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
Registration path
- 1
SEC
Incorporate the entity
- 2
BIR
Tax registration and books
- 3
LGU
Barangay clearance and Mayor’s permit
- 4
Regulator
Sector license, if the activity needs one
Emerhub files each step with the government; you provide the documents and information.