Can a foreign investor be allowed to own a 100% of a business entity?
Yes, one hundred percent (100%) foreign equity may be allowed in all areas of investments under the Foreign Investments Act (FIA) except financial institutions and those included in the Regular Foreign Investment Negative List (FINL). However, for a company that will do business locally or for domestic market, it is mandatory that the minimum amount of investment should be US$200,000.00 if foreign ownership is more than 40% to 100%.
