Corporate Officers
in the Philippines
Corporate Officers vary with each entity available for local and international investors. Here is the rundown for each entity.
domestic corporation under fia
Under the Domestic Corporation under FIA or a 100% foreign-owned company, foreigners can be the incorporators, shareholders, and the President of the company. For the treasurer part, as long as an individual is a resident of the Philippines, he or she can be assigned as the treasurer.
Shareholders Incorporators President Treasurer Corporate Secretary
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Foreigner 1
Foreigner 2
Philippine Resident
Philippine Resident
Domestic Corporation under 60-40
Under the Domestic Corporation under 60-40 set-up, foreigners can be the incorporators and shareholders of the company as long as it is up to 40% only and the majority must still be locals. The corporate officers must all be Filipino citizens.
Shareholders Incorporators President Treasurer Corporate Secretary
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Foreigner 1
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Filipino Citizen 1​
Philippine Resident
Filipino Citizen 2
Domestic Corporation for 100% Filipino-owned
If the corporation will be 100% Filipino-owned, all the officers, incorporators, and shareholders must be Filipino citizen as well.