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PSIC 2019 · Sub-class
28150

Manufacture of ovens, furnaces and furnace burners

Open to 100%

This subclass involves the manufacture of various types of ovens, furnaces, and burners used in industrial, laboratory, and household settings.

Includes

  • Manufacture of electrical and other industrial and laboratory furnaces and ovens, including incinerators
  • Manufacture of burners
  • Manufacture of permanent mount electric space heaters and electric swimming pool heaters
  • Manufacture of permanent mount non-electric household heating equipment, such as solar heating and steam heating
  • Manufacture of electric household-type furnaces, including electric forced air furnaces and heat pumps
  • Manufacture of non-electric household forced air furnaces
  • Manufacture of mechanical stokers, grates, ash discharges, etc.

Excludes

  • Manufacture of household ovens 2750
  • Manufacture of agricultural dryers 2825
  • Manufacture of bakery ovens 2825
  • Manufacture of dryers for wood, paper pulp, paper or paperboard 2829
  • Manufacture of medical, surgical or laboratory sterilizers 3250
  • Manufacture of (dental) laboratory furnaces 3250

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.