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Jul
2,
2014

POEA REVOKED LICENSE OF RECRUITMENT AGENCIES

The POEA office

The POEA office

The Philippine Overseas Employment Administration (POEA), true to its words, has nullified the permission it has given to 63 recruitment agencies. This is in relation to their mission of stopping illegal recruiters from operating and taking advantage of Filipinos aspiring to work abroad.

POEA ‘cleaned’ its list of agencies by cancelling the license of recruitment agencies that have been deemed to be conducting deceitful transactions in its operation. Now, Filipinos wanting to work abroad can be sure that agencies listed in POEA are legally safe and accredited.

Here are the list of agencies whose license where cancelled. See if one of them is your agency or the agency of someone you knew so you can take the necessary actions.

  1. ABC MANILA INTERNATIONAL INC.

  2. AISIS INTERNATIONAL MANPOWER INC.
  3. AL-ABEER MANPOWER SERVICES INC.
  4. AL TAKA MANPOWER SERVICES INC.
  5. ALL-PRO STAFFING & CONSULTING SERVICES
  6. ALLSKILLS MANPOWER SERVICES INC.
  7. ALTIMA MANPOWER AGENCY INC.
  8. ASAHI INTERNATIONAL MANPOWER CORPORATION
  9. ASEAN MANAGEMENT AND TECHNICAL SERVICES INC.
  10. BIG DIPPER MARITIME SERVICES CORPORATION
  11. BOOM INTERNATIONAL RECRUITMENT AGENCY
  12. BRIGHT INTERNATIONAL MANPOWER SERVICES
  13. C.A.A. MANPOWER AGENCY
  14. CROSSWIND INTERNATIONAL MANPOWER SERVICES
  15. DIAMOND ROSE HUMAN RESOURCES AND SERVICES CORPORATION
  16. FMJ INTERNATIONAL MANPOWER AND ALLIED SERVICES INC.
  17. FUTURISTIC INTERNATIONAL ARTIST (FIA) PROMOTION CORPORATION
  18. GEMS 22 MANPOWER COMPANY
  19. GLOBAL JOBSEARCH SERVICES INC.
  20. GREENBACK INTERNATIONAL MANPOWER
  21. GOLDEN LIME INTERNATIONAL MANAGEMENT SERVICES
  22. GOLDEN MILES PLACEMENT PROMOTION AND MANNING AGENCY COMPANY
  23. HANJAN INTERNATIONAL MANAGEMENT INC.
  24. HELAL MANPOWER AGENCY
  25. HERBERT’S INTERNATIONAL INC.
  26. JARDY INTERNATIONAL PROMOTION AGENCY
  27. JMP POLARIS NAVIGATION INC. AND INVESTORS ASSURANCES CORPORATION
  28. KONNEXION INTERNATIONAL MANPOWER AGENCY
  29. LIFELINE INTERNATIONAL PHILIPPINES INC.
  30. MAJNAL RECRUITMENT AND PLACEMENT INC
  31. MARHABA INTERNATIONAL MANAGEMENT SERVICES COMPANY
  32. MBC HUMAN RESOURCES DEVELOPMENT CORPORATION
  33. MCLAINE MANAGEMENT CONSULTANCY GROUP INC.
  34. MEDRP INTERNATIONAL PHILIPPINE INC.
  35. MHHR MANPOWER RECRUITMENT & PLACEMENT AGENCY CORPORATION
  36. MORLAND OVERSEAS MANPOWER
  37. MSS TALENT MANAGEMENT SERVICES INC.
  38. NANHAYA INTERNATIONAL RECRUITMENT INC.
  39. N.A.R. TRAINING CENTER & MANAGEMENT SERVICES
  40. NORTHWEST PLACEMENT INC.
  41. OFW RECRUITMENT AGENCY
  42. P & R MANPOWER SERVICES INC.
  43. PHILEMPLOY SERVICES & RESOURCES INC.
  44. PHILTRADE INTERNATIONAL MANPOWER SERVICES
  45. REAJENT MANPOWER SERVICES INC.
  46. SAVEWAY INTERNATIONAL MANPOWER SERVICES
  47. SILVER HORIZON INTERNATIONAL MANPOWER SERVICES
  48. SMART INTERNATIONAL MARINE SERVICES CORP.
  49. STAFFLINE INC.
  50. ST. BERNARD INTERNATIONAL MANPOWER AGENCY
  51. STOCKHAUS INTERNATIONAL MANPOWER SERVICES CORPORATION
  52. THE JOB CONNECTION INTERNATIONAL MANPOWER SERVICES INC.
  53. THE JOBHUNTER INC.
  54. WELLCOME EMPLOYMENT CENTRE INC.
  55. WHITE WING’S MANPOWER EXPONENT
  56. W.M.G. INTERNATIONAL RECRUITMENT AGENCY
  57. YES HUMAN RESOURCES INC.
Jul
2,
2014

TAX RULES FOR OFWs

The Philippine taxation laws require all Filipino citizen to be taxed based on the taxable income derived within and outside the Philippines. Regardless of source and its location, all incomes earned by citizens of the Philippines are taxable.

tax image

Income earnings of OFWs from business activities or properties within the country are still subject to Philippine income tax. That means even if OFWs are abroad, as long as they receive income from sources within the Philippines, these incomes must be reported to the BIR and OFWs must pay appropriate taxes.

