Minimum Paid Up Capital for SEC Registration
- Details
- Parent Category: Business Matters
- Category: SEC Registration Notes
MINIMUM PAID-UP CAPITAL REQUIREMENT
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 |
P 1,000,000.00 |
|
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 |
BUSINESSES REQUIRING ENDORSEMENTS FROM OTHER GOVERNMENT AGENCIES *
|
a. Air Transport |
Civil Aeronautics Board |
|
b. Banks, Pawnshops or other Financial Intermediaries with Quasi-Banking Functions |
Bangko Sentral ng Pilipinas |
|
c. Charitable Institutions |
Department of Social Welfare and Development |
|
d. Educational Institutions: (stock & non-stock) |
|
|
Elementary to High school |
Department of Education |
|
College, Tertiary Course |
Commission on Higher Education |
|
Technical Vocational Course |
Technical Education Skills and Development Authority |
|
f. Electric Power Plants/Trading of Petroleum Products |
Department of Energy |
|
g. Hospitals/Health Maintenance Organizations |
Department of Health |
|
h. Insurance |
Insurance Commission |
|
j. Professional Associations |
Professional Regulation Commission |
|
k. Radio, TV, Telephone |
National Telecommunications Commission |
|
l. Recruitment for Overseas Employment |
Philippine Overseas Employment Administration |
|
m. Security Agency/ Anti-Crime Task Force |
Philippine National Police |
|
n. Tobacco Related Business |
National Tobacco Administration |
|
n. Volunteer Fire Brigade |
Bureau of Fire Protection |
|
o. Water Transport/Shipbuilding/Ship Repair |
Maritime Industry Authority |
*Endorsements, if applicable, shall form part of the registration papers
