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  1. #1
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    Minimum Paid-up Capital Requirement of Corporations and Partnerships - Philippines

    There is no required minimum capital requirement to start a partnership in the Philippines, except for partnership with foreign partner and other special partnership mentioned by the law. However, partnerships with capital of more than P3,000 must register with the Securities and Exchange Commission.

    Stock corporations shall subscribe at least 25% of its authorized stock, and paid at least 25% of its subscribed capital stock (paid-up capital). The paid-up capital of a regular stock corporation must not be less than P5,000.

    But for other industries and forms of equity, the SEC has required the following Minimum Paid-up Capital Requirement of Corporations and Partnerships in the Philippines:

    Based on Industry

    Break Bulk Agent P 250,000.00
    Cargo Consolidator P 400,000.00
    Financing Company
    Metro Manila and other 1st class cities P 10,000,000.00
    Other classes of cities P 5,000,000.00
    Municipalities P 2,500,000.00
    Freight Forwarders
    Domestic P 250,000.00
    International P 2,000,000.00
    Health Maintenance Organization P 10,000,000.00
    Insurance
    Insurance Broker P 20,000,000.00
    Reinsurance Broker P 20,000,000.00
    Insurance Broker and Reinsurance Broker P 50,000,000.00
    Life Insurance Company P 1,000,000,000.00
    Non-Life Insurance Company P 1,000,000,000.00
    Reinsurance Company P 2,000,000,000.00
    Investment Adviser/Manager P 10,000,000.00
    Investment Company P 50,000,000.00
    Investment House P 300,000,000.00
    Lending Investor
    Local Manpower Contracting and Subcontracting
    P 1,000,000.00
    P 3,000,000.00
    Mining
    * Required Authorized Capital Stock (P10,000,000.00)
    P 2,500,000.00
    Non-Vessel Operating Common Carrier P 4,000,000.00
    Pawnshop P 100,000.00
    Pre-Need Plan Issuer P 100,000,000.00
    Pre-Need Plan Agent P 5,000,000.00
    Real Estate Investment Trust ( REIT) P 300,000,000.00
    Recruitment – Domestic - Corporation P 500,000.00
    - Partnership P 200,000.00
    Recruitment for Overseas Employment P 2,000,000.00
    Retail Trade with Foreign Equity US$ 2,500,000.00
    School (for stock corporations)
    Pre-elementary/Elementary Education P 1,000,000.00
    Elementary & Secondary Education P 2,500,000.00
    Elementary, Secondary, Tertiary P 5,000,000.00
    Post/Graduate Education
    Security Agency P 500,000.00
    Securities Broker/Dealer
    (New/SRO-Member)
    P 100,000,000.00
    Securities Broker/Dealer
    (Existing/SRO-Member)
    P 30,000,000.00
    Securities Broker/Dealer in Proprietary Shares (Non-SRO-Member) P 5,000,000.00
    Special Purpose Vehicle P 31,250,000.00
    Special Purpose Corporation
    Secondary Mortgage Institution (SMI)

    Servicer for special purpose corporation
    *Required Authorized Capital Stock (P10,000,000.00)
    5,000,000.00
    P 2,000,000,000.00


    Transfer Agent P 1,000,000.00



    Based on Foreign Equity:


    Domestic Corporations with more than 40% foreign equity
    - Domestic Market Enterprise US$ 200,000.00
    - Export Market Enterprise P 5,000.00
    Foreign Branch Office
    - Domestic market enterprise US$ 200,000.00
    - Export market enterprise P 5,000.00
    Partnership with foreign partner
    - Domestic market enterprise US$ 200,000.00
    - Export market enterprise P 3,000.00
    Foreign Representative Office US$ 30,000.00
    Regional Area Headquarters (RHQ) US$ 50,000.00
    Regional Operating Headquarters (ROHQ) US$ 200,000.00


    Source: http://www.sec.gov.ph/gsr/primary/minpdup.html
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  2. #2
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    I want to start a corp. Can I bring in my land and building as paid capital ?

  3. #3
    Chief viclogic's Avatar
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    You can contribute your land and building as your payment of subscribed capital.

    Here are the additional requirements that must be submitted to SEC if you are contributing land/building/condo unit as payment for your subscription:


    1. Description of the property showing the name of its registered owner, location, area, TCT No., tax declaration number and the basis of the transfer value (market value/assessed value/ zonal value or appraised value ), signed by the treasurer of the corporation;
    2. Copy of TCT/CCT and tax declaration sheet, as certified by the Register of Deeds and the Assessor’s Office, respectively;
    3. If transfer value is based on zonal value: Latest zonal valuation certified by the Bureau of Internal Revenue (BIR);
    4. If transfer value is based on appraised value: Appraisal report by a licensed real estate appraiser (not more than six [6] months old);
    5. Deed of assignment;
    6. If property is mortgaged: Mortgagee/creditor’s certification on the outstanding loan balance and his consent to the transfer of property ;
    7. For assignment of a building where the assignor is not the owner of the land: Lease contract on the land and consent of the land owner to the transfer;
    8. Affidavit of the transferor that the building/condominium unit is existing and in good condition; and
    9. Affidavit of undertaking by any incorporator or director to submit the proof of transfer of the property within the prescribed period.

    To see the list of all requirements for registering a corporation, please visit: http://www.sec.gov.ph/gsr/primary/primaryreg.html
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  5. #4

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    For FILIPINO citizens only and must be 15 to 45 years of age

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  7. #6

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    Want to work at home..?
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  8. #7

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    WE ARE HIRING ( DATA ENTRY) WORK AT HOME
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