Phillippines

Philippines Latest Updates
Philippines: Bureau of Internal Revenue Clarifies Taxes on Offshore Gaming
The Bureau of Internal Revenue (BIR) issued Revenue Circular No. 102-2017 clarifying the tax imposed on entities engaged in Philippine offshore gaming operations ...
Law Passed Strengthening Consumer Protection in the Philippines
On December 19, 2017, the Gift Check Act of 2017 (Republic Act No. 10962) was signed into law ...
Casino Covered by Philippine Anti-Money Laundering Laws
The Philippine government has expanded anti-money laundering laws to include casinos, including internet and ship-based casinos ...
Virtual currency in the Philippines: Recognition and regulation
Bitcoin is essentially a virtual currency (VC), which is any type of digital unit that is used as a medium of exchange — a veritable currency that exists in the digital world. Since it is electronic currency, VC is easily transferable and can be used to pay for goods and services sold through the internet ...
Philippines: Timing for Notification under the PCC Rules on Merger Procedure
The Philippine Competition Commission published its Rules on Merger Procedure ...
Philippines Articles and Reports
M&A
Our M&A Report includes SyCip Salazar Hernandez & Gatmaitan's article 'Further liberalisation and consolidation of the banking sector' and Phoenix Legal's contribution 'M&A Booster – New Companies Act has it all easy and clean'. You'll also find a Cover Story compiling thoughts from numerous sources throughout the region entitled 'M&A Report: a year opened with expectation'.
Anti-Trust & Competition Special Report
Keeping Hong Kong competitive Rose Webb, chief executive officer of the Competition Commission of Hong Kong, talks about the city’s new Competition Ordinance.
Recent examples of consent decrees in Korea and their implications The system, introduced in 2011, is expected to be used more actively in the future as companies have begun to view it as a viable way to resolve free-trade cases, write Chang-Ho Kum, Kenneth T Kim and Jin Woo Hwang of Yoon & Yang.
Levelling the playing field in the Philippines Until last year, the Philippines was the only founding member of Asean that did not have a comprehensive competition law in place. Francisco Ed Lim, Patricia-Ann T Prodigalidad, Eric R Recalde of ACCRALAW review the Philippine Competition Act.
India: The ‘single economic entity’ defence Although India’s competition law framework is in its early stages, the Competition Commission has reviewed several cases where the ‘single economic entity’ defence has been raised. Ritika Ganju and Ankur Verma of Phoenix Legal analyse the precedent.
Levelling the playing field in the Philippines
Before the enactment of the Philippine Competition Act in 2015, the Philippines was the only founding member of Asean that did not have a comprehensive competition law in place. Francisco Ed Lim, Patricia-Ann T Prodigalidad, Eric R Recalde of ACCRALAW review the new regime.
Anti-Trust & Competition: Philippines - Towards robust yet balanced competition in the Philippines
The state of Philippine competition regulation has been slowly taking shape barely over two years after the passage of the Philippine Competition Act (RA 10667) ...
Philippines In-House Handbook & Directory
Philippines Chapter (including firm directory)