|
|
SEC REGISTRATION REQUIREMENTS
Minimum Paid-Up Capital Requirement
BASED ON
INDUSTRY:
|
Break Bulk Agent
|
P
|
250,000.00
|
|
Cargo Consolidator
|
P
|
400,000.00
|
|
Financing Company
|
|
|
|
Metro Manila and other 1st class cities
|
P
|
10,000,000.00
|
|
Other classes of cities
|
P
|
5,000,000.00
|
|
Municipalities
|
P
|
2,500,000.00
|
|
Freight Forwarders
|
|
|
|
Domestic
|
P
|
250,000.00
|
|
International
|
P
|
2,000,000.00
|
|
Health Maintenance Organization
|
P
|
10,000,000.00
|
|
Insurance
|
|
|
|
Insurance Broker
|
P
|
20,000,000.00
|
|
Reinsurance Broker
|
P
|
20,000,000.00
|
|
Insurance Broker and Reinsurance Broker
|
P
|
50,000,000.00
|
|
Life Insurance Company
|
P
|
1,000,000,000.00
|
|
Non-Life Insurance Company
|
P
|
1,000,000,000.00
|
|
Reinsurance Company
|
P
|
2,000,000,000.00
|
|
Investment Adviser/Manager
|
P
|
10,000,000.00
|
|
Investment Company
|
P
|
50,000,000.00
|
|
Investment House
|
P
|
300,000,000.00
|
|
Lending Investor
|
P
|
1,000,000.00
|
|
Mining
|
P
|
2,500,000.00
|
|
Non-Vessel Operating Common Carrier
|
P
|
4,000,000.00
|
|
Pawnshop
|
P
|
100,000.00
|
|
Pre-Need Plan Issuer
|
P
|
100,000,000.00
|
|
Pre-Need Plan Agent
|
P
|
5,000,000.00
|
|
Recruitment for Local Employment
|
|
|
|
Corporation
|
P
|
500,000.00
|
|
Partnership
|
P
|
200,000.00
|
|
Recruitment for Overseas Employment
|
P
|
2,000,000.00
|
|
Retail Trade with Foreign Equity
|
US$
|
2,500,000.00
|
|
School (for stock corporations)
|
|
|
|
Elementary Education
|
P
|
1,000,000.00
|
|
Elementary & Secondary Education
|
P
|
2,500,000.00
|
|
Elementary, Secondary, Tertiary
|
P
|
5,000,000.00
|
|
Post/Graduate Education
|
|
|
|
Security Agency
|
P
|
500,000.00
|
|
Securities Broker/Dealer
(New/SRO-Member)
|
P
|
100,000,000.00
|
|
Securities Broker/Dealer
(Existing/SRO-Member)
|
P
|
10,000,000.00
|
|
Securities Broker/Dealer in Proprietary
Shares (Non-SRO-Member)
|
P
|
5,000,000.00
|
|
Special Purpose Vehicle
|
P
|
31,250,000.00
|
|
Special Purpose Corporation
|
P
|
5,000,000.00
|
|
Transfer Agent
|
P
|
1,000,000.00
|
BASED
ON FOREIGN EQUITY:
|
Domestic Corporations with more than 40%
foreign equity
|
|
|
- Domestic Market Enterprise
|
US$
|
200,000.00
|
|
- Export
Market Enterprise
|
P
|
5,000.00
|
|
Foreign Branch Office
|
|
|
|
- Domestic market enterprise
|
US$
|
200,000.00
|
|
- Export market enterprise
|
P
|
5,000.00
|
|
Partnership with foreign partner
|
|
|
|
- Domestic market enterprise
|
US$
|
200,000.00
|
|
- Export market enterprise
|
P
|
3,000.00
|
|
Foreign Representative Office
|
US$
|
30,000.00
|
|
Regional Area Headquarters (RHQ)
|
US$
|
50,000.00
|
|
Regional Operating Headquarters (ROHQ)
|
US$
|
200,000.00
|
|
|
