Foreign investment shall mean an equity investment made by a non-Philippine national in the form of foreign exchange and/or other assets actually transferred to the Philippines and duly registered with the Central Bank which shall assess and appraise the value of such assets other than foreign exchange.

The nationality of a corporation is determined by law and not by the corporation and/or its subsidiaries. It is the test or tests, as provided by law, that should prevail in determining the nationality of a corporation, and not its representations and/or those of its subsidiaries. (SEC-OGC Opinion No. 11-42 dated October 12, 2011)

Taxes cannot be the subject of compensation because the government and taxpayer are not mutually creditors and debtors of each other and a claim for taxes is not such a debt, demand, contract or judgment as is allowed to be set-off.

Republic Act No. 11659 or An Act Amending Commonwealth Act No. 146, otherwise known as the Public Service Act, as amended, was signed into law on March 21, 2022. One of the notable features of this law is the inclusion of a definition for “Public Utility”, a term that was undefined in both the 1987 Constitution and the old Public Service Act.

Every corporation incorporated under the Revised Corporation Code (RCC) has the power and capacity to adopt bylaws, not contrary to law, morals or public policy, and to amend or repeal the same. The RCC provides the voting requirements for the adoption, amendment, and repeal of bylaws.

Every corporation incorporated under the Revised Corporation Code (RCC) has the power and capacity to adopt bylaws, not contrary to law, morals or public policy, and to amend or repeal the same. The RCC provides the voting requirements for the adoption, amendment, and repeal of bylaws.

Section 1 of the Batas Pambansa Blg. 22 states that, where the check is drawn by a corporation, company or entity, the person or persons who actually signed the check in behalf of the drawer shall be liable.

The pertinent laws, rules and regulations on SSS are:
1. Republic Act (R.A.) No. 11199 or the “Social Security Act of 2018”,
2. IRR of R.A. No. 11199, and
3. R.A. No. 10361 otherwise known as “Batas Kasambahay”.

The pertinent laws, rules and regulations on PhilHealth are:
1. R.A. No. 7875 as amended by R.A. No. 9241 and 10606 or “National Health Insurance Act of 1995”,
2. Revised IRR of R.A. No. 7875 as amended by R.A. No. 9241 and 10606, and
3. R.A. No. 10361 otherwise known as “Batas Kasambahay”.
The pertinent laws, rules and regulations on Pag-IBIG are:
1. Presidential Decree (PD) No. 1530,
2. PD No. 1752, Amending the Act Creating the Home Development Mutual Fund,
3. R.A. No. 9679 or the “Home Development Mutual Fund Law of 2009, otherwise known as Pag-IBIG (Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya at Gobyerno) Fund”,
4. IRR of R.A. No. 9679, HDMF Circular No. 274 or the “REVISED GUIDELINES ON Pag-IBIG FUND MEMBERSHIP”