Podcast
Questions and Answers
Who is eligible to apply for registration as an Export or Free Trade Enterprise within the ECOZONE?
Who is eligible to apply for registration as an Export or Free Trade Enterprise within the ECOZONE?
- Individuals with ownership above 90%
- Only firms based in List A of the Foreign Investments Act of 1991
- Only Philippine nationals
- Any form of business organization regardless of nationality (correct)
For which sector is duty-free retailing and wholesale trading of imported finished products prohibited within the ECOZONE?
For which sector is duty-free retailing and wholesale trading of imported finished products prohibited within the ECOZONE?
- Manufacturing sector
- Domestic market service sector (correct)
- Tourism sector
- International trade and commerce sector
Which enterprises need to observe the nationality, ownership, or control requirements of the Foreign Investments Act of 1991?
Which enterprises need to observe the nationality, ownership, or control requirements of the Foreign Investments Act of 1991?
- Service Enterprises only
- ECOZONE Developers and Operators only
- Enterprises falling within Lists A and B of the Foreign Investments Act (correct)
- Tourism Enterprises only
What are applicants for Domestic Enterprise limited to?
What are applicants for Domestic Enterprise limited to?
To what guidelines must applicants for Domestic Enterprise adhere in addition to nationality requirements under existing laws and regulations?
To what guidelines must applicants for Domestic Enterprise adhere in addition to nationality requirements under existing laws and regulations?
Which enterprises are exempted from the ownership and control requirements under the Foreign Investments Act of 1991?
Which enterprises are exempted from the ownership and control requirements under the Foreign Investments Act of 1991?
What must an applicant for an ECOZONE Enterprise submit if the project feasibility study is dispensed with?
What must an applicant for an ECOZONE Enterprise submit if the project feasibility study is dispensed with?
Which document is NO LONGER REQUIRED as per the text?
Which document is NO LONGER REQUIRED as per the text?
What is required in the submission for an ECOZONE Enterprise?
What is required in the submission for an ECOZONE Enterprise?
Where should the application for an ECOZONE Enterprise be filed?
Where should the application for an ECOZONE Enterprise be filed?
Who approves the application for an ECOZONE Enterprise?
Who approves the application for an ECOZONE Enterprise?
In what format is the communication regarding the application sent?
In what format is the communication regarding the application sent?
