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PSIC 2019 · Sub-class
26603

Manufacture of medical laser equipment

Open to 100%

Manufacture of medical laser equipment.

Excludes

  • Manufacture of laboratory analytical instruments (e.g. blood analysis equipment) (class 2660 exclusion) 2651
  • Manufacture of tanning beds (class 2660 exclusion) 2790

Foreign ownership

Open to 100%

This activity is not on the 12th Foreign Investment Negative List. A foreign investor may hold up to 100%, subject to the minimum-capital rules below.

Recommended route

Foreign-owned corporation

Up to 100% foreign equity (SEC)

One Person Corporation

A single foreign owner

Branch office

Extension of a foreign parent

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 corporationFitsUSD 200k
One Person CorporationFitsUSD 200k
Branch officeFitsUSD 200k
Representative officeFitsUSD 30k
Local corporation, minority foreignLower / 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.

Minimum paid-up capital

SituationUSDPHP
Domestic-market enterprise (>40% foreign)Paid-up capital for foreign equity above 40% serving the local market. Legal basis: FIA (RA 7042 as amended).$200,000≈ ₱11.4M
Reduced thresholdAt least 50 direct employees, or advanced technology. Legal basis: FIA (RA 7042 as amended).$100,000≈ ₱5.7M
Export enterpriseExports at least 60% of output. Legal basis: Corporation Code (RA 11232).≈ $88₱5,000
Retail trade enterpriseMinimum paid-up capital for foreign retail. Legal basis: RA 11595.≈ $439k₱25,000,000

Bold is the figure the law sets; the other column is an approximate conversion at ₱57 to USD 1.

Licenses & product holding

Alongside SEC incorporation, this activity needs the following regulatory license or product registration before it can legally operate in the Philippines.

  • FDA - product & establishment license

    FDA License to Operate (LTO) + Medical Device Registration (CMDR) - Electromedical/Irradiation Equipment

    Manufacturing X-ray, CT/PET scanner, MRI, ultrasound or other electromedical/irradiation equipment requires an FDA LTO as a medical device establishment plus a CMDR, and separate radiation-source clearance from the DOH/PNRI where applicable.

    Emerhub can hold this registration for you.