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PSIC 2019 · Sub-class
60201

Television broadcasting and relay stations and studios including closed circuit television services

Closed to foreign equity

Television broadcasting and relay stations and studios are included, along with closed circuit television services.

Excludes

  • Production of television programme elements such as movies, documentaries, and commercials (class 6020 exclusion) 5911
  • Assembly of a package of channels and distribution of that package via cable or satellite to viewers (class 6020 exclusion) 61

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 corporation✓✓✓✕✕USD 200k
One Person Corporation✓✓✓✕✕USD 200k
Branch office✓✓✓✕✕USD 200k
Representative officeFits✓✕✓✕✕USD 30k
Local corporation, minority foreignFits✕✓✕✓✕Lower / none
Employer of RecordFits–✕✓✓✓None
Product holdingFits–✓✓✓✓None

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.