About this document
Amendments to Retail Trade Laws in Philippines by JennielynVillas is a document available to read on EtoBox.
Republic Act 11595 significantly amends the Retail Trade Liberalization Act of 2000 by lowering capitalization requirements for foreign retailers in the Philippines. The original law required foreign retailers to have a minimum paid-up capital of $2.5 million, but this has been lowered to just $454,000 by the amendment. Requirements for minimum investment per store have also been reduced by over 80%. The amendment aims to encourage more foreign investment in the Philippine retail sector by dispensing with r
- Author
- JennielynVillas
- Language
- EN