WebJan 10, 2024 · On 10 December 2024, President Rodrigo Duterte signed into law Republic Act No. 11595 (" RA 11595 "), otherwise known as "An Act amending Republic Act No. … WebOTHERWISE KNOWN AS THE "RETAIL TRADE LIBERALIZATION ACT OF 2000 " EXPLANATORY NOTE Retail Trade is the act, occupation or calling of habitually selling direct to the general public merchandise, commodities or goods for consumption. Republic Act No. 8762, or the Retail Trade Liberalization Act of 2000, provides for the liberalization of the ...
Department of Trade and Industry Philippines
WebJan 26, 2024 · The RTLA allowed foreign investors to engage in the local retail industry but imposed high minimum paid-up capital requirements. Under Republic Act No. 11595, a … WebSBN-1840 (Third Reading Copy) 5/25/2024 316.1KB. Republic Act No. 11595 135KB. Long title. AN ACT AMENDING REPUBLIC ACT NO. 8762, OTHERWISE KNOWN AS THE RETAIL … bam paducah ky
CASE DIGEST: Espina v. Zamora, Jr. - PROJECT JURISPRUDENCE
WebJan 26, 2024 · These priority measures include the proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) and amendments to “anachronistic” laws such as the 84-year old Public Service Act, the Retail Trade Liberalization Act and the Foreign Investments law, Dominguez said at Tuesday’s hearing by the House committee on … WebFACTS: On March 7, 2000, President Joseph E. Estrada signed into law Republic Act (R.A.) 8762, also known as the Retail Trade Liberalization Act of 2000. It expressly repealed R.A. 1180, which absolutely prohibited foreign nationals from engaging in the retail trade business. R.A. 8762 now allows them to do so under four categories. WebFeb 2, 2024 · Republic Act No. 11595 further lowered the barriers to entry in the retail industry by (a) removing the investment categories or classifications under the Retail Trade Liberalization Act of 2000; and (b) lowering the minimum capitalization requirements for all foreign retailers to PhP25 million (approximately USD488,000) from a minimum paid-up … arsenal 로고