PSIC 2019 · Sub-class
46692
Wholesale of fertilizers and agro-chemical products
Open to 100%
Wholesale of fertilizers and agro-chemical products.
Excludes
- Collection of household and industrial waste (class 4669 exclusion) 381
- Treatment of waste, not for further use in an industrial manufacturing process, but with the aim of disposal (class 4669 exclusion) 382
- Processing of waste and scrap and other articles into secondary raw material when a real transformation process is required (class 4669 exclusion) 3830
- Dismantling of automobiles, computers, televisions and other equipment for materials recovery (class 4669 exclusion) 3830
- Shredding of cars by means of a mechanical process (class 4669 exclusion) 3830
- Ship-breaking (class 4669 exclusion) 3830
- Retail sale of second-hand goods (class 4669 exclusion) 4774
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
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.