Repair of fabricated metal products
This subclass involves the repair and maintenance of various fabricated metal products, primarily those related to division 25.
Includes
- Repair of metal tanks, reservoirs, and containers
- Repair and maintenance for pipes and pipelines
- Mobile welding repair
- Repair of steel shipping drums
- Repair and maintenance of steam or other vapor generators
- Repair and maintenance of auxiliary plant for use with steam generators, including condensers, economizers, superheaters, steam collectors, and accumulators
- Repair and maintenance of nuclear reactors, except isotope separators
- Repair and maintenance of parts for marine or power boilers
- Platework repair of central heating boilers and radiators
- Repair and maintenance of firearms and ordinance, including sporting and recreational guns
Foreign ownership
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
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.
Minimum paid-up capital
| Situation | USD | PHP |
|---|---|---|
| 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.