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PSIC 2019 · Sub-class
33120

Repair of machinery

Open to 100%

This subclass involves the repair and maintenance of various types of industrial machinery and equipment, including engines, pumps, and tools, as well as specialized machinery used in agriculture, construction, and manufacturing.

Includes

  • Repair and maintenance of non-automotive engines, e.g. ship or rail engines
  • Repair and maintenance of pumps and related equipment
  • Repair and maintenance of fluid power equipment
  • Repair of valves
  • Repair of gearing and driving elements
  • Repair and maintenance of industrial process furnaces
  • Repair and maintenance of materials handling equipment
  • Repair and maintenance of commercial refrigeration equipment and air purifying equipment
  • Repair and maintenance of commercial-type general purpose machinery
  • Repair of other power-driven hand-tools
  • Repair and maintenance of metal cutting and metal forming machine tools and accessories
  • Repair and maintenance of other machine tools
  • Repair and maintenance of agricultural tractors
  • Repair and maintenance of agricultural machinery and forestry and logging machinery
  • Repair and maintenance of metallurgy machinery
  • Repair and maintenance of mining, construction and oil and gas field machinery
  • Repair and maintenance of food, beverage, and tobacco processing machinery
  • Repair and maintenance of textile apparel, and leather production machinery
  • Repair and maintenance of papermaking machinery
  • Repair and maintenance of other special purpose machinery
  • Repair and maintenance of weighing equipment
  • Repair and maintenance of vending machines
  • Repair and maintenance of cash registers
  • Repair and maintenance of photocopy machines
  • Repair of calculators, electronic or not
  • Repair of typewriters

Excludes

  • Installation, repair and maintenance of furnace and other heating equipment 4322

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.