The State, through the enactment of the Anti-Money Laundering Act, including its amendments, commits to protect and preserve the identity and confidentiality of bank accounts and to ensure that the Philippines shall not be used as a money laundering site for the proceeds of any unlawful activity.
Under Republic Act No. 7924 or the MMDA Law, traffic management and enforcement operation in Metropolitan Manila is lodged with the Metro Manila Development Authority (MMDA).
Every March 8 of every year is declared to be National Women’s Day.
The National Commission on Muslim Filipinos is created by virtue of Republic Act No. 9997.
The forms of payment of wages are regulated by the Labor Code, which specifies that wages must be paid using legal tender.
The month of March of every year is declared as “Tax Consciousness Month” by virtue of Proclamation No. 1239, Series of 1974.
Every second week of March of every year is declared as the Philippine Foreign Trade Week. (Proclamation No. 248, s. 1956)
There are two types of conversion outlined in SEC Memorandum Circular No. 27, series of 2020: (1) from an ordinary stock corporation to a one-person corporation, and (2) from a one-person corporation to an ordinary stock corporation.
Under the 1987 Constitution, it is the policy of the State to promote full employment, equality of employment opportunities for all, and afford full protection to labor.
The Alien Employment Permit (AEP) is not an exclusive authority for a foreign national to work in the Philippines.
