8/20/2019 Chklist Issuance http://slidepdf.com/reader/full/chklist-issuance 1/4 ,, FM-POEA 03-IR-01A Effectivity Date: 16 May 2012 Page 1 of 4 PHILIPPINE OVERSEAS EMPLOYMENT ADMINISTRATION Licensing and Regulation Office Licensing Branch, Licensing and Evaluation Division CHECKLIST OF REQUIREMENTS FOR ISSUANCE OF LICENSE 1 . Written application for issuance of license 2. Applicant Information Sheet for Issuance of License (FM-POEA-03-IR-01 B) 3. Proof of business registration and minimum P2 million paid-up/capitalization (whichever is applicable) ) SEC Certificate of Incorporation Corporation Partnership ) DTI Certificate of Business Name Registration Indicating business purpose and capital investment 4. Proof of financial capacity For Sole Proprietor: ( ) Bank certificate on savings account deposit showing a maintaining balance of at least P500,000.00 ) Bank Certificate f\ the remaining balance of the 2 Million Capitalization of the agency ) Authority to examine bank deposits signed by the authorized signatory of the agency ) Individual Income Tax Returns with confirmation receipt of payment for the past 2 years of the Proprietor For Newly Registered Corporation/Partnership: ( ) Bank certificate on savings account deposit showing a maintaining balance of at least PSOO,OOO.OO ( ) Bank Certificate on the remaining balance of the 2 Million paid up capital of the agency ( ) Authority to examijne bank deposits signed by the authorized signatory of the agency ( ) Individual lncome Tax Returns with confirmation receipt of payment/Electronic payment document for the past 2 years of the Board of Directors/Partners ) SIR tax exemption certificate. if tax exempt • For Existing Corooration/Partntrship: ( ) Bank certificate on savings account deposit showing a maintaining balance of at least P500,000.00 . ( ) Bank Certificate on the remaining balance of the 2 Million paid up capital of the agency ( ) Authority to examine bank deposits signed by the authorized signatory of the agency ( ) Audited financial statements and Corporate Income Tax Returns for the past 2 years ( ) Individual Income Tax Returns with confirmation receipt of paymentJEiectronic payment document for the past 2 years of the Board of Directors/Partners ) BIR tax exemption certificate, if tax exempt If applicant agency has corporate ( ) Articles of Incorporation ( ) Board Resolution/Secretary's Certificate on designated authorized representative ( ) Financial statement for the past two (2) years ( ) Corporate Income Tax Returns with confirmation receipt of payment for the past two .2) years 5. Proof of Mai'Keting Capability For Landbat•d Agenctas: ( ) 8peolil Power of Attorney (SPA) recruitment lgreem nt verified by the Philippine OverseliiS l..abot Otfiee nel lri Uit the jobsite or iliUthi l'lticoted by the Philippine Embassy 11 1 ea86 is htl POLO at the jbbsite ) Manpowet' request/job order C f not le$8 than 1 00 workers verified by the POLO or •uthenticated by the Philippine Embassy in the absence of a POLO ( ) CertifiCation from the Pre·Employment Servioes Office (PSO) that tht principal is a new market ( ) Business registration of the principal
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.