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    Date: 2019-05-29 15:53:31.379328

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Hospital Policy on Foreign Corporation

Requested from DTI by G. Andalis at 03:53 PM on May 29, 2019.
Purpose: Research and Development
Date of Coverage: 05/29/2019 - 05/29/2019
Tracking no: #DTI-574489612485

Andalis 03:53 PM, May 29, 2019 

Hi, 

What are the laws applicable on foreign investors who wants to open or establish a hospital in the Philippines?

Does the 40% rule apply as to ownership?

What is the qualification of Wellness Centers (which is currently 100% allowed to enter business in the Philippines)

Please clarify. Thank you.


May 30, 2019

Dear Gwendolyn,

Greetings!

Please note that this is a regular request and does not fall under Executive Order No. 2 (s. 2016). As such, we will be forwarding this to the concerned bureau/office,  Board of Investment (BOI). Please expect a reply from them on this matter.

Thank you.

Respectfully,
Grethel Mendoza
FOI Officer

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