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PSIC 2019 · Sub-class
80200

Security systems service activities

Open to 100%

This sub-class involves the monitoring and maintenance of electronic security alarm systems, as well as the installation and repair of locking devices and safes. It may also include the sale of these security products.

Includes

  • Monitoring or remote monitoring of electronic security alarm systems, such as burglar and fire alarms, including their maintenance
  • Installing, repairing, rebuilding, and adjusting mechanical or electronic locking devices, safes, and security vaults
  • Selling security systems, mechanical or electronic locking devices, safes, and security vaults

Excludes

  • Installation of security systems, such as burglar and fire alarms, without later monitoring 4321
  • Selling security systems, mechanical or electronic locking devices, safes and security vaults, without monitoring, installation or maintenance services 4759
  • Security consultants 7490
  • Public order and safety activities 8423
  • Providing key duplication services 9529

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 corporationFits✓✓✓✕✕USD 200k
One Person CorporationFits✓✓✓✕✕USD 200k
Branch officeFits✓✓✓✕✕USD 200k
Representative officeFits✓✕✓✕✕USD 30k
Local corporation, minority foreign✕✓✕✓✕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.

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.