BONDAME, FERDINAND R. Special Commercial Law ATTY. VERA Summer class May 9, 2014
Under the Category D of RA8762 - Enterprises specializing in high-end or luxury products with a paid up capital of the equivalent in Philippine Pesos of Two Hundred Fifty Thousand US Dollars (US$250,000.00) per store may be wholly-owned by foreigners. This category would like to entice foreign investor to bring their product and money here in our country. We have to admit that by our own, we can not realistically sustain products that can compete with foreign ones like shoes, clothes and alike. Through RA 8762 we open our country to the opportunity to be known locally and abroad.
It is but natural that we promulgate laws that would set us up to be a competitive country for many potential investors. This category in RA 8762 would give rise to the influx of various opportunities not just for the foreigners but most especially to the local economy of our country. We have the raw materials but we lack the capital to process these raw materials to become competitive globally
I believe that this category is a fine policy that will usher a more fruitful economy both for foreigners and our own. By infusing foreign capital we can have the opportunity to be equipped with products that can uplift our economy.
The aspiring competitors of the CLAT entrance who need to take coaching or training from the best law entrance exam coaching in Pune needs to get in touch with us. To make your preparation of a Law Entrance better joining Career Launcher will be the best option. Common-Law Admission Test is a national level test for law entrance held on by 19 NLUs. This is done in turn by them. CLAT being the most significant test for the law hopefuls, applicants look for the best coaching they can get to plan for the test.
BONDAME, FERDINAND R.
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ATTY. VERA
Summer class
May 9, 2014
Under the Category D of RA8762 - Enterprises specializing in high-end or luxury products with a paid up capital of the equivalent in Philippine Pesos of Two Hundred Fifty Thousand US Dollars (US$250,000.00) per store may be wholly-owned by foreigners. This category would like to entice foreign investor to bring their product and money here in our country. We have to admit that by our own, we can not realistically sustain products that can compete with foreign ones like shoes, clothes and alike. Through RA 8762 we open our country to the opportunity to be known locally and abroad.
It is but natural that we promulgate laws that would set us up to be a competitive country for many potential investors. This category in RA 8762 would give rise to the influx of various opportunities not just for the foreigners but most especially to the local economy of our country. We have the raw materials but we lack the capital to process these raw materials to become competitive globally
I believe that this category is a fine policy that will usher a more fruitful economy both for foreigners and our own. By infusing foreign capital we can have the opportunity to be equipped with products that can uplift our economy.
The aspiring competitors of the CLAT entrance who need to take coaching or training from the best law entrance exam coaching in Pune needs to get in touch with us. To make your preparation of a Law Entrance better joining Career Launcher will be the best option. Common-Law Admission Test is a national level test for law entrance held on by 19 NLUs. This is done in turn by them. CLAT being the most significant test for the law hopefuls, applicants look for the best coaching they can get to plan for the test.
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