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PSIC 2019 · Sub-class
27504

Manufacture of electrothermic domestic appliances (e.g. hair dressing appliances, electric instantaneous storage, heaters, flat- irons, plate warmers, coffee or tea makers)

Open to 100%

Manufacture of electrothermic domestic appliances.

Includes

  • hair dressing appliances
  • electric instantaneous storage
  • heaters
  • flat-irons
  • plate warmers
  • coffee makers
  • tea makers

Excludes

  • Manufacture of commercial and industrial refrigerators and freezers, room air-conditioners, attic fans, permanent mount space heaters, and commercial ventilation and exhaust fans, commercial-type cooking equipment; commercial-type laundry, dry-cleaning and pressing equipment, commercial, industrial and institutional vacuum cleaners (class 2750 exclusion) 28
  • Manufacture of household-type sewing machines (class 2750 exclusion) 2826
  • Installation of central vacuum cleaning systems (class 2750 exclusion) 4329

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

Compare all company structures

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

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