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Republic Act No. 8762 RETAIL TRADE LIBERALIZATION ACT.pdf

RA 8762 - Retail Trade Liberalization Act.pdf

Preview of Republic Act No. 8762 RETAIL TRADE LIBERALIZATION ACT

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📊 Size: 15 KB

👤 Author: Administrator

⬇️ Downloads: 60

Summary

Republic Act No. 8762, or the Retail Trade Liberalization Act, aims to liberalize the retail trade business in the Philippines by repealing Republic Act No. 1180 and promoting consumer welfare through increased competition and foreign investment. The law allows foreign ownership in retail trade, with certain restrictions and requirements, such as minimum paid-up capital and qualifications for foreign retailers. It categorizes enterprises into four categories based on paid-up capital, with varying levels of foreign ownership allowed. The law also requires foreign retailers to maintain a minimum capital investment and to offer a portion of their equity to the public through a stock exchange.

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Description

Republic Act No. 8762, or the Retail Trade Liberalization Act, aims to liberalize the retail trade business in the Philippines by repealing Republic Act No.

Technical Information

File Format: PDF
File Size: 15 KB
Pages: 3
Language: EN
Author: Administrator
Total Downloads: 60
Last Updated: 1 month ago

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This PDF document about Republic Act No. 8762 RETAIL TRADE LIBERALIZATION ACT provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Republic Act No. 8762 RETAIL TRADE LIBERALIZATION ACT.