The Philippine Economic Zone Authority (PEZA) was created to foster employment opportunities around the country and to spur exports. PEZA is meant to encourage foreign and local investors to establish export-oriented manufacturing...
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Is the adoption of a Filipino child in another country recognized in the Philippines?
Is a US adoption valid in the Philippines? Let us say that the adoption of a Filipino child took place in the United States or Canada or Europe for that matter. Can that adoption be recognized in the Philippines so as to change th...
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The income tax rate of corporations lowered in the Philippines
The CREATE law has lowered corporate income taxes in the Philippines. The article below discusses the corporate taxes that were affected: • Corporate tax rates • Minimum Corporate Income Taxes (MCIT) • Improperly Accumulated...
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What happens to a foreigner’s assets when he dies in the Philippines?
A foreign citizen may settle in the Philippines and live here for years, finally passing away far from family in his home country. When it comes time to settle his estate, his family abroad might not know how to begin searching fo...
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Court in the Philippines in the time of the COVID pandemic
It has been over a year since the Philippines underwent its first lockdown due to the COVID pandemic. In that time, the courts have had to adapt to the disruption brought by a virus that spreads through social contact...
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Enforcing a Foreign Money Judgment on Property in the Philippines
Let us say there was a court case in the United States. After trial, one party prevailed and the US court rendered judgment ordering the defendant to pay a certain amount of money to the plaintiff. If the defendant has assets in t...
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