For the second consecutive year, Asian Legal Business (ALB) awarded ACCRALAW as the Philippine Law Firm of the Year. ALB announced the awardees during the 4th Annual ALB Philippine Law Awards held at Makati Shangri-La Hotel, Makati City.
Month: November 2019
ACCRALAW, in cooperation with the ACCRALAW Scholarship Foundation, Inc. and the family of the late Violeta Calvo-Drilon, awarded scholarship grants to students of the University of the Philippines College of Law in view of their outstanding performance.
ACCRALAW lawyers joined the Philippine delegation to the 41st ASEAN Law Association (ALA) Governing Council Meeting held in Phuket Marriott Resort & Spa in Phuket, Thailand last 21 November 2019.
“Quick and Easy Online Loan,” “Fast, Easy, Loan Online,” “Quick Cash Online” — these are only a few of the marketing and advertising slogans of online lending companies which have emerged among the online community. Oblivious of the consequences, these online loans became popular among the mass of Filipino people who, in some way or other, needed the “quick and easy” cash.
Meritas, a global alliance of law firms worldwide, held a forum last 14 November 2019 at Shangri-la Hotel at the Fort in Bonifacio Global City, Taguig City. It was participated in by its member law firms in Asia, Australia, US and Europe, including ACCRALAW, and the Firm’s clients.
ACCRALAW’s Senior Partner Francisco Ed. Lim has been chosen to lead the Management Association of the Philippines (MAP) as its President for 2020. He serves as the 71st President since MAP’s founding in 1950.
With the enactment of Republic Act No. 11360, rank-and-file employees of restaurants, hotels and similar establishments are now entitled to 100% of the service charges collected from customers.
R.A. No. 11360 — or “An Act Providing that Service Charges Collected by Hotels, Restaurants and other Similar Establishments be Distributed in Full to All Covered Employees”
The Asia IP Awards 2019 named top IP firms in the different jurisdictions in the Asia-Pacific. The 10th annual Asia IP Awards was held last 8 November 2019 at Shangri-la’s Far Eastern Plaza Hotel in Taipei.
Taxes are integral to any economic policy. Investments flow in and out of the economy based on fiscal incentives as much as human capital. For Philippine Economic Zone Authority (PEZA) locators, investors were enticed to invest in the Philippines with tax incentives, such as the Income Tax Holiday (ITH) or 5% Gross Income Taxation (GIT), VAT zero-rated purchases, and duty-free importations.