negative List (Executive Order No. 139)
ANNEX
"A" - LIST A
ANNEX
"B" - LIST B
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