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PSIC 2019 · Sub-class
27902

Manufacture of uninterruptible power supplies (UPS)

Open to 100%

Manufacture of uninterruptible power supplies (UPS).

Excludes

  • Manufacture of non-electrical signs, see class according to material (plastic signs 2220, metal signs 2599) (class 2790 exclusion)
  • Manufacture of porcelain electrical insulators, see 2393 (class 2790 exclusion) 2393
  • Manufacture of carbon and graphite fibers and products (except electrodes and electrical applications), see 2399 (class 2790 exclusion) 2399
  • Manufacture of electronic component-type rectifiers, voltage regulating integrated circuits, power converting integrated circuits, electronic capacitors, electronic resistors, and similar devices, see 2612 (class 2790 exclusion) 2612
  • Manufacture of transformers, motors, generators, switch gear, relays, and industrial controls, see 2712 (class 2790 exclusion) 2712
  • Manufacture of batteries, see 2720 (class 2790 exclusion) 2720
  • Manufacture of communication and energy wire, current-carrying and non current-carrying wiring devices, see 2733 (class 2790 exclusion) 2733
  • Manufacture of lighting equipment, see 2740 (class 2790 exclusion) 2740
  • Manufacture of household-type appliances, see 2750 (class 2790 exclusion) 2750
  • Manufacture of non-electrical welding and soldering equipment, see 2819 (class 2790 exclusion) 2819
  • Manufacture of motor vehicle electrical equipment, such as generators, alternators, spark plugs, ignition wiring harnesses, power window and door systems, voltage regulators, see 2930 (class 2790 exclusion) 2930
  • Manufacture of mechanical and electromechanical signalling equipment, safety and traffic control equipment for railways, tramways, inland waterways, roads, parking facilities, airfields, see 3020 (class 2790 exclusion) 3020

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.