ccadmin

The New Law On Service Charges

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 New Law On Service Charges Read More »

Changing Times for PEZA Locators

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.

Changing Times for PEZA Locators Read More »

Disclosure and Reportorial Requirements for Lending and Financing Companies

The common practice of advertising services through television, social media, websites, radio and the like, as well as the use of online lending platforms are becoming tools of fraud, leading to the increased number of borrowers falling prey to unlawful acts of lending and financing companies.

Disclosure and Reportorial Requirements for Lending and Financing Companies Read More »

IFLR1000 Recognizes ACCRALAW in 2020 Rankings

ACCRALAW has been recognized by IFLR1000 as a leading law firm in the Philippines for 2020.

The Firm was recognized as a Tier 1 firm in the following practice areas: Capital Markets (Debt), Capital Markets (Equity), and Restructuring and Insolvency; a Tier 2 Firm in the practice areas of Banking, M&A, and Project Development; and a Tier 3 Firm in Project Finance.

IFLR1000 Recognizes ACCRALAW in 2020 Rankings Read More »

This content is legally protected and covered by copyright. Copying of this content is prohibited.

How can we help you?