Application for Issuance of Provisional ODA License
  1. Letter of Intent
  2. Business Plan
  3. Duly Accomplished
  4. Investment Commitment Form
  5. Duly Accomplished Application and Probity Forms
  6. Apostilled or Consularized / Authenticated Certification of Incorporation, Articles of Incorporation, By-Laws or equivalent documents issued by the country of origin
  7. Sworn Undertaking to complete the requirements within six (6) months from the issuance of ODA License
  8. Secretary’s Certificate or Board Resolution authorizing the application with AFAB (if thru authorized representative only)
  9. Proof of Paid-Up Capital at least USD 50,000
  10. Proof of Payment of AFAB Fees
  1. Favorable Result of the Probity Check
  2. Latest Audited Financial Statements and/or other financial records to support the applicant’s financial capacity
  3. Staffing and Organizational Structure
  4. Template of Contracts with its customers and service providers
  5. Company Policy for ODA Activities that shall contain the following:
    a)     Internal Procedure and Policies in compliance with Republic Act No. 9160 or the Anti-Money Laundering Act (AMLA)
    b)     Internal Procedure and Policies in compliance with Republic Act No. 10173 or the Date Privacy Act of 2012
    c)     Internal Procedure and Policies for Cybersecurity
    d)     Internal Procedure and Policies for Know Your Customer (KYC) / Know your Business (KYB) implementation
    e)     Customer Support, Claims handling and dispute resolution policy
  6. Other information/documents as may be required by the Administrator
  1. Letter of Intent
  2. Business Plan
  3. Money Laundering Prevention Program (MLPP)
  4. Notarized Commitment to locate/operate its business in the AFAB
  5. Duly Accomplished Application and Probity Forms
  6. License to Operate Business in the Philippines, Certification of Incorporation, Articles of Incorporation, By-Laws, General Information Sheet (GIS) or other corporate documents
  7. Duly Accomplished Investment Commitment Form
  8. Secretary’s Certificate or Board Resolution authorizing the application with AFAB (if thru authorized representative only)
  9. Proof of Payment of AFAB Fees