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	<title>Comments on: Philippines Partnership</title>
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	<lastBuildDate>Fri, 23 Jul 2010 10:01:55 +0000</lastBuildDate>
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		<title>By: Marlon Crespo</title>
		<link>http://www.bcphilippineslawyers.com/philippines-partnership/933/comment-page-1/#comment-2654</link>
		<dc:creator>Marlon Crespo</dc:creator>
		<pubDate>Tue, 15 Jun 2010 06:57:54 +0000</pubDate>
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		<description>Hi.
Good afternoon.
I &amp; my brother in law plan to open a Engineering business here in the Philippines which is a building Services Specialist and Consultancy and will be a 60-40% share.However under negative list A it was stated no foreign equity and is not clear to us. can you please help clarify?

Can we avail tax incentives, holidays?

Thanks in advance!


Marlon, a foreigner may not own any part or engage in an engineering business in the Philippines.</description>
		<content:encoded><![CDATA[<p>Hi.<br />
Good afternoon.<br />
I &amp; my brother in law plan to open a Engineering business here in the Philippines which is a building Services Specialist and Consultancy and will be a 60-40% share.However under negative list A it was stated no foreign equity and is not clear to us. can you please help clarify?</p>
<p>Can we avail tax incentives, holidays?</p>
<p>Thanks in advance!</p>
<p>Marlon, a foreigner may not own any part or engage in an engineering business in the Philippines.</p>
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