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Regional Operating Area Headquarters

SEC application form for multinational company to establish a regional operating headquarters in the Philippines

Your Browser Doesn't Support Canvas. Showing the Text Content of the PDF Instead: REPUBLIC OF THE PHILIPPINES

SECURITIES AND EXCHANGE COMMISSION
SEC Building, EDSA, Greenhills,
City of Mandaluyong, Metro Manila

APPLICATION OF MULTINATIONAL COMPANY FOR
REGISTRATION AND LICENSE TO ESTABLISH A
REGIONAL OPERATING HEADQUARTERS IN THE PHILIPPINES

The
hereby applies with the Securities and Exchange Commission under
Executive Order No. 226 otherwise known as the Omnibus
Investments Code of 1987, as amended by R.A. 8756 and its
implementing rules and regulations, for registration and license to
establish a regional operating headquarters in the Philippines, and
submits the following statements, undertaking and accompanying
documents:
1. The the applicant is a foreign company organized and existing
under the laws of
engaged in
_____________________
and in international
trade with affiliates, subsidiaries, or branch offices in the Asia-Pacific
Region and other foreign markets.
2. That

the

services

3. The

location

of

which

its

it intends

office

III

4. That it has affiliates, subsidiaries
following places:
NAME

the

to engage

III

Philippines

or branch

offices

ADDRESS

is/are

IS

at

III

the

5. That the applicant shall not directly or indirectly engage in the
sale and distribution of goods and services of its mother company,
branches, affiliates, subsidiaries, or any other company.
6. The applicant shall notify the Board of Investments and the
Securities and Exchange Commission, the Bangko Sentral ng
Pilipinas, as the case maybe, of any decision to close down or suspend
operation of its headquarters at least fifteen (15) days before the same
is effected.
7. That the applicant shall initially remit into the country within
thirty (30) days from receipt of Certificate of Registration from the
Securities and Exchange Commission, an amount of at least TWO
HUNDREDTHOUSANDU.S. DOLLARS(US$200,000) or its equivalent
in other foreign currencies and converted the same to the Philippine
peso. The corresponding Certificate of Inward Remittance from local
bank showing that it has remitted the said amount shall be submitted
to the Securities and Exchange Commission and the Board of
Investments.
with residence or office address
8. ______________
at
_
is its local agent in the Philippines empowered to accept service of
summons and process in all legal proceedings against the company
and of all notices affecting the same.
9. That the applicant undertakes to change the name of the
corporation as herein provided, or as amended thereafter, immediately
upon receipt of notice or directive from the Securities and Exchange
Commission that another corporation, partnership or person has
acquired a prior right to the use of the name or that the name has
been declared as misleading, deceptive, confusingly similar to a
registered name, or contrary to public morals, good customs or public
policy.
10.

Attached hereto are:
a. Name Verification Slip
b. Indorsement of the Board of Investments
c. A
certification
from
the
Philippine
Consulate/Embassy,
or
the
Philippine
Commercial Office or from the equivalen t
office of the Philippine Department Trade and
Industry in the applicant's home country that
said foreign firm is an entity engaged in
international trade with affiliates, subsidiaries
or branch offices in the Asia Pacific Region
and other foreign markets. In case the
certification is issued by the equivalent office

•

of the Philippine Department Trade and
Industry, the same shall be authenticated by
the Philippine Consulate/Embassy.
d. A duly authenticated
certification from the
principal officer of the foreign entity to the
effect that the said foreign entity has been
authorized
by its board of directors or
governing body to establish its regional or
area headquarters in the Philippines.
WITNESS
_______________
for
and
In
__________________
_____
,20_.

THE
behalf

SIGNATURE
of
hereunto duly authorized to sign
of
the
applicant
at
on the
day of

(Name of Company)
by:

(Signature over printed name
of Authorized Representative)

SUBSCRIBED AND SWORN TO before me, this __
day of
____
, 201 __ affiant exhibiting to me his/her Community Tax
Certificate No.
issued at
on

NOTARYPUBLIC
Doc. No.__

;

Page No. __

;

Book No. __

;

Series of 200
 
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