Section 1. Foreign Investments in Existing Stores. - Any foreign investor, whether or not it is presently engaged in retail trade, may be allowed to invest in existing retail stores, publicly listed or not, subject to the paid up capitalization amounts expressed in net worth, investment per store and equity requirements under Rule III hereof.
Sec. 2. Pre-qualification Requirements. - In addition to the foregoing, foreign investors which are also retailers that will invest in existing retail stores are required to be pre-qualified before they may actually buy shares thereto.
skip to main |
skip to sidebar
RULES AND REGULATIONS IMPLEMENTING REPUBLIC ACT NO. 8762, AN ACT LIBERALIZING THE RETAIL TRADE BUSINESS, REPEALING REPUBLIC ACT NO. 1180, AS AMENDED, REPUBLIC ACT NO. 8754
Keywords
- AN ACT LIBERALIZING THE RETAIL TRADE BUSINESS (1)
- AS AMENDED (1)
- REPEALING REPUBLIC ACT NO. 1180 (1)
- RULE I : DEFINITION OF TERMS (1)
- RULE II : RIGHTS OF FORMER NATURAL BORN FILIPINOS TO ENGAGE IN RETAIL TRADE (1)
- RULE III : CAPITALIZATION AND EQUITY REQUIREMENTS (1)
- RULE IV : PREQUALIFICATION OF FOREIGN RETAILERS (1)
- RULE IX : COMPLIANCE REQUIREMENTS (1)
- RULE V : INVESTMENTS IN EXISTING RETAIL STORES (1)
- RULE VI : HIGH-END OR LUXURY GOODS (1)
- RULE VII : APPLICATION FOR REGISTRATION (1)
- RULE VIII : PROHIBITED ACTIVITIES OF QUALIFIED FOREIGN RETAILERS (1)
- RULE X : REPEALING AND EFFECTIVITY CLAUSES (1)
- RULES AND REGULATIONS IMPLEMENTING REPUBLIC ACT NO. 8762 (1)