We feature relevant and informative articles on the latest news, trends, and developments in Philippine laws.
We offer a healthy mix of topics, from practical insights and detailed analyses of pressing economic issues through a legal perspective to timely advice on the practical application of new laws and regulations in the Philippines.
Carpo Law & Associates (CLA) or the Firm wishes to inform the general public that these circulating service agreements were not written and issued by the Firm and that the persons stated in the circulating service agreement are not connected and have no relations whatsoever with the Firm.
After months of consultation and research, the Department of Labor and Employment of the Philippines through Secretary Silvestre Bello III signed the new contractualization order which hopes to regulate contractualization and protect workers rights in the country.
The approval of the 2017 Philippine Investment Priorities Plan (IPP) by President Rodrigo Duterte has prompted investors to revisit opportunities in establishing and expanding businesses within and outside Metro Manila. It would be to any business’ advantage to consider maximizing the incentives provided by the BOI and DTI through the 2017 Investment Priorities Plan.
The Bureau of Internal Revenue has issued new procedures to claim preferential tax treaty benefits for nonresidents covered by tax treaties signed by the Philippines with other countries. Non-residents may now enjoy preferential withholding tax rates for dividends, interest, and royalty earnings from domestic sources.
The new law, RA10881, approved and enforced in the third quarter of 2016, has allowed foreign investors to have full ownership of finance companies in the Philippines.
One sided lease agreements in the Philippines are the rule of thumb and don’t imagine for a second that they are in favor of the lessee. Maybe it is because the lessors are paying the legal fees.