Business/Corporate Laws in The Philippines and U.S.A

I want to discuss about the many similarities about Corporate Laws in The Philippines and U.S.A. That's why it can be no surprised why a good number of law students in The Philippines pass New York and California Bar Exams where most Filipinos are based. If you are planning to do business in The Philippines and you are coming from the states, it wouldn't be really that hard for you to understand the provisions and of course, that applies to Filipinos who wants to do business in The states too. I have considered blogging about this topic some time ago because I know that there is a surge of westerners who want to do business in The Philippines but finds it hard. There are some requirements that can put one off especially with the ownership that business shall be 60% Filipino owned and 40% Foreign owned. This rule seeks to protect the interest of Filipino Citizens and to moderate influx of Foreign investors who seek opportunity offshore but I can assure you that this risk is worth it. Manila is booming at its best and is one of the fastest growing economy in South East Asia. I can say that compared to other regions, The Philippines are one of the most stable country where one can invest and I can back that up with Economists' financial reports. What made Philippines more enticing to foreign investors is that communication is easy because most Filipinos are well-versed with the English language compared to other Asian countries. Doing business in The Philippines won't be easy but there is a hungry market here for new products and innovative concept from the western world. I am sure that any foreign investor who have done business in The Philippines can say this as well. I know that you have so many questions still and if you do, you can send me a message and I can be of assistance to you.