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Are foreign investors allowed to own 100% of a business entity?

April 26, 2017allowed Business entity foreign investors

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Are foreign investors allowed to own 100% of a business entity?

1 Answer

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Yes, except when the business in question is a financial institution, a mass media entity, an advertising agency, a real estate company, a public utilities firm, or a defense-related concern. (The full list of exemptions is available from the Philippines’s Board of Investments).