Global Wisdom at the Philippine Investment Briefing

On May 9, 2024, the Centro Filipinas Business Forum in Madrid served as a gathering point for a distinguished audience of diplomats, business leaders, and investors, all focused on the burgeoning economic opportunities in the Philippines. The event, moderated by Ms. Monika Kamille B. Limpo, First Secretary and Consul, and aptly named the “Philippine Investment and Tax Briefing,” was organized by the Philippine Embassy and provided a deep dive into the attractive landscape for foreign investments in the Philippines.

The briefing was graced by prominent figures such as His Excellency Philippe J. Lhuillier, the Philippine Ambassador to Spain, and Mr. Mark Francis Hamoy, Consul General of the Philippine Embassy in Madrid. A standout moment was the presentation by Mr. Raymond Abrea, Chief Tax Advisor at the Asian Consulting Group, who launched his insightful book, "Why Invest in The Philippines, A Guide to Investing and Doing Business in the Philippines."

The discussions were rich and informative, covering a wide range of critical topics:

  • Economic Information in the Philippines: Highlighting the country's stable economic growth and strategic position in Asia.

  • Investment Opportunities: Exploring sectors ripe for investment, including technology, manufacturing, and energy.

  • Tax Incentives for Foreign Investors: Detailing the competitive advantages offered to overseas businesses.

  • Tax Updates: Discussing the comprehensive tax reform program, ease of tax payments, and taxation in the digital economy.

  • Frequently Asked Questions by Foreign Investors: Addressing common concerns and logistical queries from potential investors.

Global Wisdom, known for its expertise in international business advisory, was represented by Jaime Amoedo, CEO, and Carolina Tamayo, MD. The company showcased its commitment to facilitating smooth international trade and investment. With its extensive knowledge and strategic services, Global Wisdom is well-equipped to guide businesses through the complexities of entering and succeeding in the Philippine market.

The Philippines presents a compelling opportunity for global investors, thanks to its supportive government policies and dynamic economic environment. For businesses looking to expand internationally, understanding the nuances of investment opportunities and tax benefits is crucial. Global Wisdom provides invaluable assistance in this regard, helping clients leverage these insights to make informed decisions.

As Global Wisdom continues to support companies in their international endeavors, its participation in events like the Philippine Investment and Tax Briefing underscores its role as a pivotal partner for businesses aiming to thrive on the global stage. The expertise and strategic advice offered by Global Wisdom are essential for any entity looking to capitalise on the diverse opportunities in the Philippines.

Contact Global Wisdom for Growth Opportunities

Are you looking to expand your business internationally? Contact the Global Wisdom team at mail@globalwisdom.info for guidance on how to navigate and succeed in international markets. We are here to help you leverage global opportunities and achieve your business objectives.

In summary, the Philippine Investment and Tax Briefing was not only a platform for learning and networking but also a showcase of the strategic importance of the Philippines as an investment destination. With the support of firms like Global Wisdom, businesses can navigate the promising but complex landscape of international investment and trade with confidence and clarity.

Disclaimer: This publication is intended merely to provide some key information and not to be comprehensive, nor to provide legal advice. Should you have any questions on the information provided, please contact us.

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