Document background
The Foreign Investment Agreement is a crucial document used when a foreign entity plans to invest in or establish a business presence in the Philippines. This agreement is essential for compliance with Philippine foreign investment laws, including the Foreign Investments Act of 1991, the Corporation Code, and various sector-specific regulations. It outlines the investment structure, ownership arrangements, management rights, and operational parameters while addressing regulatory requirements such as foreign ownership restrictions, capital requirements, and investment incentives. The document is particularly important in sectors where foreign investment is regulated or restricted under Philippine law, and typically includes provisions for corporate governance, profit repatriation, technology transfer, and dispute resolution mechanisms specific to international investments in the Philippines.
