Re: International Freight Forwarding and NVOCC; Nationality Requirement

November 19, 2019SEC-OGC OPINION NO. 55-19RE: INTERNATIONAL FREIGHT FORWARDING AND NVOCC; NATIONALITY REQUIREMENTFair Consulting Group Philippines, Inc.Unit 2103, 21/F, Philippine Axa Life Centre,1286 Sen. Gil Puyat Ave. cor. Tindalo St.,Makati CityAttention: Naty AlayonDear Ms. Alayon :This refers to your letter dated 25 September 2018 requesting the Commission's opinion on queries regarding the intended business activities of the proposed subsidiary of your client, Sun Ocean Corporation ("SOC"), a company located in Japan. In your letter, you stated that the proposed subsidiary intends to engage in the following business activities:1. To do business related to logistics by acting as logistics coordinator and/or cargo agent of the customer;2. To arrange the needed mode of transportation for the efficient transfer of goods, products, merchandise, items, etc. through outsourcing all relevant services to subcontractors, suppliers, and service providers such as International Freight Forwarding/Forwarder ("IFF"), Non-Vessel Operating Common Carrier ("NVOCC"), Domestic Freight Forwarding/Forwarder ("DFF"), customs brokerage, warehousing, equipment installation, insurance and trucking services;3. To negotiate with suppliers for cargo space, freight cost on behalf of the customer;4. To pay necessary freight...