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PSIC 2019 · Sub-class
84120

Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security

Open to 100%

This sub-class covers the regulation and administration of various public programs aimed at enhancing personal well-being, including health, education, culture, and social services.

Includes

  • Public administration of programs for health, education, culture, sport, recreation, environment, housing, and social services
  • Public administration of research and development policies and associated funds for these areas
  • Sponsoring of recreational and cultural activities
  • Distribution of public grants to artists
  • Administration of potable water supply programs
  • Administration of waste collection and disposal operations
  • Administration of environmental protection programs
  • Administration of housing programs

Excludes

  • Sewage, refuse disposal and remediation activities
  • Compulsory social security activities 8430
  • Education activities
  • Human health-related activities
  • Activities of libraries and public archives, (private, public or government operated) 9101
  • Operation of museums and other cultural institutions 9102
  • Sporting or other recreational activities

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

Compare all company structures

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

Bold is the figure the law sets; the other column is an approximate conversion at ₱57 to USD 1.