Republic Act 10963 or The Train Law simplifies the donor’s tax schedule with rates ranging from 2% to 15% to a single rare of 6% of total gifts in excess of P250,000.00. Donor’s Tax is a tax on a donation or gift, and is imposed on the gratuitous transfer of property between two or more […]
In general, the sale, barter, exchange or other disposition of shares of stock in a Philippine corporation not traded in the stock exchange is subject to the following: Capital Gains Tax (CGT) The rate for non-resident foreign corporations remains at 5% for the first Php 100,000 of net gain and 10% on amounts in excess […]
An electronic Certificate Authorizing Registration (eCAR) which is issued by the Bureau of Internal Revenue (BIR) must be secured before any transfer of shares is registered in the books of the corporation. Thus, the transfer of real and personal properties, including shares of stock, in the Philippines will not be registered to the new owner […]
Shares of stock is an intangible asset. Hence you will need a proof of ownership of your shares in the business you have invested in. Your ownership can be verified or proven in several ways: Securities and Exchange Commission (SEC) Articles of Incorporation. If you are one of the original stockholders, your name will be […]
What is a Mortgage? Mortgage, “sangla” as we call it, is the agreement by which a creditor (the mortgagee) lends money at interest to the debtor (the mortgagor) in exchange for the property’s title, accompanied with the condition that the transfer of the title absolves itself after completely paying off the debt. To simply put, […]
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World class client services, professional and exceeds our expectations;
Work is always completed in a realistic and timely manner. Attorney Duran-Schulze is my trusted expert with everything related to Philippine legal services. Look no further.
We received our Apostilled marrtiage certificate. Thank you so much Hershey. We truly appreciate all of you for the great job you did in helping us with this process especially at this time during the COVID pandemic and from abroad
We gladly would recommend your services to our friends in US looking for such service. We also will let our friends back in the Philippines/Visaya know of your great service.