Business
Starting a business as a foreigner: ownership, capital, registration and visa
Find out how much of a business you may own, the capital needed for 100%, the registration steps, the risks of a Filipino nominee, and the visa that lets you run it.
Last verified: 2026-10
Situations covered (13)
- 100% foreign ownership possible with at least US$200,000
- 100% with US$100,000: only under specific conditions
- Below the threshold: at most 40% foreign ownership
- Foreign retail company: ₱25 million paid-up capital
- Export enterprise: up to 100% foreign without the US$200,000 minimum
- Activity reserved or capped: no foreign control possible
- Business in a Filipino's name with your money: you own nothing in law
- Real 60/40 company: protect your minority rights
- Separation or dispute: what the registry says decides
- SIRV: residence for an investment of at least US$75,000
- Working in your own company: visa needed, AEP or exclusion
- Already resident: own within the limits and register the exemption
- Freelancing for local clients: it is doing business here
Sources
- Republic Act No. 11647 (2022), amending the Foreign Investments Act — Lawphil
- Republic Act No. 8762 (Retail Trade Liberalization Act) — Lawphil
- Republic Act No. 11595 (2021), amending the Retail Trade Liberalization Act — Supreme Court E-Library
- OneAsia Legal — 13th Foreign Investment Negative List (EO 113, April 2026)
- Nicolas & De Vega — Navigating the 2026 Foreign Investment Negative List (May 2026)
- SEC — Application for registration of a One Person Corporation
- DTI — Business Name Registration System FAQ
- Philippine Consulate General in Vancouver — Special Investor's Resident Visa (SIRV)