Share

F-107 Application of an Existing Partnership to Increase Its Foreign Equity

SEC application form For registered partnership with foreign equity increasing further the percentage of such equity under the foreign investment act of 1991

Your Browser Doesn't Support Canvas. Showing the Text Content of the PDF Instead: S.E.C. FORM NO. F-107
For
registered partnership with
foreign equity increasing further the
percentage of such equity

APPLICATION OF AN EXISTING PARTNERSHIP
TO INCREASE ITS FOREIGN EQUITY UNDER THE
FOREIGN INVESTMENTS ACT OF 1991 (RA 7042)
___________________________________________________________

(Name of Corporation)

hereby applies for authority to increase the percentage of foreign equity
participation under the Foreign Investments Act of 1991 (RA 7042, as
amended) and submits the following statements and accompanying
documents:
1.
That the applicant is a partnership registered with this
Commission with SEC Reg. No.
__________________ issued on
_____________________________ and operates a:
(
(

)
)

domestic market enterprise
export market enterprise

*
**

2.
That
the
applicant
has
a
foreign
_________________________________ ( ____________%).

equity

of

3.
That the business address of the corporation is in
_______________________________________________________________________.
(specific address)

4.
That the applicant shall increase the percentage of its foreign
equity to ___________________________ percent ( __________%).
* domestic market enterprise - an enterprise which produces goods for sale, or renders services
or otherwise engages in any business in the Philippines. This requires minimum contributed
capital equivalent of US$200,000.00.
** export market enterprise – an enterprise wherein a manufacturer, processor or service
(including tourism enterprise exports sixty (60%) percent or more of its output, or wherein a
trader purchases products domestically or exports sixty (60%) percent or more of such purchase.
Minimum contributed capital required is P3,000.00

1

5.
through:

That the increase in foreign equity shall be undertaken

(

)

Admission of non-Philippine national as partner

(

)

Assignment of Filipino partnership interest to non-Philippine national

(

)

Others _______________________________________________________

6.
That
the
purpose(s)
of
said
corporation
is
________________________________________________________________________
________________________________________________________________________
________________________________________________________________________
(Please use additional sheet if necessary)

7.
That
the
present
capital
of
the
applicant
_____________________________________ (P __________________ ).

is

IN WITNESS WHEREOF, I, the authorized representative of the
applicant, hereby signed this application this ______ day of ____________,
200______ in ____________________________.
_________________________________
(Authorized Representative)

_________________________________
Position

SUBSCRIBED AND SWORN TO before me this ______ day of ____________,
200___, affiant exhibiting
to me his/her
Community Tax Certificate
No.______________ issued at ____________________ on ____________________.
NOTARY PUBLIC
Doc. No. ____________;
Page No. ____________;
Book No. ____________;
Series of 200 ________.

NOTE:
•
•
•

Only applications with complete supporting documents including proper indorsements from
appropriate government agencies shall be accepted.
All documents executed abroad should be authenticated by the Philippine Embassy or
Consulate in the country where executed.
Submit six (6) copies

2
 
Page of
Share