Legal Question in Employment Law in Philippines
Some businessmen with an available starting capital totaling only 100,000 ask me to help organize a business firm. Subject to legal limitations, they have future plans to invite alien investors who are agreeable to rendering financial assistance by way of direct investments or loans. Upon knowing that i'am once a talented and active student, my professional assistance is solicited on the various questions that may arise.
State the form of business organization which I recommend should be created for the purpose explaining specifically its advantages and disadvantages.
Asked on 3/20/11, 4:52 am
1 Answer from Attorneys
VOLTAIRE T. DUANO
VOLTAIRE T. DUANO LAW OFFICE
A corporation will do provided you should comply with the Foreign Negative List..
Answered on 5/17/11, 6:43 pm
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