Republic Acts1 min read
Section 2Sec./Art. 2
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Section 29 of Republic Act No. 9280 is hereby amended to read as follows:
"SEC. 29. Admission to Professional Practice. - The practice of customs broker is a professional service, admission to which shall be determined upon the basis' of individual and personal qualifications. However, nothing in this Act shall prevent a corporation from being registered for the purpose of engaging in the business of customs brokerage as long as the corporation shall engage or hire the services of at least one (1) customs, broker,"
"For purposes of this Act, the phrase 'engaging in the business of customs brokerage' shall mean making representations in behalf of importer - clients in the Bureau of Customs (BOC) and other government agencies: Provided, That such corporations engaged in the business of customs brokering shall have a minimum paid - up capital of One million pesos (Php1, 000,000.00) before they are accredited by the BOC."
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