Here are the tax rates on passive income from the Philippines:

  1. Interest income from any bank deposit and yield or any monetary benefit from deposit substitutes and from trust funds and similar arrangements: 20% final tax.
  2. Interest income from long-term deposits or investments in the form of savings, common or individual trust funds, deposit substitutes, investment management accounts, and other investments, if terminated or pre-terminated by the holder before the 5th year: 5%, 12%, 20% final tax.
  3. Any royalties: 20% final tax.
  4. Any royalties received on books, as well as literary works and musical composition: 10% final tax.
  5. Prizes and winnings amounting to P10,000 or less (PCSO and Lotto winnings): Regular income tax rate of 5 to 32%.
  6. All other prizes and winnings (except PCSO and Lotto winnings): 20% final tax.
  7. Cash or property dividends: 10% final tax.
  8. Capital gains from the sale, exchange, or other disposition of real property in the Philippine classified as capital asset, based on gross selling price or current fair market value, whichever is higher: 6% final tax.

In addition to the tax exemption on incomes from sources outside the country, OFWs are also entitled to a tax exemption on the airport fee, travel tax and documentary stamp taxes.

Bureau of Internal Revenue (BIR), recently required banks and non-bank remittance companies to submit to their office a quarterly summary of OFW remittances. This report includes the name of the sender, name of the recipient in the Philippines, the amount of remittance, and the proof of entitlement to documentary stamp taxes exemption. This is to ensure that only legitimate OFWs are receiving the exemption privilege on paying the document stamp taxes.

Published in: Uncategorized
Jun
24,
2014

POEA Closed Down Recruiter’s Office

The Philippine Overseas Employment Administration (POEA) recently padlocks the office of a recruitment agency which was found operating without a valid license or authority from the Admin.

 

Administrator Hans Leo J. Cacdac said Helper-In Employment Center was reported to have been recruiting domestic workers for Hong Kong and was forwarding the applicant’s papers to SBEEE International Inc., a POEA-licensed agency, for processing.

poea pic

Helper-In Employment Center is allegedly owned by the incumbet vice-president of SBEE International Inc, Lorna De Dios.

 

POEA’s Prosecution Division is filing illegal recruitment cases versus De Dios and five employees of Helper-In Employment Center, and the names of its employees and officers will be included in the list of POEA’s Persons with Derogatory Record, Cacdac said.

 

POEA Anti-illegal Recruitment Branch and Philippine National Police-MPD in Malate implemented the closure order issued by Cacdac.

 

Cacdac also said that the POEA is filing separate recruitment violation cases against SBEE International Inc.

Jun
23,
2014

SIMPLIFIED VISA REQUIREMENTS FOR PINOYS TO JAPAN

konnichiwa5Good news for OFWs and visiting Filipinos to the Land of the Rising Sun.

The Japanese Ministry of Foreign Affairs (MOFA) had announced last Tuesday the implementation of substantial relaxation of its visa requirements only for its three neighbouring South East Asian countries.

Though the details and beginning date of the news are still under consideration, MOFA said that ‘multiple-entry visa requirements will be substantially relaxed and requirements for single-entry tourism visas will be relaxed to a quasi-exemption-equivalent level when applied via specified travel agencies’. It will be applicable to the nationals of the Philippines, Vietnam and Indonesia.

This steps intent to boost Japan as a tourism-oriented country with the goal of attracting 20 million foreign visitors. Contribute to growth strategies and promoting people-to-people exchange is also an objective of this measure.

Filipinos can now enjoy visiting the cherry blossom country with these new ruling of the Japanese government.

More related articles:

Published in: OFW News
Jun
19,
2014

First Month of OVR Tally, RECORD BREAKING!

The Department of Foreign Affairs, Overseas Voting Secretariat (DFA-OVS), released the tally for the first month of overseas voter (OV) registration in preparation for the 2016 Presidential Elections.

Last month, Philippine Foreign Service Posts (FSPs) processed a total of 18, 631 new overseas voter registrant applications. This figure is 111% higher than (8,819) the first month of overseas voter registration for the 2013 Senatorial Elections; 64% more than (11,397) the 2010 Presidential Elections; and more than 630% greater (2,543) than the 2007 Senatorial Elections.

The total registered overseas voter stock accumulated during the previous registration periods stands at 975, 263. If the foreign service continues to outperform itself at this pace, despite existing challenges, the ambitious goal set by the DFA-OVS and the COMELEC to gather 1 million new overseas voter registrants, by the end of this registration cycle on October 31, 2015, is attainable.

DFA-OVS is also closely coordinating with the COMELEC with regard to the possible upgrading of voter registration equipment to further imporve the registration system.

Broken down by region, the FSPs in the Middle and Africa delivered 7,301 new OV registrants, 5,186 from the Americas, the European FSPs with 3, 160, and 2,984 from the Asia Pacific. The top ten performers are Riyadh (1,398), Los Angeles (1,354), Jeddah (1,136), San Francisco (1,018), Abu Dhabi (973), Singapore (903), Dubai (877), New York (848), Lisbon (731) and London (678).

All Filipino citizens who expect to be abroad during the thirty day (April 9- May 9, 2016) overseas voting period for the 2016 Presidential Elections, at least 18 years old on May 9, 2016, and not otherwise disqualified by the law, may register as an overseas voter, at all Philippine FSPs, the three (3) Manila Economic and Cultural Offices (MECO), and at COMELEC approved registration centers outside of the FSPs or in the country.

For an updated list of approved registration centers please visit www.dfa-oavs.gov.ph or www.comelec.gov.ph.

 

 

Published in: Events, OFW News
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