The recurring community quarantines and lockdowns due to rising cases of COVID-19 have prompted the Securities and Exchange Commission to extend the deadline for submitting the corporate General Information Sheet (GIS) for 2021...
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PEZA benefits for businesses in the Philippines
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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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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Further Explanation on Retrenchment in Philippine labor law
As the COVID pandemic continues its harsh economic toll, we continue to have to field questions about retrenchment of employees. This picks up from our previous articles and discusses other questions on retrenchment.It talks about...
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Contract Review and Drafting
The law office drafts contracts, proposals, offers, corporate articles, and other legal documents. We also undertake contract review. Send us your detailed query and we shall immediately revert to you, clarify the undertaking, and...
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COVID and Retrenchment in the Philippines
COVID and retrenchment under Philippine law. No one wants the disruption that retrenchment brings. But if work from home, flexible arrangements, or work suspension are not sustainable, businesses may look at the numbers and find t...
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