S E C FORM NO.
F-100
For New Corporation with
more than 40% Foreign Equity
APPLICATION TO DO BUSINESS UNDER THE
FOREIGN INVESTMENTS ACT OF 1991
___________________________________________________________
(Name of Corporation )
hereby applies for authority to do business under the Foreign
Investments Act of 1991 (RA 7042, as amended by R.A No. 8179 and
submits the following statements and accompanying documents:
1. That the applicant is a new corporation with _____________ %
foreign equity and intends to operate a
( ) domestic market enterprise *
( ) export enterprise **
2. That the primary purpose of said corporation is ______________
________________________________________________________________________________________________
________________________________________________________________________________________________
__________________________________________________________________________________________
(Please use additional sheet if necessary)
3. That the principal office of the corporation is in
________________________________________________________________________
(specific address)
4. That the authorized capital stock, outstanding and paid-up
capital of the applicant are as follows:
AUTHORIZED OUTSTANDING PAID-UP
__________________ __________________ __________________
5. That the alien subscriber(s) of the applicant who are
stockholders/partners of an existing corporation/
partnership in the Philippines which is engaged in the same
line of business as that of the applicants are as follows:
NAME NAME OF CORPORATION/ PERCENTAGE OF NO. OF
PARTNERSHIP SHAREHOLDINGS DIRECTORS
___________________ __________________________________ ___________________________ ______________
___________________ __________________________________ ___________________________ ______________
___________________ __________________________________ ___________________________ ______________
(Please use additional sheets if necessary)
* domestic market enterprise - an enterprise which produces goods for sale, or renders services or otherwise
engages in any business in the Philippines.
** export enterprise - an enterprise wherein a manufacturer, processor or service (including tourism)
enterprise exports sixty percent (60%) or more of its output, or wherein a trader purchases products
domestically or exports sixty percent (60%) or more of such purchases.
6. That as an export enterprise, the applicant undertakes to export
at least sixty (60) percent of its total output as indicated hereunder and
commits to submit report of such export to the Board of Investments as
required by the Implementing Rules of RA 7042 as amended.
YEAR PRODUCTS TOTAL DOMESTIC EXPORT
EXPORT
PROJECTED SALES SALES SALES %
VOLUME/VALUE
_________ ______________ ______________________ ____________ ___________ ________
_________ ______________ ______________________ ____________ ___________ ________
_________ ______________ ______________________ ____________ ___________ ________
*Please use value in case of products of different kinds and characteristics as well as
those of the same kind but with various categories using different unit of measurement,
volume in case of products of the same kind or category using a common unit of
measurement.
7. That we manifest our willingness to change our corporate name
in the event another person, firm or entity has acquired a prior right to
the use thereof or such a name is deceptively or confusingly similar to
one which has prior right.
IN WITNESS WHEREOF, I, the authorized representative of the
applicant, hereby signed this application this ______ day of ____________,
200______ in ____________________________.
_________________________________
(Authorized Representative)
_________________________________
Position
SUBSCRIBED AND SWORN TO before me, this _______ day of
____________, 200____, affiant exhibiting to me his/her Res. Cert. No.
______________ issued at _____________________ on ____________________.
Doc. No. ____________; NOTARY PUBLIC
Page No. ____________;
Book No. ____________;
Series of 200 ________.
NOTE: Only applications with complete supporting documents including proper
indorsements from appropriate government agencies shall be accepted.
List of Requirements
1. Application form (5 copies)
2. Articles of Incorporation/Partnerships (5 copies)
3. Name Verification Slip
4. Bank Certificate of Deposit
5. ACR/ICR, SIRV (Special Investors Residential Visa), Visa 13 of the alien subscriber
6. Proof of inward remittance such as bank certificate of inward remittance or credit advices
7. Registration Data Sheet
8. Treasurer’s Affidavit
