Eleventh Negative Foreign Investments Negative List (EO 65)

A Negative List, also called the Foreign Investments Negative List, is a list of areas of economic activity whose foreign ownership is limited to a maximum of forty percent (40%) of the outstanding capital stock in the case of a corporation or capital in the case of partnership.

The negative list currently applicable is the 11th Negative Foreign Investments Negative List, issued on 29 October 2018 through Executive Order No. 65.

P&L Law

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