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PSIC 2019 · Sub-class
60101

Radio broadcasting and relay station and studios

Closed to foreign equity

Radio broadcasting and relay station and studios.

Excludes

  • The production of taped radio programming (class 6010 exclusion) 5920

Foreign ownership

Closed to foreign equity

This activity is reserved for Filipino ownership under the Negative List. Emerhub can map a compliant alternative structure.

Legal basis: FINL A.1 · Section 11, Article XVI of the 1987 Constitution; Presidential Memorandum dated 05 May 1994; DOJ Opinion No. 40, s. 1998

Recommended route

No foreign-equity route

Emerhub can advise a compliant local structure, or an alternative activity that reaches your goal

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 corporationUSD 200k
One Person CorporationUSD 200k
Branch officeUSD 200k
Representative officeFitsUSD 30k
Local corporation, minority foreignFitsLower / 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.