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June 1, 2022

Business Law and Labor Law Updates

The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.

 


WHAT IS TOURISM ENTERPRISE ZONE?


TOURISM

  • Tourism Enterprise Zones have historical and cultural significance

  • Tourism Enterprise Zones may be further utilized for bringing new investments in tourism establishments and services

  • Registration as tourism enterprise where appropriate, is encouraged

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DUTIES AND RIGHTS OF WORKERS IN STRENGTHENING THE COMPLIANCE WITH OCCUPATIONAL SAFETY AND HEALTH STANDARDS


  • Worker shall participate in capacity building activities and use properly of all safeguards and safety devices.

  • Worker has the duty to comply with instructions to prevent accidents or imminent danger, observe prescribed steps to be taken in cases of emergency and report to their immediate supervisor or any other responsible safety and health personnel any work hazard that may be discovered in the workplace.

  • Worker has the right to use personal protective equipment, know all type of hazards, refuse unsafe work, and report accidents.

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DIRECT AND INDIRECT CONTRIBUTORS UNDER THE UNIVERSAL HEALTH CARE ACT


  • Every Filipino citizen shall be automatically included into the National Health Insurance Program

  • Direct contributors refer to those who have the capacity to pay premiums

  • Indirect contributors refer to those whose premium shall be subsidized

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PREQUALIFICATION OF FOREIGN RETAILERS UNDER REPUBLIC ACT NO. 8762


  • Before a foreign retailer is allowed to engage in the retail trade business or invest in an existing retail store in the Philippines, it must possess all of the qualifications provided by the Implementing Rules and Regulations of Republic Act No. 8762 (RA 8762) or Retail Trade Liberalization Act of 2000.

  • A request for pre-qualification by the aforementioned foreign retailer must be submitted to the Board of Investments (BOI) before filing a formal application to engage in the retail business or invest in an existing retail store.

  • The BOI shall issue, after evaluation and verification, a Certification that the foreign retailer meets the qualifications prescribed by the law.

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