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PSIC 2019 · Sub-class
20291

Manufacture of explosives, fireworks and firecrackers

Closed to foreign equity

Manufacture of explosives, fireworks and firecrackers.

Excludes

  • Manufacture of chemically defined products in bulk (class 2029 exclusion) 2011
  • Manufacture of distilled water (class 2029 exclusion) 2011
  • Manufacture of synthetic aromatic products (class 2029 exclusion) 2011
  • Manufacture of printing ink (class 2029 exclusion) 2022
  • Manufacture of perfumes and toilet preparations (class 2029 exclusion) 2023
  • Manufacture of asphalt-based adhesives (class 2029 exclusion) 2399

Foreign ownership

Closed to foreign equityApplies to part of this class

This activity is reserved for Filipino ownership under the Negative List. Emerhub can map a compliant alternative structure.

Legal basis: FINL A.11 · Section 5 of RA No. 7183

Your exact activity may fall inside or outside this restriction. Confirm the classification with Emerhub before you rely on it.

Recommended route

No foreign-equity route

Emerhub can advise a compliant local structure, or an alternative activity that reaches your goal

Entity types

Which structure fits depends on your goal. Rows that suit this activity are highlighted. Open a row for the full detail.

Structure100% foreignSell locallyNo PH partnerNo capital floorNo entityMin. capital
Domestic corporationUSD 200k
One Person CorporationUSD 200k
Branch officeUSD 200k
Representative officeFitsUSD 30k
Local corporation, minority foreignFitsLower / none
Employer of RecordFitsNone
Product holdingFitsNone

Registration path

  1. 1

    SEC

    Incorporate the entity

  2. 2

    BIR

    Tax registration and books

  3. 3

    LGU

    Barangay clearance and Mayor’s permit

  4. 4

    Regulator

    Sector license, if the activity needs one

Emerhub files each step with the government; you provide the documents and information.