On June 9 2021, the BIR issued RR 9-2021, implementing the imposition of the 12% VAT on transactions previously taxed at zero percent (0%) VAT after having met the conditions provided in the TRAIN Law, which include (1) the successful establishment and implementation of an enhanced VAT refund system that grants refunds of creditable input …
Read More
PJS Law is pleased to announce the election of Regina Jacinto-Barrientos and Roy Enrico C. Santos as Chief Executive Officer (CEO) and Managing Partner, respectively. Prior to her election as CEO, Reggie acted as Managing Partner (the leadership post she assumed in 2010) and co-heads the Corporate/M&A practice group of the firm. In 2017, Regina won …
Read More
The National Privacy Commission (Commission) has updated its draft Circular on administrative fines following public consultation held earlier this year on the first draft. Under the updated Draft Guidelines, the infractions are now tiered based on the applicable range of fines. The maximum fine for Tier 2 infractions has been lowered to 3% of annual gross …
Read More
The National Privacy Commission (“NPC”) announced that it is suspending the launch of the eRehistro, which is expected to be the NPC’s online registration platform. The launch was originally scheduled in June 2021. As the launch of e-Rehistro is further deferred, the NPC also announced extending the validity periods of all existing Certificates of Registration issued for …
Read More
The National Privacy Commission (Commission) has released a draft Circular on administrative fines to be imposed by the Commission for violations of the Data Privacy Act of 2012 (DPA), its Implementing Rules and Regulations (IRR), and other issuances and orders of the Commission. The draft Circular remains subject to comments, suggestions, and opinions from concerned …
Read More
We are delighted to announce that PJS Law was recognized as Firm of the Year in four (4) major practice areas in a survey recently conducted by The In-House Community Counsels. The firm received the highest citation among Philippine law firms in Alternative Investment Funds (including Private Equity), Anti-Trust/Competition, Energy & Natural Resources, and Projects and …
Read More
Today, as we celebrate the International Women’s Day, we give credit to the women who continue to push the boundaries, inspire and promote global recognition for gender equality. We are more than proud to have our Monalisa Dimalanta as role-model to people who aspire to be leaders in the Renewable Energy industry. Congratulations, Mona, for …
Read More
As we usher in the new year, PJS Law welcomes a new member to the Partnership and the promotions of several lawyers to Senior Associates. Entry into the Partnership of Elaine Marie G. Laceda Elaine is one of the Philippines’ most active and leading lawyers in the fields of Banking & Finance and Mergers & …
Read More
The Philippine Securities and Exchange Commission (SEC) is directing all foreign corporations to fully disclose their beneficial owners. SEC Memorandum Circular No. 30 (series of 2020) requires all foreign corporations (such as branch office, representative office and regional area/operating headquarters) to include information on their beneficial owners through the use of the Beneficial Ownership Declaration page of …
Read More
PJS Law is pleased to announce that Monalisa Dimalanta is one of the six “Distinguished Representatives” for the 3rd Women in Renewables Asia of the Year Award. She is the only Philippine awardee in this year’s run of the program, organized by the Women in Renewables Asia (WiRA), honoring select group of women in Asia-Pacific for …
Read More